LM Funding America (STU:1YJA) Debt-to-Equity : 0.02 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is LM Funding America Debt-to-Equity?

LM Funding America's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.62 Mil. LM Funding America's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.08 Mil. LM Funding America's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €33.18 Mil. LM Funding America's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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 LM Funding America's Debt-to-Equity or its related term are showing as below:

STU:1YJA' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.5 Med: 0.03 Max: 1.34
Current: 0.02

During the past 11 years, the highest Debt-to-Equity Ratio of LM Funding America was 1.34. The lowest was -6.50. And the median was 0.03.

STU:1YJA's Debt-to-Equity is ranked better than
96.3% of 433 companies
in the Credit Services industry
Industry Median: 1.18 vs STU:1YJA: 0.02

LM Funding America Debt-to-Equity Historical Data

The historical data trend for LM Funding America'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.

LM Funding America Debt-to-Equity Chart

LM Funding America Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.34

0.04

0.02

LM Funding America Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.02	0.01	0.01	0.01	0.02

Competitive Comparison of LM Funding America's Debt-to-Equity

For the Credit Services subindustry, LM Funding America'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.

LM Funding America's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, LM Funding America's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where LM Funding America's Debt-to-Equity falls into.

LM Funding America Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LM Funding America'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
	=	(0.622	+	0.079)	/	33.183
	=	0.02

LM Funding America'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
	=	(0.622	+	0.079)	/	33.183
	=	0.02

LM Funding America (STU:1YJA) 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.

LM Funding America Debt-to-Equity Related Terms

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

LM Funding America (STU:1YJA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LM Funding America Inc (STU:1YJA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LMFA:USA 1YJ:Germany

Address

1200 Platt Street, Suite 1000, Tampa, FL, USA, 33602

Website

http://www.lmfunding.com

LM Funding America Inc is a financial services company. The company provides funding to nonprofit community associations located in the state of Florida and to nonprofit community associations in the states of Washington and Colorado. Its products include Original Product and New Neighbor Guaranty. Its original product offering consists of providing funding to Associations by purchasing their rights under delinquent accounts that are selected by the Associations arising from unpaid Association assessments. It currently has two lines of business recently commenced cryptocurrency mining business and historical specialty finance business. The Company has two operating segments: Specialty Finance and Mining Operations.

LM Funding America (STU:1YJA) Headlines

No Headlines