Lms Compliance (SGX:LMS) Debt-to-Equity : 0.10 (As of Jun. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Lms Compliance Debt-to-Equity?

Lms Compliance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was S$0.10 Mil. Lms Compliance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was S$0.74 Mil. Lms Compliance's Total Stockholders Equity for the quarter that ended in Jun. 2023 was S$8.37 Mil. Lms Compliance's debt to equity for the quarter that ended in Jun. 2023 was 0.10.

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 Lms Compliance's Debt-to-Equity or its related term are showing as below:

SGX:LMS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.27 Max: 0.42
Current: 0.1

During the past 4 years, the highest Debt-to-Equity Ratio of Lms Compliance was 0.42. The lowest was 0.10. And the median was 0.27.

SGX:LMS's Debt-to-Equity is ranked better than
78.84% of 917 companies
in the Business Services industry
Industry Median: 0.38 vs SGX:LMS: 0.10

Lms Compliance Debt-to-Equity Historical Data

The historical data trend for Lms Compliance'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.

Lms Compliance Debt-to-Equity Chart

Lms Compliance Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

0.42

0.29

0.12

Lms Compliance Quarterly Data
	Dec19	Dec20	Mar21	Dec21	Mar22	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial			0.29	0.26	N/A	0.12	0.10

Competitive Comparison of Lms Compliance's Debt-to-Equity

For the Specialty Business Services subindustry, Lms Compliance'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.

Lms Compliance's Debt-to-Equity Distribution in the Business Services Industry

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

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

Lms Compliance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lms Compliance's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(0.101	+	0.82)	/	8.019
	=	0.11

Lms Compliance's Debt to Equity Ratio for the quarter 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
	=	(0.097	+	0.736)	/	8.374
	=	0.10

Lms Compliance (SGX:LMS) 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.

Lms Compliance Debt-to-Equity Related Terms

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

Lms Compliance (SGX:LMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Lms Compliance Ltd (SGX:LMS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

16, Lengkok Kikik 1, Taman Inderawasih, Perai, PNG, MYS, 13600

Website

https://lmscompliance.com

Lms Compliance Ltd offers quality testing and certification services for customers across a gamut of industries, ranging from food and healthcare to industrial and Greentech. In general, the company's business segments are organized into the following divisions namely provision of testing and assessment services; provision of certification services; trading business segment; and distribution of conformity assessment technology.

Lms Compliance (SGX:LMS) Headlines

No Headlines