LGL Group (LGL Group) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is LGL Group Debt-to-Equity?

LGL Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. LGL Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. LGL Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $38.76 Mil. LGL Group's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 LGL Group's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of LGL Group was 0.01. The lowest was 0.01. And the median was 0.01.

LGL.WS's Debt-to-Equity is not ranked ^*
in the Hardware industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

LGL Group Debt-to-Equity Historical Data

The historical data trend for LGL Group'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.

LGL Group Debt-to-Equity Chart

LGL Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

LGL Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of LGL Group's Debt-to-Equity

For the Electronic Components subindustry, LGL Group'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.

LGL Group's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LGL Group's Debt-to-Equity distribution charts can be found below:

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

LGL Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LGL Group'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
	=	(0	+	0)	/	38.762
	=	0.00

LGL Group'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
	=	(0	+	0)	/	38.762
	=	0.00

LGL Group (AMEX:LGL.WS) 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.

LGL Group Debt-to-Equity Related Terms

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LGL Group (LGL Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LGL Group Inc (AMEX:LGL.WS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LGL:USA 51L:Germany

Address

2525 Shader Road, Orlando, FL, USA, 32804

Website

https://www.lglgroup.com

LGL Group Inc is engaged in investment and manufacturing business activities. Its Electronic components segment is focused on the design and manufacture of engineered frequency and spectrum control products. The company's Electronic instruments segment is focused on the design and manufacture of high-performance Frequency and Time reference standards that form the basis for timing and synchronization in various applications including satellite communication, time transfer systems, network synchronization, electricity distribution and metrology. Majority of its revenue is derived from the Electronic components segment.