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Leroy Seafood Group ASA Debt-to-Equity

: 0.46 (As of Mar. 2022)
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Leroy Seafood Group ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $139 Mil. Leroy Seafood Group ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $853 Mil. Leroy Seafood Group ASA's Total Stockholders Equity for the quarter that ended in Mar. 2022 was $2,141 Mil. Leroy Seafood Group ASA's debt to equity for the quarter that ended in Mar. 2022 was 0.46.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Leroy Seafood Group ASA's Debt-to-Equity or its related term are showing as below:

LYSFY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.45   Max: 0.67
Current: 0.46

During the past 13 years, the highest Debt-to-Equity Ratio of Leroy Seafood Group ASA was 0.67. The lowest was 0.12. And the median was 0.45.

LYSFY's Debt-to-Equity is ranked worse than
51.48% of 1554 companies
in the Consumer Packaged Goods industry
Industry Median: 0.43 vs LYSFY: 0.46

Leroy Seafood Group ASA Debt-to-Equity Historical Data

The historical data trend for Leroy Seafood Group ASA's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Leroy Seafood Group ASA Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.42 0.35 0.41 0.45 0.49

Leroy Seafood Group ASA Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.46 0.51 0.49 0.46

Competitive Comparison

For the Packaged Foods subindustry, Leroy Seafood Group ASA's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Leroy Seafood Group ASA Debt-to-Equity Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Leroy Seafood Group ASA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Leroy Seafood Group ASA's Debt-to-Equity falls into.



Leroy Seafood Group ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Leroy Seafood Group ASA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(157.86028437497 + 825.00406409014) / 2026.1354399795
=0.49

Leroy Seafood Group ASA's Debt to Equity Ratio for the quarter that ended in Mar. 2022 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(138.74020828617 + 853.18949513244) / 2140.8201267829
=0.46

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Leroy Seafood Group ASA  (OTCPK:LYSFY) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Leroy Seafood Group ASA Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Leroy Seafood Group ASA's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Leroy Seafood Group ASA Business Description

Leroy Seafood Group ASA logo
Traded in Other Exchanges
Address
Thormohlens gate 51 B, P.O.Box 7600, Bergen, NOR, NO - 5006
Leroy Seafood Group ASA is a seafood producer, originally from Norway. The company's core activities are global distribution, sale, and marketing of seafood, processed seafood, salmon, fjord trout, cod, saithe, mackerel, herring, sushi, shellfish, and other species. Leroy Seafood Group serves hotels, restaurants, and retail segments with fresh, frozen, smoked, and marinated seafood products. Its main brands are Aurora Salmon, Finest Salmon Loin, Fossen Fjord Fish, Leroj Fjord Trout, Leroy Sushi, and Leroy King Crab.
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