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London City Equities (ASX:LCE) Debt-to-Equity : 0.00 (As of Jun. 2024)


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What is London City Equities Debt-to-Equity?

London City Equities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$0.00 Mil. London City Equities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$0.00 Mil. London City Equities's Total Stockholders Equity for the quarter that ended in Jun. 2024 was A$21.44 Mil. London City Equities's debt to equity for the quarter that ended in Jun. 2024 was 0.00.

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 London City Equities's Debt-to-Equity or its related term are showing as below:

ASX:LCE's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.2
* Ranked among companies with meaningful Debt-to-Equity only.

London City Equities Debt-to-Equity Historical Data

The historical data trend for London City Equities'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.

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London City Equities Debt-to-Equity Chart

London City Equities Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
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London City Equities Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of London City Equities's Debt-to-Equity

For the Asset Management subindustry, London City Equities'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.


London City Equities's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, London City Equities's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where London City Equities's Debt-to-Equity falls into.



London City Equities Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

London City Equities's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

London City Equities's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

* 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.


London City Equities  (ASX:LCE) 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.


London City Equities Debt-to-Equity Related Terms

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


London City Equities Business Description

Traded in Other Exchanges
N/A
Address
111 Harrington Street, Level 2, Suite 212, The Rocks, NSW, AUS, 2000
London City Equities Ltd is a holding company engaged in investing in entities that have market shares and offer growth. Its segments include Equity investment and Other. The company researches and invests long-term in strategic shareholdings in companies, which holds industry positions and has management, and represents value. The Equity investment segment acts as a key revenue generator for the firm.

London City Equities Headlines

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