Lehto Group Oyj (LTS:0RFZ) Debt-to-Equity : -6.44 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Lehto Group Oyj Debt-to-Equity?

Lehto Group Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €26.2 Mil. Lehto Group Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €53.6 Mil. Lehto Group Oyj's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €-12.4 Mil. Lehto Group Oyj's debt to equity for the quarter that ended in Dec. 2023 was -6.44.

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 Lehto Group Oyj's Debt-to-Equity or its related term are showing as below:

LTS:0RFZ' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.44 Med: 0.72 Max: 1.69
Current: -6.44

During the past 11 years, the highest Debt-to-Equity Ratio of Lehto Group Oyj was 1.69. The lowest was -6.44. And the median was 0.72.

LTS:0RFZ's Debt-to-Equity is not ranked
in the Real Estate industry.
Industry Median: 0.76 vs LTS:0RFZ: -6.44

Lehto Group Oyj Debt-to-Equity Historical Data

The historical data trend for Lehto Group Oyj'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.

Lehto Group Oyj Debt-to-Equity Chart

Lehto Group Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.69

0.92

1.50

1.68

-6.44

Lehto Group Oyj Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.50	0.85	1.68	1.38	-6.44

Competitive Comparison of Lehto Group Oyj's Debt-to-Equity

For the Real Estate - Development subindustry, Lehto Group Oyj'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.

Lehto Group Oyj's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lehto Group Oyj's Debt-to-Equity distribution charts can be found below:

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

Lehto Group Oyj Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lehto Group Oyj'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
	=	(26.16	+	53.585)	/	-12.391
	=	-6.44

Lehto Group Oyj's Debt to Equity Ratio for the quarter 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
	=	(26.16	+	53.585)	/	-12.391
	=	-6.44

Lehto Group Oyj (LTS:0RFZ) 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.

Lehto Group Oyj Debt-to-Equity Related Terms

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

Lehto Group Oyj (LTS:0RFZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lehto Group Oyj (LTS:0RFZ) » Definitions » Debt-to-Equity

Traded in Other Exchanges

LEHTO:Finland L7G:Germany

Address

Voimatie 6 B, Kempele, FIN, 90440

Website

https://www.lehto.fi

Lehto Group Oyj is a Finnish construction and real estate group. The operating business segment of the company is Building Services. It is also engaged in Housing, Business Premises, and Social Care and Educational Premises. The firm offers services such as schools, health centers, property development, multi-story buildings, care homes, and plumbing renovations among others. Geographically, it operates in Finland.

Lehto Group Oyj (LTS:0RFZ) Headlines

No Headlines