Lhyfe (LHYFF) Debt-to-Equity : 0.21 (As of Jun. 2023)

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What is Lhyfe Debt-to-Equity?

Lhyfe's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $3.51 Mil. Lhyfe's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $23.56 Mil. Lhyfe's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $128.54 Mil. Lhyfe's debt to equity for the quarter that ended in Jun. 2023 was 0.21.

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

LHYFF' s Debt-to-Equity Range Over the Past 10 Years
Min: -9.44 Med: 0.17 Max: 1.96
Current: 0.21

During the past 4 years, the highest Debt-to-Equity Ratio of Lhyfe was 1.96. The lowest was -9.44. And the median was 0.17.

LHYFF's Debt-to-Equity is ranked better than
64.51% of 1389 companies
in the Chemicals industry
Industry Median: 0.36 vs LHYFF: 0.21

Lhyfe Debt-to-Equity Historical Data

The historical data trend for Lhyfe'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.

Lhyfe Debt-to-Equity Chart

Lhyfe Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

0.96

1.96

-9.44

0.17

Lhyfe Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	-9.44	0.16	0.17	0.21

Competitive Comparison of Lhyfe's Debt-to-Equity

For the Specialty Chemicals subindustry, Lhyfe'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.

Lhyfe's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lhyfe's Debt-to-Equity distribution charts can be found below:

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

Lhyfe Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lhyfe's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(3.164	+	20.516)	/	141.508
	=	0.17

Lhyfe's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(3.511	+	23.562)	/	128.544
	=	0.21

Lhyfe (OTCPK:LHYFF) 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.

Lhyfe Debt-to-Equity Related Terms

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

Lhyfe (LHYFF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lhyfe SA (OTCPK:LHYFF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LHYFE:France F1B:Germany

Address

30 Rue Jean Jaures, Nantes, FRA, 44000

Website

https://www.lhyfe.com

Lhyfe SA is engaged in the production of green hydrogen for mobility and industry. The company designs, builds and exploits its green hydrogen production sites, which have the particularity of being directly connected to the various available renewable energy sources. The Group addresses two priority markets, which are among the emitters of greenhouse gases: the heavy mobility sector (trucks, buses, trains and in the long term, maritime and air transport) as well as (ii) the industry sector, among which chemistry (production of ammonia, methanol, etc.), steel production and glass production are priority targets.

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