LondonMetric Property (LSE:LMP) Debt-to-Equity : 0.44 (As of Sep. 2023)

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What is LondonMetric Property Debt-to-Equity?

LondonMetric Property's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £40.0 Mil. LondonMetric Property's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £933.3 Mil. LondonMetric Property's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £2,194.5 Mil. LondonMetric Property's debt to equity for the quarter that ended in Sep. 2023 was 0.44.

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 LondonMetric Property's Debt-to-Equity or its related term are showing as below:

LSE:LMP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 0.54 Max: 0.68
Current: 0.44

During the past 13 years, the highest Debt-to-Equity Ratio of LondonMetric Property was 0.68. The lowest was 0.40. And the median was 0.54.

LSE:LMP's Debt-to-Equity is ranked better than
79.02% of 672 companies
in the REITs industry
Industry Median: 0.78 vs LSE:LMP: 0.44

LondonMetric Property Debt-to-Equity Historical Data

The historical data trend for LondonMetric Property'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.

LondonMetric Property Debt-to-Equity Chart

LondonMetric Property Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.46

0.65

0.49

0.40

0.52

LondonMetric Property Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.54	0.40	0.52	0.52	0.44

Competitive Comparison of LondonMetric Property's Debt-to-Equity

For the REIT - Diversified subindustry, LondonMetric Property'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.

LondonMetric Property's Debt-to-Equity Distribution in the REITs Industry

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

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

LondonMetric Property Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LondonMetric Property's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(65	+	951.9)	/	1967.3
	=	0.52

LondonMetric Property's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(40	+	933.3)	/	2194.5
	=	0.44

LondonMetric Property (LSE:LMP) 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.

LondonMetric Property Debt-to-Equity Related Terms

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

LondonMetric Property (LSE:LMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » LondonMetric Property PLC (LSE:LMP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LNSPF:USA LMPl:UK

Address

One Curzon Street, London, GBR, W1J 5HB

Website

https://www.londonmetric.com

LondonMetric Property PLC is a real estate company that is engaged in property investment and development across the United Kingdom. The company focuses on properties in the retail and distribution businesses. The company categorizes its property portfolios in six segments: Distribution, retail parks, Long income, Office, Residential, and Development. The company generates its revenue mainly from contracted leases.

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