GURUFOCUS.COM » STOCK LIST » Technology » Software » Lucas GC Ltd (NAS:LGCL) » Definitions » Debt-to-Equity

Lucas GC (Lucas GC) Debt-to-Equity : 0.20 (As of Dec. 2023)


View and export this data going back to 2024. Start your Free Trial

What is Lucas GC Debt-to-Equity?

Lucas GC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.5 Mil. Lucas GC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Lucas GC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $27.2 Mil. Lucas GC's debt to equity for the quarter that ended in Dec. 2023 was 0.20.

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 Lucas GC's Debt-to-Equity or its related term are showing as below:

LGCL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.13   Max: 0.2
Current: 0.2

During the past 4 years, the highest Debt-to-Equity Ratio of Lucas GC was 0.20. The lowest was 0.06. And the median was 0.13.

LGCL's Debt-to-Equity is ranked better than
51.06% of 2211 companies
in the Software industry
Industry Median: 0.21 vs LGCL: 0.20

Lucas GC Debt-to-Equity Historical Data

The historical data trend for Lucas GC'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.

Lucas GC Debt-to-Equity Chart

Lucas GC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
- - 0.06 0.20

Lucas GC Quarterly Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial - - 0.06 0.16 0.20

Competitive Comparison of Lucas GC's Debt-to-Equity

For the Software - Application subindustry, Lucas GC'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.

Lucas GC's Debt-to-Equity Distribution in the Software Industry

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

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


Lucas GC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lucas GC's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
=(5.527 + 0) / 27.19
=0.20

Lucas GC's Debt to Equity Ratio for the quarter that ended in Dec. 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
=(5.527 + 0) / 27.19
=0.20

* 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.

Lucas GC  (NAS:LGCL) 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.

Lucas GC Debt-to-Equity Related Terms

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

Lucas GC (Lucas GC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Lucas GC Ltd (NAS:LGCL) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
Xiaoyun Road, Room 5A01, 4th Floor, Air China Building, Sanyuanqiao, Chaoyang District, Beijing, CHN, 100027
Website
https://hunter.lucasgchr.com
Lucas GC Ltd is a technology-driven online agent-centric human capital management service provider targeting professionals based on PaaS in China.