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Laser Photonics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.43 Mil. Laser Photonics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.16 Mil. Laser Photonics's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $13.48 Mil. Laser Photonics's debt to equity for the quarter that ended in Dec. 2023 was 0.04.
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 Laser Photonics's Debt-to-Equity or its related term are showing as below:
During the past 5 years, the highest Debt-to-Equity Ratio of Laser Photonics was 0.25. The lowest was 0.04. And the median was 0.12.
The historical data trend for Laser Photonics'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.
Laser Photonics Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Debt-to-Equity | - | 0.25 | 0.19 | 0.05 | 0.04 |
Laser Photonics Quarterly Data | |||||||||||||||||||
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 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 |
For the Specialty Industrial Machinery subindustry, Laser Photonics'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.
For the Industrial Products industry and Industrials sector, Laser Photonics's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Laser Photonics's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Laser Photonics'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 | |
= | (0.434 | + | 0.163) | / | 13.481 | |
= | 0.04 |
Laser Photonics'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 | |
= | (0.434 | + | 0.163) | / | 13.481 | |
= | 0.04 |
* 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.
Laser Photonics (NAS:LASE) 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.
Thank you for viewing the detailed overview of Laser Photonics's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Dmitriy Nikitin | 10 percent owner | 400 RINEHART ROAD #1000, LAKE MARY FL 32746 |
Tatiana Nikitina | director, officer: Secretary, Marketing Director | 3217 YATTIKA PLACE, LONGWOOD FL 32779 |
Arnold Bykov | director, officer: Chief Design Engineer | 400 RINEHART ROAD #1000, LAKE MARY FL 32746 |
Wayne Tupuola | director, officer: Chief Executive Officer | C/O MABWE MINERALS INC, 400 RINEHART ROAD, #1000, LAKE MARY FL 32746 |
Ict Investments Llc | 10 percent owner | 3217 YUTTKA PLACE, LONGWOOD FL 32779 |
Tim Schick | officer: VP Finance | 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810 |
Ryan Tennyson | director | 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810 |
Glenn Peterson | director | 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810 |
Igor Vodopiyanov | officer: VP R&D and Product Development | 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810 |
Shara Pathak | director | 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810 |
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