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Luka Rijeka d.d (ZAG:LKRI) Debt-to-Equity : 0.21 (As of Mar. 2024)


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What is Luka Rijeka d.d Debt-to-Equity?

Luka Rijeka d.d's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €2.43 Mil. Luka Rijeka d.d's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €13.33 Mil. Luka Rijeka d.d's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €75.07 Mil. Luka Rijeka d.d's debt to equity for the quarter that ended in Mar. 2024 was 0.21.

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 Luka Rijeka d.d's Debt-to-Equity or its related term are showing as below:

ZAG:LKRI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.19   Max: 1.23
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of Luka Rijeka d.d was 1.23. The lowest was 0.05. And the median was 0.19.

ZAG:LKRI's Debt-to-Equity is ranked better than
76.76% of 882 companies
in the Transportation industry
Industry Median: 0.565 vs ZAG:LKRI: 0.21

Luka Rijeka d.d Debt-to-Equity Historical Data

The historical data trend for Luka Rijeka d.d'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.

Luka Rijeka d.d Debt-to-Equity Chart

Luka Rijeka d.d Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.16 1.09 0.91 0.53

Luka Rijeka d.d Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.26 0.25 0.53 0.21

Competitive Comparison of Luka Rijeka d.d's Debt-to-Equity

For the Marine Shipping subindustry, Luka Rijeka d.d'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.


Luka Rijeka d.d's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Luka Rijeka d.d's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Luka Rijeka d.d's Debt-to-Equity falls into.



Luka Rijeka d.d Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Luka Rijeka d.d's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Luka Rijeka d.d's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Luka Rijeka d.d  (ZAG:LKRI) 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.


Luka Rijeka d.d Debt-to-Equity Related Terms

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Luka Rijeka d.d (ZAG:LKRI) Business Description

Traded in Other Exchanges
N/A
Address
Riva 1, 51 000 Rijeka, Republic of Croatia, HRV
Luka Rijeka d.d is a concessionaire for dry cargo transhipment in the port of Rijeka, and a trading company whose main activity is port services. It offers services in maritime traffic, port services, as well as the storage of cargo at specialized terminals.

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