Lords Group Trading (LSE:LORD) Debt-to-Equity : 2.01 (As of Dec. 2023)

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What is Lords Group Trading Debt-to-Equity?

Lords Group Trading's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £17.3 Mil. Lords Group Trading's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £82.2 Mil. Lords Group Trading's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £49.5 Mil. Lords Group Trading's debt to equity for the quarter that ended in Dec. 2023 was 2.01.

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 Lords Group Trading's Debt-to-Equity or its related term are showing as below:

LSE:LORD' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.05 Med: 2.11 Max: 8.01
Current: 2.01

During the past 6 years, the highest Debt-to-Equity Ratio of Lords Group Trading was 8.01. The lowest was 1.05. And the median was 2.11.

LSE:LORD's Debt-to-Equity is ranked worse than
97.01% of 134 companies
in the Industrial Distribution industry
Industry Median: 0.51 vs LSE:LORD: 2.01

Lords Group Trading Debt-to-Equity Historical Data

The historical data trend for Lords Group Trading'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.

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Lords Group Trading Debt-to-Equity Chart

Lords Group Trading Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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6.27

8.01

1.05

1.53

2.01

Lords Group Trading Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					1.05	1.47	1.53	1.74	2.01

Competitive Comparison of Lords Group Trading's Debt-to-Equity

For the Industrial Distribution subindustry, Lords Group Trading'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.

Lords Group Trading's Debt-to-Equity Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Lords Group Trading's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Lords Group Trading's Debt-to-Equity falls into.

Lords Group Trading Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lords Group Trading'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
	=	(17.322	+	82.192)	/	49.536
	=	2.01

Lords Group Trading'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
	=	(17.322	+	82.192)	/	49.536
	=	2.01

Lords Group Trading (LSE:LORD) 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.

Lords Group Trading Debt-to-Equity Related Terms

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

Lords Group Trading (LSE:LORD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Lords Group Trading PLC (LSE:LORD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

7S6:Germany

Address

12-15 Hanger Green, 2nd Floor, London, GBR, W5 3EL

Website

https://www.lordsgrouptradingplc.co.uk

Lords Group Trading PLC is a distributor of building, plumbing, heating, and DIY goods. The group principally sells to local tradesmen, small to medium-sized plumbing and heating merchants, construction companies and retails directly to the public. Its operating two divisions include Merchanting: supplies building materials and DIY goods through its network of merchant businesses and online platform capabilities; Heating and Plumbing: a distributor in the UK of heating and plumbing products to a UK network of independent merchants, installers and the general public. It focused on the growing Repairs, Maintenance, and Improvement (RMI) market, and construction market. Its main clients are local tradesmen, hardware stores, plumbing and heating merchants and construction companies.

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