Lesaka Technologies (JSE:LSK) Debt-to-Equity : 0.61 (As of Mar. 2024)

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What is Lesaka Technologies Debt-to-Equity?

Lesaka Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R345 Mil. Lesaka Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R2,569 Mil. Lesaka Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was R4,759 Mil. Lesaka Technologies's debt to equity for the quarter that ended in Mar. 2024 was 0.61.

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 Lesaka Technologies's Debt-to-Equity or its related term are showing as below:

JSE:LSK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.15 Max: 0.75
Current: 0.61

During the past 13 years, the highest Debt-to-Equity Ratio of Lesaka Technologies was 0.75. The lowest was 0.03. And the median was 0.15.

JSE:LSK's Debt-to-Equity is ranked worse than
75.99% of 2216 companies
in the Software industry
Industry Median: 0.21 vs JSE:LSK: 0.61

Lesaka Technologies Debt-to-Equity Historical Data

The historical data trend for Lesaka Technologies'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.

Lesaka Technologies Debt-to-Equity Chart

Lesaka Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.20

0.05

0.69

0.66

Lesaka Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.75	0.66	0.66	0.70	0.61

Competitive Comparison of Lesaka Technologies's Debt-to-Equity

For the Software - Infrastructure subindustry, Lesaka Technologies'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.

Lesaka Technologies's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Lesaka Technologies's Debt-to-Equity distribution charts can be found below:

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

Lesaka Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lesaka Technologies's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(702.105	+	2485.429)	/	4853.16
	=	0.66

Lesaka Technologies's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(345.103	+	2569.144)	/	4759.371
	=	0.61

Lesaka Technologies (JSE:LSK) 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.

Lesaka Technologies Debt-to-Equity Related Terms

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

Lesaka Technologies (JSE:LSK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Lesaka Technologies Inc (JSE:LSK) » Definitions » Debt-to-Equity

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LSAK:USA

Address

Corner Jan Smuts Avenue and Bolton Road, President Place, 4th Floor, Rosebank, Johannesburg, GT, ZAF, 2196

Website

https://www.lesakatech.com

Lesaka Technologies Inc provides payment solutions, transaction processing solutions, and financial technologies. The company operates two reportable segments: Merchant and Consumer. The company operates mainly within South Africa. The Merchant segment that derives majority revenue includes activities related to the provision of goods and services provided to corporate and other juristic entities. It earns fees from processing activities performed for its customers and revenue generated from the distribution of prepaid airtime. The Consumer segment includes activities related to the provision of financial services to customers, including bank accounts, loans, and insurance products. The firm charges monthly administration fees for all bank accounts.

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