Leroy Seafood Group ASA (Leroy Seafood Group ASA) Debt-to-Equity

: 0.68 (As of Sep. 2023)

View and export this data going back to 2014. Start your Free Trial

Leroy Seafood Group ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $296 Mil. Leroy Seafood Group ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $839 Mil. Leroy Seafood Group ASA's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1,662 Mil. Leroy Seafood Group ASA's debt to equity for the quarter that ended in Sep. 2023 was 0.68.

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: 0.34 Med: 0.44 Max: 0.68
Current: 0.68

During the past 13 years, the highest Debt-to-Equity Ratio of Leroy Seafood Group ASA was 0.68. The lowest was 0.34. And the median was 0.44.

LYSFY's Debt-to-Equity is ranked worse than
65.63% of 1638 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs LYSFY: 0.68

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

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

0.35

0.41

0.45

0.49

0.47

Leroy Seafood Group ASA Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity																0.46	0.47	0.45	0.63	0.68

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. 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
	=	(212.952	+	717.553)	/	1994.789
	=	0.47

Leroy Seafood Group ASA's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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
	=	(296.496	+	839.023)	/	1662.416
	=	0.68

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 (Leroy Seafood Group ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Leroy Seafood Group ASA (OTCPK:LYSFY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LYSFF:USA LSGO:Sweden LSG:Norway 0GM2:UK Z1L:Germany

Address

Thormohlens gate 51 B, P.O.Box 7600, Bergen, NOR, NO - 5006

Website

https://www.leroyseafood.com

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, Artic Supreme, Fossen Fjord Fish, Leroj Fjord Trout, Leroy Sushi, and Leroy King Crab.