L & K Engineering Co (TPE:6139) Debt-to-Equity : 0.21 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is L & K Engineering Co Debt-to-Equity?

L & K Engineering Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,845 Mil. L & K Engineering Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$817 Mil. L & K Engineering Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$13,000 Mil. L & K Engineering Co's debt to equity for the quarter that ended in Mar. 2024 was 0.20.

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 L & K Engineering Co's Debt-to-Equity or its related term are showing as below:

TPE:6139' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.67 Max: 0.82
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of L & K Engineering Co was 0.82. The lowest was 0.21. And the median was 0.67.

TPE:6139's Debt-to-Equity is ranked better than
68.01% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs TPE:6139: 0.21

L & K Engineering Co Debt-to-Equity Historical Data

The historical data trend for L & K Engineering Co'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.

L & K Engineering Co Debt-to-Equity Chart

L & K Engineering Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

0.66

0.71

0.66

0.61

L & K Engineering Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.61	0.57	0.67	0.48	0.21

Competitive Comparison of L & K Engineering Co's Debt-to-Equity

For the Engineering & Construction subindustry, L & K Engineering Co'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.

L & K Engineering Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, L & K Engineering Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where L & K Engineering Co's Debt-to-Equity falls into.

L & K Engineering Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

L & K Engineering Co'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
	=	(3925.943	+	1390.439)	/	8695.729
	=	0.61

L & K Engineering Co's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(1844.868	+	817.128)	/	12999.536
	=	0.20

L & K Engineering Co (TPE:6139) 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.

L & K Engineering Co Debt-to-Equity Related Terms

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

L & K Engineering Co (TPE:6139) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » L & K Engineering Co Ltd (TPE:6139) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5F., No.17, Lane 120, Neihu Rd, Sec. 1, Neihu District, Taipei City, TWN, 11493

Website

https://www.lkeng.com.tw

L & K Engineering Co Ltd is a Taiwan-based professional engineering company that provides fully integrated turnkey engineering services for cleanroom construction projects, process utility systems, electrical and mechanical engineering, and other associated engineering projects. The company is also engaged in the construction of hospital sterile rooms, biochemical pharmaceutical sterile rooms, electronic industry clean rooms, and related mechanical and electrical pipelines.

L & K Engineering Co (TPE:6139) Headlines

No Headlines