Lucara Diamond (LTS:0QUI) Debt-to-Equity: 0.96 (As of Mar. 2026) — 256% Above Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

LTS:0QUI Lucara Diamond Corp LTS:0QUI
50 GF Score
Price kr2.19
GF Value kr3.56
! 6 Warning Signs
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What is Lucara Diamond Debt-to-Equity?

Lucara Diamond LTS:0QUI 50 Debt-to-Equity is 0.96 as of Mar. 2026, which is 256% above its 10-year median of 0.27. GuruFocus rates LTS:0QUI with a GF Score™ of 50/100 and a GF Value™ of kr3.56. The stock has 6 warning signs investors should review. Among 1,224 Metals & Mining companies, Lucara Diamond ranks worse than 86.36% on this metric.

Lucara Diamond's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr9 Mil. Lucara Diamond's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr3,596 Mil. Lucara Diamond's Total Stockholders Equity for the quarter that ended in Mar. 2026 was kr3,768 Mil. Lucara Diamond's debt to equity for the quarter that ended in Mar. 2026 was 0.96.

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

LTS:0QUI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.27   Max: 0.96
Current: 0.96

During the past 13 years, the highest Debt-to-Equity Ratio of Lucara Diamond was 0.96. The lowest was 0.01. And the median was 0.27.

LTS:0QUI's Debt-to-Equity is ranked worse than
86.36% of 1224 companies
in the Metals & Mining industry
Industry Median: 0.14 vs LTS:0QUI: 0.96

Lucara Diamond  (LTS:0QUI) 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.


Lucara Diamond Debt-to-Equity Related Terms


Lucara Diamond Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Lucara Diamond'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.

Lucara Diamond Debt-to-Equity Chart

Lucara Diamond Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.29 0.57 0.81 0.83

Lucara Diamond Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.85 0.79 0.81 0.83 0.96

LTS:0QUI vs HL: Debt-to-Equity Comparison

For the Other Precious Metals & Mining subindustry, Lucara Diamond'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.


Lucara Diamond Debt-to-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lucara Diamond's Debt-to-Equity distribution charts can be found below:

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


LTS:0QUI
50GF Score
Lucara Diamond Corp LTS:0QUI
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Lucara Diamond Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lucara Diamond's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Lucara Diamond's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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 0.96 mean?
Lucara Diamond (LTS:0QUI) has a Debt-to-Equity of 0.96 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Lucara Diamond and its competitors. This is 256% above median its historical median of 0.27. Over the past decade, Lucara Diamond's Debt-to-Equity has ranged from 0.01 to 0.96. According to the industry distribution chart, Lucara Diamond ranks #1057 out of 1224 companies in the Metals & Mining industry, placing it in the top 86.4%.
Is Lucara Diamond's Debt-to-Equity too high?
Lucara Diamond's current Debt-to-Equity of 0.96 is 256% above median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.96. The Metals & Mining industry median Debt-to-Equity is 0.14. Lucara Diamond's value of 0.96 is 585.7% above this industry median. Based on the distribution chart, Lucara Diamond ranks #1057 out of 1224 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Lucara Diamond has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Lucara Diamond's Debt-to-Equity compare to HL?
According to the Metals & Mining industry distribution chart, Lucara Diamond ranks #1057 out of 1224 companies for Debt-to-Equity. This places Lucara Diamond in the lower half of its industry. The industry median Debt-to-Equity is 0.14. Lucara Diamond's value of 0.96 is 585.7% above this benchmark. Historically, Lucara Diamond's own Debt-to-Equity has ranged from 0.01 to 0.96 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.14, Lucara Diamond 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 Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.14, based on 1,224 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. Lucara Diamond's current Debt-to-Equity of 0.96 is 585.7% 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 Lucara Diamond and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lucara Diamond's current Debt-to-Equity is 0.96, which is 256% above median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lucara Diamond stock overvalued right now?
Lucara Diamond (LTS:0QUI) has a current Debt-to-Equity of 0.96. The stock's GF Value™ is kr3.56, compared to a current price of kr2.19 — trading 38.5% below its estimated fair value. The current Debt-to-Equity is 0.96, which is 256% above median its 10-year median of 0.27 and 585.7% above the Metals & Mining industry median of 0.14. Lucara Diamond's overall GF Score™ is 50/100 with 6 warning signs to review. 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 Lucara Diamond (LTS:0QUI), the current Debt-to-Equity is 0.96 as of Mar. 2026. 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.

Is Lucara Diamond (LTS:0QUI) Overvalued in 2026?

Based on GuruFocus' analysis, Lucara Diamond stock appears to be undervalued. The current stock price of kr2.19 is trading 38.5% below its estimated GF Value™ of kr3.56.

Key valuation signals for LTS:0QUI:

  • Debt-to-Equity: 0.96 (256% above median its 10-year median of 0.27)
  • GF Value™: kr3.56 vs. price of kr2.19 (38.5% below fair value)
  • GF Score™: 50/100 with 6 warning signs
  • Industry Position: 585.7% above the Metals & Mining median (#1057 of 1224)

No single metric tells the full story. See the LTS:0QUI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lucara Diamond Business Description

Address 1055 Dunsmuir Street, P.O Box 49225, 2800, Four Bentall Centre, Vancouver, BC, CAN, V7X 1L2
Lucara Diamond Corp is a diamond mining company focused on the development and operation of its Karowe Mine located in Botswana. The company has one operating segment: Karowe Mine, from which it derives revenue.
50GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr2.19
Price
kr3.56
GF Value