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Linkage Global (Linkage Global) Debt-to-Equity : 0.90 (As of Sep. 2023)


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What is Linkage Global Debt-to-Equity?

Linkage Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.72 Mil. Linkage Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2.44 Mil. Linkage Global's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $3.50 Mil. Linkage Global's debt to equity for the quarter that ended in Sep. 2023 was 0.90.

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 Linkage Global's Debt-to-Equity or its related term are showing as below:

LGCB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.9   Med: 1.22   Max: 2.45
Current: 0.9

During the past 3 years, the highest Debt-to-Equity Ratio of Linkage Global was 2.45. The lowest was 0.90. And the median was 1.22.

LGCB's Debt-to-Equity is ranked worse than
62.87% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs LGCB: 0.90

Linkage Global Debt-to-Equity Historical Data

The historical data trend for Linkage Global'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.

Linkage Global Debt-to-Equity Chart

Linkage Global Annual Data
Trend Sep21 Sep22 Sep23
Debt-to-Equity
2.45 1.22 0.90

Linkage Global Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23
Debt-to-Equity 2.45 N/A 1.22 0.75 0.90

Competitive Comparison of Linkage Global's Debt-to-Equity

For the Internet Retail subindustry, Linkage Global'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.

Linkage Global's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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


Linkage Global Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Linkage Global's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
=(0.722 + 2.436) / 3.497
=0.90

Linkage Global's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(0.722 + 2.436) / 3.497
=0.90

* 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.

Linkage Global  (NAS:LGCB) 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.

Linkage Global Debt-to-Equity Related Terms

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

Linkage Global (Linkage Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Linkage Global Inc (NAS:LGCB) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
2-23-3 Minami-Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0022
Website
https://www.linkagecc.com
Linkage Global Inc is a cross-border e-commerce integrated service provider. It provides global e-commerce merchants, overseas brands, import and export trading enterprises, etc. with a globally selected supply chain, digital marketing, e-commerce training, global store, ERP and e-commerce software, social e-commerce and other e-commerce integrated services. It is Committed to building a one-stop cross-border integrated service platform to make cross-border trade easier.

Linkage Global (Linkage Global) Headlines

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