LGNC (Logan Clay Products Co) Debt-to-Equity: 0.00 (As of . 20)

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What is Logan Clay Products Co Debt-to-Equity?

Logan Clay Products Co LGNC Debt-to-Equity is 0.00 as of . 20.

Logan Clay Products Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil. Logan Clay Products Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil. Logan Clay Products Co's Total Stockholders Equity for the quarter that ended in . 20 was $0.00 Mil.

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 Logan Clay Products Co's Debt-to-Equity or its related term are showing as below:

LGNC's Debt-to-Equity is not ranked *
in the Construction industry.
Industry Median: 0.4
* Ranked among companies with meaningful Debt-to-Equity only.

Logan Clay Products Co  (OTCPK:LGNC) 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.

Logan Clay Products Co Debt-to-Equity Related Terms

Logan Clay Products Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Logan Clay Products Co'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.

Logan Clay Products Co Debt-to-Equity Chart

Logan Clay Products Co Annual Data
Trend
Debt-to-Equity

Logan Clay Products Co Quarterly Data
Debt-to-Equity

Logan Clay Products Co Debt-to-Equity Competitor Comparison

For the Building Products & Equipment subindustry, Logan Clay Products Co'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.

Logan Clay Products Co Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, Logan Clay Products Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Logan Clay Products Co's Debt-to-Equity falls into.


Logan Clay Products Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Logan Clay Products Co's Debt to Equity Ratio for the fiscal year that ended in . 20 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
=( + ) / N/A
=N/A

Logan Clay Products Co's Debt to Equity Ratio for the quarter that ended in . 20 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
=( + ) /
=N/A

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.00 mean?
Logan Clay Products Co (LGNC) has a Debt-to-Equity of 0.00 as of . 20. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Logan Clay Products Co and its competitors.
Is Logan Clay Products Co's Debt-to-Equity too high?
Logan Clay Products Co's current Debt-to-Equity is 0.00.
How does Logan Clay Products Co's Debt-to-Equity compare to competitors?
Logan Clay Products Co's Debt-to-Equity of 0.00 can be compared against companies in the Construction industry. The industry median Debt-to-Equity is 0.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,617 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Logan Clay Products Co and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Logan Clay Products Co's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Logan Clay Products Co stock overvalued right now?
Logan Clay Products Co (LGNC) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Logan Clay Products Co (LGNC), the current Debt-to-Equity is 0.00 as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Logan Clay Products Co Business Description

Address 201 S. Walnut Street, P.O. Box 698, Logan, OH, USA, 43138
Logan Clay Products Co manufactures vitrified clay pipe for sanitary sewers, clay flue liners for masonry chimneys and clay walls coping. It also produces hardwood pallets and related products.