Lead Real Estate Co (Lead Real Estate Co) Debt-to-Equity : 3.31 (As of Dec. 2023)

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What is Lead Real Estate Co Debt-to-Equity?

Lead Real Estate Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $48.6 Mil. Lead Real Estate Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $37.5 Mil. Lead Real Estate Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $26.0 Mil. Lead Real Estate Co's debt to equity for the quarter that ended in Dec. 2023 was 3.31.

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 Lead Real Estate Co's Debt-to-Equity or its related term are showing as below:

LRE' s Debt-to-Equity Range Over the Past 10 Years
Min: 3.31 Med: 3.99 Max: 4.94
Current: 3.31

During the past 4 years, the highest Debt-to-Equity Ratio of Lead Real Estate Co was 4.94. The lowest was 3.31. And the median was 3.99.

LRE's Debt-to-Equity is ranked worse than
92.37% of 1585 companies
in the Real Estate industry
Industry Median: 0.76 vs LRE: 3.31

Lead Real Estate Co Debt-to-Equity Historical Data

The historical data trend for Lead Real Estate 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.

Lead Real Estate Co Debt-to-Equity Chart

Lead Real Estate Co Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

4.94

3.61

3.99

4.22

Lead Real Estate Co Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			3.87	3.99	4.51	4.22	3.31

Competitive Comparison of Lead Real Estate Co's Debt-to-Equity

For the Real Estate - Development subindustry, Lead Real Estate 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.

Lead Real Estate Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lead Real Estate Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Lead Real Estate Co's Debt-to-Equity falls into.

Lead Real Estate Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lead Real Estate Co'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
	=	(42.36	+	39.794)	/	19.452
	=	4.22

Lead Real Estate Co'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
	=	(48.632	+	37.481)	/	25.994
	=	3.31

Lead Real Estate Co (NAS:LRE) 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.

Lead Real Estate Co Debt-to-Equity Related Terms

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

Lead Real Estate Co (Lead Real Estate Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lead Real Estate Co Ltd (NAS:LRE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nampeidai-cho, Shibuya-ku, 6th Floor, MFPR Shibuya Nanpeidai Building 16-11, Tokyo, JPN, 150-0036

Website

https://www.lead-real.co.jp

Lead Real Estate Co Ltd operates as a developer of luxury residential properties, including single-family homes and condominiums, across Tokyo and Kanagawa prefecture. It operates hotels in Tokyo and leases apartment building units to individual customers in Japan and Dallas, Texas. It generates revenue from developing and selling single-family homes and condominiums. The company's primary and sole operating segment is real estate sales.

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