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What is Light Science Technologies Holdings Debt-to-Equity?
Light Science Technologies HoldingsLSE:LST -5.56% Debt-to-Equity is 1.46 as of Nov. 2025, which is 12% above its 10-year median of 1.30. The stock has 2 warning signs investors should review. Among 2,218 Hardware companies, Light Science Technologies Holdings ranks worse than 91.52% on this metric.
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.
LSE:LST'
s Debt-to-Equity Range Over the Past 10 Years
Min: -3.08 Med: 1.3 Max: 37.51
Current: 1.46
During the past 8 years, the highest Debt-to-Equity Ratio of Light Science Technologies Holdings was 37.51. The lowest was -3.08. And the median was 1.30.
LSE:LST's Debt-to-Equity is ranked worse than 91.52% of 2218
companies
in the Hardware industry
Industry Median: 0.28
vs LSE:LST: 1.46
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.
Light Science Technologies Holdings Debt-to-Equity Related Terms
Light Science Technologies Holdings Debt-to-Equity Historical Data
* 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.
LSE:LST vs APH, GLW, TEL: Debt-to-Equity Comparison
For the Electronic Components subindustry, Light Science Technologies Holdings'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.
Light Science Technologies Holdings Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Light Science Technologies Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Light Science Technologies Holdings's Debt-to-Equity falls into.
* 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.
Light Science Technologies Holdings (LSE:LST) has a Debt-to-Equity of 1.46 as of Nov. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Light Science Technologies Holdings and its competitors. This is 12% above median its historical median of 1.30. According to the industry distribution chart, Light Science Technologies Holdings ranks #2030 out of 2218 companies in the Hardware industry, placing it in the top 91.5%.
Is Light Science Technologies Holdings' Debt-to-Equity too high?
Light Science Technologies Holdings' current Debt-to-Equity of 1.46 is 12% above median its 10-year median of 1.30. The Hardware industry median Debt-to-Equity is 0.28. Light Science Technologies Holdings' value of 1.46 is 421.4% above this industry median. Based on the distribution chart, Light Science Technologies Holdings ranks #2030 out of 2218 companies in the Hardware industry, which is in the bottom quartile relative to peers.
How does Light Science Technologies Holdings' Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Light Science Technologies Holdings ranks #2030 out of 2218 companies for Debt-to-Equity. This places Light Science Technologies Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Light Science Technologies Holdings' value of 1.46 is 421.4% above this benchmark. While the company's 10-year median is 1.30 vs. the industry median of 0.28, Light Science Technologies Holdings has consistently been above the industry average. 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,218 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. Light Science Technologies Holdings's current Debt-to-Equity of 1.46 is 421.4% above the industry median. 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 Light Science Technologies Holdings and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Light Science Technologies Holdings's current Debt-to-Equity is 1.46, which is 12% above median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Light Science Technologies Holdings stock overvalued right now?
Based on GuruFocus' analysis, Light Science Technologies Holdings (LSE:LST) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.02, compared to a current price of £0.02 — trading 15% below its estimated fair value. The current Debt-to-Equity is 1.46, which is 12% above median its 10-year median of 1.30 and 421.4% above the Hardware industry median of 0.28. 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 Light Science Technologies Holdings (LSE:LST), the current Debt-to-Equity is 1.46 as of Nov. 2025. 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.
Light Science Technologies Holdings PLC focuses on the development and manufacturing of Contract electronic boards and lighting and technology products for the Controlled Environment Agriculture (CEA) sector. The company operates in Contract Electronics Manufacturing, Agtech, and Passive fire protection. The company generates maximum revenue from the Contract electronics manufacturing segment. Geographically, the company operates in United Kingdom, Europe and Rest of the World, of which it derives maximum revenue from United Kingdom.
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