LOLC General Insurance (COL:LGIL.N0000) Debt-to-Equity : 0.00 (As of . 20)

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What is LOLC General Insurance Debt-to-Equity?

LOLC General Insurance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was රු0.00 Mil. LOLC General Insurance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was රු0.00 Mil. LOLC General Insurance's Total Stockholders Equity for the quarter that ended in . 20 was රු0.00 Mil.

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 LOLC General Insurance's Debt-to-Equity or its related term are showing as below:

COL:LGIL.N0000's Debt-to-Equity is not ranked ^*
in the Insurance industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

LOLC General Insurance Debt-to-Equity Historical Data

The historical data trend for LOLC General Insurance'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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LOLC General Insurance Debt-to-Equity Chart

LOLC General Insurance Annual Data

Trend

Debt-to-Equity

LOLC General Insurance Semi-Annual Data

Debt-to-Equity

Competitive Comparison of LOLC General Insurance's Debt-to-Equity

For the Insurance - Property & Casualty subindustry, LOLC General Insurance'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.

LOLC General Insurance's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, LOLC General Insurance's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where LOLC General Insurance's Debt-to-Equity falls into.

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LOLC General Insurance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LOLC General Insurance's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

LOLC General Insurance's Debt to Equity Ratio for the quarter that ended in . 20 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
	=	(	+	)	/
	=	N/A

LOLC General Insurance (COL:LGIL.N0000) 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.

LOLC General Insurance Debt-to-Equity Related Terms

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

LOLC General Insurance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » LOLC General Insurance PLC (COL:LGIL.N0000) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.481,T B Jayah Mawatha, Colombo, LKA, 10

Website

https://www.lolcgeneral.com

LOLC General Insurance PLC is engaged in providing insurance. Its offerings include Motor Insurance, Engineering Insurance, Shop Insurance, Title Insurance, Marine Cargo, and Miscellaneous Insurance, among other products. The operating segments of the group are Motor and Non-Motor. The motor insurance segment involves the coverage for motor vehicles against loss or damage caused by accidents, fire and theft and legal liability to third parties in the event of physical injuries or property damage.

LOLC General Insurance Headlines

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