LEG Immobilien SE (XTER:LEG) Debt-to-Equity : 1.26 (As of Dec. 2023)

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What is LEG Immobilien SE Debt-to-Equity?

LEG Immobilien SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €446 Mil. LEG Immobilien SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €8,930 Mil. LEG Immobilien SE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €7,463 Mil. LEG Immobilien SE's debt to equity for the quarter that ended in Dec. 2023 was 1.26.

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 LEG Immobilien SE's Debt-to-Equity or its related term are showing as below:

XTER:LEG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 1.05 Max: 1.26
Current: 1.26

During the past 13 years, the highest Debt-to-Equity Ratio of LEG Immobilien SE was 1.26. The lowest was 0.10. And the median was 1.05.

XTER:LEG's Debt-to-Equity is ranked worse than
67.91% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs XTER:LEG: 1.26

LEG Immobilien SE Debt-to-Equity Historical Data

The historical data trend for LEG Immobilien SE'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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LEG Immobilien SE Debt-to-Equity Chart

LEG Immobilien SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.86

1.00

1.04

1.26

LEG Immobilien SE 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															1.04	-	-	-	1.26

Competitive Comparison of LEG Immobilien SE's Debt-to-Equity

For the Real Estate Services subindustry, LEG Immobilien SE'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.

LEG Immobilien SE's Debt-to-Equity Distribution in the Real Estate Industry

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

* The bar in red indicates where LEG Immobilien SE's Debt-to-Equity falls into.

LEG Immobilien SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LEG Immobilien SE'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
	=	(445.7	+	8930.1)	/	7463.2
	=	1.26

LEG Immobilien SE'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
	=	(445.7	+	8930.1)	/	7463.2
	=	1.26

LEG Immobilien SE (XTER:LEG) 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.

LEG Immobilien SE Debt-to-Equity Related Terms

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LEG Immobilien SE (XTER:LEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » LEG Immobilien SE (XTER:LEG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LEGIF:USA 1LEG:Italy LEGd:UK LEG:Austria

Address

Flughafenstrasse 99, Dusseldorf, NW, DEU, D-40474

Website

http://www.leg.ag

LEG Immobilien SE is a general real estate company. The company's portfolio consists primarily of residential units, followed by garages, parking spaces, and commercial units. The business model is supplemented by the targeted development of innovative value-added services. LEG is primarily focused on the German market of the North Rhine-Westphalia region. The company divides its portfolio into three groups: high growth markets, stable markets, and higher-yielding markets. LEG considers merger and acquisition investment as a potential component of its operational growth strategy.

Executives

Dr. Volker Wiegel	Board of Directors
Dr. Kathrin Köhling	Board of Directors
Michael Zimmer	Supervisory Board
Lars Von Lackum	Board of Directors
Susanne Schröter-crossan	Board of Directors
Martin Wiesmann	Supervisory Board