Leslies Inc (LESL)
Debt-to-equity ratio
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | ||
|---|---|---|---|---|
| Long-term debt | US$ in thousands | 773,276 | 779,726 | 786,125 |
| Total stockholders’ equity | US$ in thousands | -161,362 | -197,951 | -217,558 |
| Debt-to-equity ratio | — | — | — |
September 30, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $773,276K ÷ $-161,362K
= —
As the debt-to-equity ratio for Leslies Inc is not provided for the fiscal years ending in September 2023, September 2022, and September 2021, a thorough analysis based on this specific ratio is not feasible. The debt-to-equity ratio is a key financial metric that indicates the proportion of a company's capital that is funded by debt compared to equity. It provides insights into the company's financial leverage and risk exposure.
Companies with high debt-to-equity ratios tend to be more leveraged and may face higher financial risks, such as difficulties in servicing debt obligations. On the other hand, companies with low debt-to-equity ratios are generally considered financially stable and less risky.
Without the debt-to-equity ratio information for Leslies Inc, it is challenging to assess the company's capital structure, financial health, and risk profile based solely on this ratio. Additional information and financial metrics would be necessary to provide a more comprehensive analysis of Leslies Inc's financial position and performance.
Peer comparison
Sep 30, 2023