Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Image Scan HoldingsFRA:LWN Debt-to-Equity is 0.00 as of Mar. 2026. The stock has 6 warning signs investors should review. Among 957 Business Services companies, Image Scan Holdings ranks better than 82.03% on this metric.
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 Image Scan Holdings's Debt-to-Equity or its related term are showing as below:
FRA:LWN'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.1 Max: 0.15
Current: 0.06
During the past 13 years, the highest Debt-to-Equity Ratio of Image Scan Holdings was 0.15. The lowest was 0.06. And the median was 0.10.
FRA:LWN's Debt-to-Equity is ranked better than 82.03% of 957
companies
in the Business Services industry
Industry Median: 0.33
vs FRA:LWN: 0.06
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.
Image Scan Holdings Debt-to-Equity Related Terms
Image Scan Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Image Scan Holdings'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.
FRA:LWN vs ALLE, MSA, ADT: Debt-to-Equity Comparison
For the Security & Protection Services subindustry, Image Scan Holdings'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.
Image Scan Holdings Debt-to-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Image Scan Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Image Scan Holdings's Debt-to-Equity falls into.
* 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.
Image Scan Holdings (FRA:LWN) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Image Scan Holdings and its competitors. Over the past decade, Image Scan Holdings' Debt-to-Equity has ranged from 0.06 to 0.15. According to the industry distribution chart, Image Scan Holdings ranks #172 out of 957 companies in the Business Services industry, placing it in the top 18%.
Is Image Scan Holdings' Debt-to-Equity too high?
Image Scan Holdings' current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.15. Based on the distribution chart, Image Scan Holdings ranks #172 out of 957 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers.
How does Image Scan Holdings' Debt-to-Equity compare to ALLE and MSA?
According to the Business Services industry distribution chart, Image Scan Holdings ranks #172 out of 957 companies for Debt-to-Equity. This places Image Scan Holdings in the top 18% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.33. Historically, Image Scan Holdings' own Debt-to-Equity has ranged from 0.06 to 0.15 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Business Services company?
The median Debt-to-Equity among Business Services companies is 0.33, based on 957 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Image Scan Holdings and its competitors. For the Business Services industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Image Scan Holdings's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Image Scan Holdings stock overvalued right now?
Image Scan Holdings (FRA:LWN) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Image Scan Holdings (FRA:LWN), the current Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Image Scan Holdings PLC is principally engaged in the development and sale of portable X-ray systems for security and counter-terrorism applications. Additionally, it also manufactures industrial X-ray inspection systems. The company offers a range of portable, rapid deployment, and static security solutions to several security sectors, including government and private security organisations. It serves police, military, security services, bomb disposal teams, prisons, ports, airports, cargo handlers, freight forwarders, corporate headquarters, mail rooms, and operators of stadiums and events. The company derives revenue from the sale of its equipment. Geographically, it generates the majority of revenue from the United Kingdom.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:LWN has been successfully added to your 
