Leader Capital Holdings (Leader Capital Holdings) Debt-to-Equity : -0.42 (As of Aug. 2023)

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What is Leader Capital Holdings Debt-to-Equity?

Leader Capital Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $0.99 Mil. Leader Capital Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $0.20 Mil. Leader Capital Holdings's Total Stockholders Equity for the quarter that ended in Aug. 2023 was $-2.87 Mil. Leader Capital Holdings's debt to equity for the quarter that ended in Aug. 2023 was -0.42.

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 Leader Capital Holdings's Debt-to-Equity or its related term are showing as below:

LCHD' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.58 Med: 0.51 Max: 6.19
Current: -0.42

During the past 7 years, the highest Debt-to-Equity Ratio of Leader Capital Holdings was 6.19. The lowest was -0.58. And the median was 0.51.

LCHD's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs LCHD: -0.42

Leader Capital Holdings Debt-to-Equity Historical Data

The historical data trend for Leader Capital 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.

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Leader Capital Holdings Debt-to-Equity Chart

Leader Capital Holdings Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

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1.38

0.51

6.19

-0.58

-0.42

Leader Capital Holdings Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Debt-to-Equity	Get a 7-Day Free Trial															-0.58	-0.56	-0.42	-0.45	-0.42

Competitive Comparison of Leader Capital Holdings's Debt-to-Equity

For the Software - Application subindustry, Leader Capital 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.

Leader Capital Holdings's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Leader Capital Holdings's Debt-to-Equity falls into.

Leader Capital Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Leader Capital Holdings's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(0.994	+	0.2)	/	-2.867
	=	-0.42

Leader Capital Holdings's Debt to Equity Ratio for the quarter that ended in Aug. 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
	=	(0.994	+	0.2)	/	-2.867
	=	-0.42

Leader Capital Holdings (OTCPK:LCHD) 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.

Leader Capital Holdings Debt-to-Equity Related Terms

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

Leader Capital Holdings (Leader Capital Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Leader Capital Holdings Corp (OTCPK:LCHD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongqing Road, Room 711, 7F, No. 89, Section 1, North District, Taichung City, Taichung, TWN

Website

https://www.leader-capital.com

Leader Capital Holdings Corp through its subsidiaries owns and operates a mobile application platform that connects the investor with other financial service providers. The company's application helps to meet the generic needs of financial service providers mainly for trust and insurance companies. Investors can use this platform to make their investment decisions in real-time and place investment orders without having to e-mail or fax documents to their investment advisor. The Company operates in one business and industry segment: the provision of investment platform services through mobile application.

Executives

Shui Fung Cheng	director, 10 percent owner	ROOM 2708-09, METROPOLIS TOWER,, 10 METROPOLIS DRIVE,, HUNG HOM K3 0000000000
Leader Financial Asset Management Ltd	10 percent owner	ROOM 2708-09, THE METROPOLIS TOWER,, 10 METROPOLIS DRIVE, HUNG HOM,, HONG KONG K3 0000000000
First Leader Capital Ltd	10 percent owner	ROOM 2708-09, THE METROPOLIS TOWER,, 10 METROPOLIS DRIVE, HUNG HOM, HONG KONG K3 0000000000
Cpn Investment Ltd	10 percent owner	ROOM 2708-09, THE METROPOLIS TOWER,, 10 METROPOLIS DRIVE, HUNG HOM,, HONG KONG K3 0000000000
Anzhao International Ltd	10 percent owner	4007 CENTRAL PLAZA,, 18 HARBOUR ROAD, WANCHAI, HONG KONG K3 0000000000
Yi-hsiu Lin	director, 10 percent owner, officer: Chief Executive Officer	ROOM 2708-09, METROPOLIS TOWER,, 10 METROPOLIS DRIVE, HONG KONG K3 0000000000

Leader Capital Holdings (Leader Capital Holdings) Headlines

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