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Lechwerke AG (FRA:LEC) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Lechwerke AG Debt-to-Equity?

Lechwerke AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0 Mil. Lechwerke AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0 Mil. Lechwerke AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €532 Mil. Lechwerke AG's debt to equity for the quarter that ended in Dec. 2023 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 Lechwerke AG's Debt-to-Equity or its related term are showing as below:

FRA:LEC's Debt-to-Equity is not ranked *
in the Utilities - Regulated industry.
Industry Median: 0.84
* Ranked among companies with meaningful Debt-to-Equity only.

Lechwerke AG Debt-to-Equity Historical Data

The historical data trend for Lechwerke AG'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.

Lechwerke AG Debt-to-Equity Chart

Lechwerke AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Lechwerke AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Lechwerke AG's Debt-to-Equity

For the Utilities - Diversified subindustry, Lechwerke AG'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.


Lechwerke AG's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Lechwerke AG's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Lechwerke AG's Debt-to-Equity falls into.



Lechwerke AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lechwerke AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Lechwerke AG's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Lechwerke AG  (FRA:LEC) 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.


Lechwerke AG Debt-to-Equity Related Terms

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


Lechwerke AG (FRA:LEC) Business Description

Traded in Other Exchanges
Address
Schaezlerstrasse 3, Augsburg, DEU, 86150
Lechwerke AG is a regional energy supplier in Bavaria and parts of Baden-Wurttemberg. The company offers both electricity and gas products as well as all energy-related services such as contracting, energy certificates and energy controlling. The company also works in the field of street lighting as well as the development and implementation of energy efficiency projects and comprehensive energy concepts.

Lechwerke AG (FRA:LEC) Headlines

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