CLS Holdings (LSE:CLI) Debt-to-Equity : 1.16 (As of Dec. 2023)

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What is CLS Holdings Debt-to-Equity?

CLS Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £193.9 Mil. CLS Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £880.2 Mil. CLS Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £929.2 Mil. CLS Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.16.

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 CLS Holdings's Debt-to-Equity or its related term are showing as below:

LSE:CLI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.74 Med: 0.88 Max: 1.16
Current: 1.16

During the past 13 years, the highest Debt-to-Equity Ratio of CLS Holdings was 1.16. The lowest was 0.74. And the median was 0.88.

LSE:CLI's Debt-to-Equity is ranked worse than
74.74% of 673 companies
in the REITs industry
Industry Median: 0.78 vs LSE:CLI: 1.16

CLS Holdings Debt-to-Equity Historical Data

The historical data trend for CLS Holdings'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.

CLS Holdings Debt-to-Equity Chart

CLS Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.74

0.76

0.78

0.91

1.16

CLS Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.78	0.78	0.91	1.01	1.16

Competitive Comparison of CLS Holdings's Debt-to-Equity

For the REIT - Office subindustry, CLS Holdings'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.

CLS Holdings's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CLS Holdings's Debt-to-Equity distribution charts can be found below:

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

CLS Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CLS Holdings'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
	=	(193.9	+	880.2)	/	929.2
	=	1.16

CLS Holdings'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
	=	(193.9	+	880.2)	/	929.2
	=	1.16

CLS Holdings (LSE:CLI) 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.

CLS Holdings Debt-to-Equity Related Terms

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

CLS Holdings (LSE:CLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CLS Holdings PLC (LSE:CLI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CLIl:UK 838:Germany

Address

16 Tinworth Street, London, GBR, SE11 5AL

Website

https://www.clsholdings.com

CLS Holdings PLC is a commercial property investment firm focused on office space. The company has two operating segments: Investment property and Other investments. The Investment property segment includes properties in the United Kingdom, Germany, and France, with over half of its assets in the United Kingdom. The Other investments comprise the hotel at Spring Mews and other small corporate investments. The company invests in noncentral locations that have efficient access to transportation and are located in large cities. CLS Holdings generates most of its revenue from rental income.

CLS Holdings (LSE:CLI) Headlines

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