Land and Houses PCL (Land and Houses PCL) Debt-to-Equity : 1.44 (As of Mar. 2024)

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What is Land and Houses PCL Debt-to-Equity?

Land and Houses PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $838.13 Mil. Land and Houses PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,272.02 Mil. Land and Houses PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,468.32 Mil. Land and Houses PCL's debt to equity for the quarter that ended in Mar. 2024 was 1.44.

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 Land and Houses PCL's Debt-to-Equity or its related term are showing as below:

LHSPY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.67 Med: 1.01 Max: 1.49
Current: 1.44

During the past 13 years, the highest Debt-to-Equity Ratio of Land and Houses PCL was 1.49. The lowest was 0.67. And the median was 1.01.

LHSPY's Debt-to-Equity is ranked worse than
72.29% of 1588 companies
in the Real Estate industry
Industry Median: 0.76 vs LHSPY: 1.44

Land and Houses PCL Debt-to-Equity Historical Data

The historical data trend for Land and Houses PCL'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.

Land and Houses PCL Debt-to-Equity Chart

Land and Houses PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.95

1.26

1.32

1.21

1.38

Land and Houses PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.22	1.40	1.49	1.38	1.44

Competitive Comparison of Land and Houses PCL's Debt-to-Equity

For the Real Estate - Development subindustry, Land and Houses PCL'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.

Land and Houses PCL's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Land and Houses PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Land and Houses PCL's Debt-to-Equity falls into.

Land and Houses PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Land and Houses PCL'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
	=	(683.84	+	1344.59)	/	1472.586
	=	1.38

Land and Houses PCL's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(838.126	+	1272.02)	/	1468.317
	=	1.44

Land and Houses PCL (OTCPK:LHSPY) 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.

Land and Houses PCL Debt-to-Equity Related Terms

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

Land and Houses PCL (Land and Houses PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Land and Houses PCL (OTCPK:LHSPY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LH-F:Thailand LH:Thailand LHOG:Germany

Address

No. 1, South Sathon Road, 37-38 Floor, Q. House Lumpini Building, Kwaeng Tungmahamek, Khet Sathon, Bangkok, THA, 10120

Website

https://www.lh.co.th

Land and Houses PCL is a residential property development company in Thailand. The company focuses on developing single-detached houses. It also develops townhouses and condominiums. The company develops property in Bangkok and major provinces such as Chiang Mai, Chiang Rai, Khon Kaen, Nakhon Ratchasima, Udon Thani, Hua Hin, Phuket, Maha Sarakham, and Ayutthaya. Geographically, the business activities of the group are seen in Thailand and the USA, of which the Thailand region accounts for the majority of revenue.

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