Loqus Holdings (MAL:LQS) Debt-to-Equity : 0.23 (As of Dec. 2023)

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What is Loqus Holdings Debt-to-Equity?

Loqus Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.27 Mil. Loqus Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.09 Mil. Loqus Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €6.02 Mil. Loqus Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.23.

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

MAL:LQS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.52 Max: 1.19
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Loqus Holdings was 1.19. The lowest was 0.22. And the median was 0.52.

MAL:LQS's Debt-to-Equity is ranked better than
61.85% of 920 companies
in the Business Services industry
Industry Median: 0.37 vs MAL:LQS: 0.23

Loqus Holdings Debt-to-Equity Historical Data

The historical data trend for Loqus Holdings'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.

Loqus Holdings Debt-to-Equity Chart

Loqus Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.46

0.62

0.38

0.28

0.25

Loqus Holdings Semi-Annual Data
	Jun14	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															0.34	0.28	0.22	0.25	0.23

Competitive Comparison of Loqus Holdings's Debt-to-Equity

For the Specialty Business Services subindustry, Loqus 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.

Loqus Holdings's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Loqus Holdings's Debt-to-Equity distribution charts can be found below:

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

Loqus Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Loqus Holdings's Debt to Equity Ratio for the fiscal year 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
	=	(1.546	+	0.094)	/	6.639
	=	0.25

Loqus Holdings'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
	=	(1.274	+	0.087)	/	6.022
	=	0.23

Loqus Holdings (MAL:LQS) 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.

Loqus Holdings Debt-to-Equity Related Terms

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

Loqus Holdings (MAL:LQS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Loqus Holdings PLC (MAL:LQS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

SUB008A, Industrial Estate, San Gwann, MLT, 3000

Website

https://www.loqusgroup.com

Loqus Holdings PLC is a Malta-based company engaged in the provision of fleet management, back-office processing and information and communication solutions. The group operates in Malta, Europe, the Middle East and South Africa, and Australia. The operating segments of the company are Fleet management; Original equipment manufacturers; Back office processing and Projects. The fleet management segment generates the majority of revenue and is engaged in Vehicle and Marine Tracking Systems and Move Logistics Solutions including tailor-made solutions as well as off-the-shelf packages.

Loqus Holdings (MAL:LQS) Headlines

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