Lenta IPJSC (MIC:LENT) Debt-to-Equity : 1.11 (As of Jun. 2023)

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What is Lenta IPJSC Debt-to-Equity?

Lenta IPJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₽26,856 Mil. Lenta IPJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₽112,929 Mil. Lenta IPJSC's Total Stockholders Equity for the quarter that ended in Jun. 2023 was ₽126,478 Mil. Lenta IPJSC's debt to equity for the quarter that ended in Jun. 2023 was 1.11.

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 Lenta IPJSC's Debt-to-Equity or its related term are showing as below:

MIC:LENT' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.11 Med: 1.54 Max: 9.37
Current: 1.11

During the past 12 years, the highest Debt-to-Equity Ratio of Lenta IPJSC was 9.37. The lowest was 1.11. And the median was 1.54.

MIC:LENT's Debt-to-Equity is ranked worse than
71.4% of 1000 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs MIC:LENT: 1.11

Lenta IPJSC Debt-to-Equity Historical Data

The historical data trend for Lenta IPJSC'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.

Lenta IPJSC Debt-to-Equity Chart

Lenta IPJSC Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

Get a 7-Day Free Trial

1.49

1.54

2.34

1.20

1.39

Lenta IPJSC Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															1.20	1.24	1.39	N/A	1.11

Competitive Comparison of Lenta IPJSC's Debt-to-Equity

For the Department Stores subindustry, Lenta IPJSC'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.

Lenta IPJSC's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lenta IPJSC's Debt-to-Equity distribution charts can be found below:

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

Lenta IPJSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lenta IPJSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(27900.404	+	121062.176)	/	106960.923
	=	1.39

Lenta IPJSC's Debt to Equity Ratio for the quarter 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
	=	(26856.171	+	112929.127)	/	126478.453
	=	1.11

Lenta IPJSC (MIC:LENT) 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.

Lenta IPJSC Debt-to-Equity Related Terms

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

Lenta IPJSC (MIC:LENT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lenta IPJSC (MIC:LENT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

112B & 119 Savushkina Street, Saint Petersburg, RUS, 197374

Website

https://corp.lenta.com

Lenta IPJSC, formerly Lenta PLC operates a chain of retail stores in Russia. The company operates more than 200 hypermarkets in Russia. It also has more than 100 supermarkets in Moscow and St. Petersburg. Through its hypermarkets and supermarkets, it sells products varying from household goods, daily need products, food, and drinks. Revenues are generated by the sale of these products directly to the consumer.

Lenta IPJSC (MIC:LENT) Headlines

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