Leader Environmental Technologies (SGX:LS9) Debt-to-Equity : 1.52 (As of Dec. 2023)

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What is Leader Environmental Technologies Debt-to-Equity?

Leader Environmental Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$1.49 Mil. Leader Environmental Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$20.73 Mil. Leader Environmental Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$14.60 Mil. Leader Environmental Technologies's debt to equity for the quarter that ended in Dec. 2023 was 1.52.

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 Leader Environmental Technologies's Debt-to-Equity or its related term are showing as below:

SGX:LS9' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.96 Max: 1.6
Current: 1.52

During the past 13 years, the highest Debt-to-Equity Ratio of Leader Environmental Technologies was 1.60. The lowest was 0.21. And the median was 0.96.

SGX:LS9's Debt-to-Equity is ranked worse than
93.5% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs SGX:LS9: 1.52

Leader Environmental Technologies Debt-to-Equity Historical Data

The historical data trend for Leader Environmental Technologies'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.

Leader Environmental Technologies Debt-to-Equity Chart

Leader Environmental Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.25

0.91

0.21

0.28

1.52

Leader Environmental Technologies 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															0.21	0.24	0.28	0.82	1.52

Competitive Comparison of Leader Environmental Technologies's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, Leader Environmental Technologies'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.

Leader Environmental Technologies's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Leader Environmental Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Leader Environmental Technologies's Debt-to-Equity falls into.

Leader Environmental Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Leader Environmental Technologies'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
	=	(1.492	+	20.728)	/	14.595
	=	1.52

Leader Environmental Technologies'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
	=	(1.492	+	20.728)	/	14.595
	=	1.52

Leader Environmental Technologies (SGX:LS9) 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.

Leader Environmental Technologies Debt-to-Equity Related Terms

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Leader Environmental Technologies (SGX:LS9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Leader Environmental Technologies Ltd (SGX:LS9) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Guang Yuan Dong Road Bo Hui Street, No. 6 Block E Unit 608, Tian He District, Guangzhou, CHN

Website

https://www.leaderet.com

Leader Environmental Technologies Ltd is engaged in the research and development, design, manufacturing, assembly, installation and support services of environmental protection systems, primarily for industrial waste gas and wastewater treatments. The company operates in the segments of, (i) provision of engineering solution services in respect of sludge and water treatment, (ii) AIWater (ie. artificial intelligence technology in water treatment) and sludge treatment services, (iii) manufacturing of high-performance membrane products, and (iv) others.

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