LED iBond International AS (OCSE:LEDIBOND) Debt-to-Equity : 13.91 (As of Sep. 2024)

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What is LED iBond International AS Debt-to-Equity?

LED iBond International AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr0.00 Mil. LED iBond International AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr13.62 Mil. LED iBond International AS's Total Stockholders Equity for the quarter that ended in Sep. 2024 was kr0.98 Mil. LED iBond International AS's debt to equity for the quarter that ended in Sep. 2024 was 13.91.

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 LED iBond International AS's Debt-to-Equity or its related term are showing as below:

OCSE:LEDIBOND' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.28 Max: 13.91
Current: 13.91

During the past 6 years, the highest Debt-to-Equity Ratio of LED iBond International AS was 13.91. The lowest was 0.09. And the median was 0.28.

OCSE:LEDIBOND's Debt-to-Equity is ranked worse than
99.62% of 2617 companies
in the Industrial Products industry
Industry Median: 0.28 vs OCSE:LEDIBOND: 13.91

LED iBond International AS Debt-to-Equity Historical Data

The historical data trend for LED iBond International AS'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.

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LED iBond International AS Debt-to-Equity Chart

LED iBond International AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.52

0.28

0.09

0.18

0.59

LED iBond International AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.44	0.59	0.83	1.72	13.91

Competitive Comparison of LED iBond International AS's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, LED iBond International AS'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.

LED iBond International AS's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LED iBond International AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where LED iBond International AS's Debt-to-Equity falls into.

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LED iBond International AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LED iBond International AS'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
	=	(0	+	7.827)	/	13.35
	=	0.59

LED iBond International AS's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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	+	13.616)	/	0.979
	=	13.91

LED iBond International AS (OCSE:LEDIBOND) 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.

LED iBond International AS Debt-to-Equity Related Terms

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

LED iBond International AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LED iBond International AS (OCSE:LEDIBOND) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Agern Alle 5A, Horsholm, DNK, 2970

Website

https://www.ledibond.com

LED iBond International AS is a Danish technology company that offers solutions for integrating light and data, based on its deep knowledge of modern LED technology and many years of development. The patented technology includes the lightest and thinnest LED, offering a value proposition combining total design flexibility, full IoT integration, and low total costs of ownership. Its technology has been deployed in many projects, ranging from intelligent shelf lighting to large-scale indoor illumination projects such as the installation of 3.2 kilometers of Tracy, light management, and others.

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