Lb-shell (LSE:LBP) Debt-to-Equity: -2.46 (As of May. 2018)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Lb-shell Debt-to-Equity?

Lb-shell LSE:LBP -22.22% Debt-to-Equity is -2.46 as of May. 2018. The stock has 5 warning signs investors should review.

Lb-shell's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2018 was £0.00 Mil. Lb-shell's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2018 was £0.44 Mil. Lb-shell's Total Stockholders Equity for the quarter that ended in May. 2018 was £-0.18 Mil. Lb-shell's debt to equity for the quarter that ended in May. 2018 was -2.46.

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

During the past 5 years, the highest Debt-to-Equity Ratio of Lb-shell was 45.00. The lowest was -2.46. And the median was 1.14.

LSE:LBP's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Lb-shell  (LSE:LBP) 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.

Lb-shell Debt-to-Equity Related Terms

Lb-shell Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Lb-shell'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.

Lb-shell Debt-to-Equity Chart

Lb-shell Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15
Debt-to-Equity
2.36 0.00 0.42 0.00 0.00

Lb-shell Semi-Annual Data
Sep11 Sep12 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 May18
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.04 1.86 45.00 -2.46

LSE:LBP vs APGI: Debt-to-Equity Comparison

For the Electrical Equipment & Parts subindustry, Lb-shell'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.

Lb-shell Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lb-shell's Debt-to-Equity distribution charts can be found below:

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


Lb-shell Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lb-shell's Debt to Equity Ratio for the fiscal year that ended in Sep. 2015 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) / 87.7
=0.00

Lb-shell's Debt to Equity Ratio for the quarter that ended in May. 2018 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 + 0.435) / -0.177
=-2.46

* 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 -2.46 mean?
Lb-shell (LSE:LBP) has a Debt-to-Equity of -2.46 as of May. 2018. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Lb-shell and its competitors.
Is Lb-shell's Debt-to-Equity too high?
Lb-shell's current Debt-to-Equity is -2.46.
How does Lb-shell's Debt-to-Equity compare to APGI?
Lb-shell's Debt-to-Equity of -2.46 can be compared against companies in the Industrial Products industry. The industry median Debt-to-Equity is 0.29. 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.29, based on 2,691 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 Lb-shell and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lb-shell's current Debt-to-Equity is -2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lb-shell stock overvalued right now?
Lb-shell (LSE:LBP) has a current Debt-to-Equity of -2.46. The current Debt-to-Equity is -2.46. 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 Lb-shell (LSE:LBP), the current Debt-to-Equity is -2.46 as of May. 2018. 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.

Lb-shell Business Description

Address Holywell Park, Ashby Road, Charnwood Building, Loughborough, Leicestershire, GBR, LE11 3GB
Lb-shell PLC operates through its subsidiary and is engaged in the fuel cell engineering business. It develops proton-exchange membrane hydrogen fuel cells as a clean energy solution for the distributed energy, diesel replacement, automotive and aerial drone markets. Some of the company's products are Fuel cell power for UAVS, Automotive products, and others.