LBG Media (LSE:LBG) Debt-to-Equity : 0.08 (As of Dec. 2023)

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What is LBG Media Debt-to-Equity?

LBG Media's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £2.51 Mil. LBG Media's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £2.98 Mil. LBG Media's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £65.15 Mil. LBG Media's debt to equity for the quarter that ended in Dec. 2023 was 0.08.

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 LBG Media's Debt-to-Equity or its related term are showing as below:

LSE:LBG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.67 Max: 2.84
Current: 0.08

During the past 6 years, the highest Debt-to-Equity Ratio of LBG Media was 2.84. The lowest was 0.05. And the median was 0.67.

LSE:LBG's Debt-to-Equity is ranked better than
75.53% of 842 companies
in the Media - Diversified industry
Industry Median: 0.29 vs LSE:LBG: 0.08

LBG Media Debt-to-Equity Historical Data

The historical data trend for LBG Media'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.

LBG Media Debt-to-Equity Chart

LBG Media Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.92

1.26

0.07

0.05

0.08

LBG Media Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					0.07	0.07	0.05	0.05	0.08

Competitive Comparison of LBG Media's Debt-to-Equity

For the Publishing subindustry, LBG Media'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.

LBG Media's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, LBG Media's Debt-to-Equity distribution charts can be found below:

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

LBG Media Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LBG Media'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
	=	(2.507	+	2.975)	/	65.153
	=	0.08

LBG Media'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
	=	(2.507	+	2.975)	/	65.153
	=	0.08

LBG Media (LSE:LBG) 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.

LBG Media Debt-to-Equity Related Terms

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

LBG Media (LSE:LBG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » LBG Media PLC (LSE:LBG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Dale Street, Manchester, GBR, M1 1EZ

Website

https://www.lbgmedia.co.uk

LBG Media PLC is a UK-based digital media and youth content publisher, utilizing both in-house content and content from third parties to generate interactions with its audience of over one billion per annum. The company produces and distributes digital content across a range of mediums including video, editorial, image, audio, and experience.

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