Lucky Core Industries (KAR:LCI) Debt-to-Equity : 0.47 (As of Dec. 2024)

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What is Lucky Core Industries Debt-to-Equity?

Lucky Core Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₨14,328 Mil. Lucky Core Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₨10,587 Mil. Lucky Core Industries's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₨52,701 Mil. Lucky Core Industries's debt to equity for the quarter that ended in Dec. 2024 was 0.47.

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 Lucky Core Industries's Debt-to-Equity or its related term are showing as below:

KAR:LCI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.48 Max: 0.95
Current: 0.47

During the past 13 years, the highest Debt-to-Equity Ratio of Lucky Core Industries was 0.95. The lowest was 0.26. And the median was 0.48.

KAR:LCI's Debt-to-Equity is ranked worse than
57.96% of 1389 companies
in the Chemicals industry
Industry Median: 0.36 vs KAR:LCI: 0.47

Lucky Core Industries Debt-to-Equity Historical Data

The historical data trend for Lucky Core Industries'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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Lucky Core Industries Debt-to-Equity Chart

Lucky Core Industries Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

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0.74

0.49

0.76

0.46

0.34

Lucky Core Industries Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.34	0.29	0.34	0.48	0.47

Competitive Comparison of Lucky Core Industries's Debt-to-Equity

For the Chemicals subindustry, Lucky Core Industries'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.

Lucky Core Industries's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lucky Core Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Lucky Core Industries's Debt-to-Equity falls into.

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Lucky Core Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lucky Core Industries's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(12682.497	+	4143.826)	/	49447.02
	=	0.34

Lucky Core Industries's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(14328.189	+	10587.024)	/	52700.525
	=	0.47

Lucky Core Industries (KAR:LCI) 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.

Lucky Core Industries Debt-to-Equity Related Terms

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Lucky Core Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lucky Core Industries Ltd (KAR:LCI) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

5 West Wharf Road, ICI House, Karachi, PAK, 74000

Website

https://www.luckycore.com

Lucky Core Industries Ltd is a Pakistan-based manufacturing and trading and AgriSciences. The company is organised into business units based on its products and services and has five reportable segments, namely Polyester, Soda Ash, Animal Health, Pharma and Chemicals and Agri Sciences. It exports its products and services in Bangladesh, China, Sri Lanka, United States, UAE and Others.

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