Lesaka Technologies (LSAK) Debt/Equity Ratio: History & Chart

Lesaka Technologies, Inc.(LSAK)

Software - Infrastructure · Johannesburg, GT

$4.76+0.18 (+3.93%)

Delayed quote: Oct 6, 2026, 11:15 AM EDT

About Lesaka Technologies, Inc.

Lesaka Technologies, Inc. is a prominent financial technology firm specializing in delivering essential fintech solutions to individuals and small businesses who are either unbanked or underbanked. While its primary focus is on South Africa, the company also serves international markets. Central to its strategy, Lesaka develops advanced payment technologies designed to facilitate a wide array of financial and value-added services for its diverse customer base. The company's operations are strategically divided into three core segments: Processing, Financial Services, and Technology. The Processing segment handles the end-to-end management of transaction data, including its collection, secure transmission, and efficient retrieval for clients. Through its Financial Services segment, Lesaka offers direct financial products such as bank accounts, various loan types (including short-term credit), and life insurance options. The Technology segment is responsible for the sale of hardware like point-of-sale (POS) devices, SIM cards, and other critical consumables, in addition to licensing the company's proprietary technology and providing associated technical services. Originally incorporated in 1997, the company, headquartered in Johannesburg, South Africa, was formerly known as Net 1 UEPS Technologies, Inc. It officially adopted the name Lesaka Technologies, Inc. in May 2022.

Johannesburg, GT

3,861 employees

www.lesakatech.com

Technology / Software - Infrastructure

Sector: Technology
Industry: Software - Infrastructure
CEO: Lincoln Camagu Mali

View full financials

LSAK Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

0.90

DEBT TO EQUITY RATIO AVG TTM

0.92

DEBT TO EQUITY RATIO AVG 3Y

0.77

DEBT TO EQUITY RATIO AVG 5Y

0.76

DEBT TO EQUITY RATIO AVG 10Y

0.39

DEBT TO EQUITY RATIO AVG 15Y

0.33

DEBT TO EQUITY RATIO AVG 20Y

0.22

CURRENT VS TTM AVG

-2.15%

CURRENT VS 3Y AVG

+15.90%

CURRENT VS 5Y AVG

+17.87%

CURRENT VS 10Y AVG

+131.72%

CURRENT VS 15Y AVG

+168.92%

CURRENT VS 20Y AVG

+300.13%

SECTOR MEDIAN · TECHNOLOGY

0.19

median of 483 covered companies

CURRENT VS SECTOR MEDIAN

+372.27%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
Lesaka Technologies, Inc. (LSAK)	$408.39M	0.90	0.92	0.77	0.76
Syntec Optics Holdings, Inc. (OPTX)vs ›	$402.19M	0.14	1.10	0.99	0.79
Allot Ltd. (ALLT)vs ›	$412.79M	0.06	0.49	0.56	0.40
Arqit Quantum Inc. (ARQQ)vs ›	$417.21M	0.08	0.06	0.08	1.03
Everspin Technologies, Inc. (MRAM)vs ›	$428.50M	0.04	0.06	0.11	0.21
Gloo Holdings, Inc. (GLOO)vs ›	$375.43M	0.33	5.32	3.58	3.58
PowerFleet, Inc. (AIOT)vs ›	$375.19M	0.61	0.63	0.61	0.49
OBOOK Holdings Inc. (OWLS)vs ›	$446.84M	N/A	N/A	N/A	N/A
International Money Express, Inc. (IMXI)vs ›	$365.65M	0.80	1.35	1.34	1.15
Cerence Inc. (CRNC)vs ›	$365.57M	1.12	1.81	1.11	0.84

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

Lesaka Technologies, Inc. (LSAK)

$408.39M

0.90

0.92

0.77

0.76

Syntec Optics Holdings, Inc. (OPTX)vs ›

$402.19M

0.14

1.10

0.99

0.79

Allot Ltd. (ALLT)vs ›

$412.79M

0.06

0.49

0.56

0.40

Arqit Quantum Inc. (ARQQ)vs ›

$417.21M

0.08

0.06

0.08

1.03

Everspin Technologies, Inc. (MRAM)vs ›

$428.50M

0.04

0.06

0.11

0.21

Gloo Holdings, Inc. (GLOO)vs ›

$375.43M

0.33

5.32

3.58

PowerFleet, Inc. (AIOT)vs ›

$375.19M

0.61

0.63

0.61

0.49

OBOOK Holdings Inc. (OWLS)vs ›

$446.84M

N/A

International Money Express, Inc. (IMXI)vs ›

$365.65M

0.80

1.35

1.34

1.15

Cerence Inc. (CRNC)vs ›

$365.57M

1.12

1.81

1.11

0.84

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Lesaka Technologies, Inc. (LSAK)?

The debt to equity ratio for LSAK stock is 0.90.

Is Lesaka Technologies, Inc.'s debt to equity ratio high or low?

The debt to equity ratio of 0.90 is 18% above its 5-year average of 0.76, near the high end of its 5-year range (0.05–0.96).

What is the TTM average debt to equity ratio for Lesaka Technologies, Inc. (LSAK)?

The TTM average debt to equity ratio for LSAK stock is 0.92.

What is the 3Y average debt to equity ratio for Lesaka Technologies, Inc. (LSAK)?

The 3Y average debt to equity ratio for LSAK stock is 0.77.

What is the 5Y average debt to equity ratio for Lesaka Technologies, Inc. (LSAK)?

The 5Y average debt to equity ratio for LSAK stock is 0.76.

What is the 10Y average debt to equity ratio for Lesaka Technologies, Inc. (LSAK)?

The 10Y average debt to equity ratio for LSAK stock is 0.39.

What is the 15Y average debt to equity ratio for Lesaka Technologies, Inc. (LSAK)?

The 15Y average debt to equity ratio for LSAK stock is 0.33.

What is the 20Y average debt to equity ratio for Lesaka Technologies, Inc. (LSAK)?

The 20Y average debt to equity ratio for LSAK stock is 0.22.

DATE	DEBT TO EQUITY RATIO
2026-06-30	0.90
2026-03-31	0.91
2025-12-31	0.96
2025-09-30	0.89
2025-06-30	0.92
2025-03-31	0.83
2024-12-31	0.74
2024-09-30	0.63
2024-06-30	0.65
2024-03-31	0.61
2023-12-31	0.70
2023-09-30	0.66
2023-06-30	0.66
2023-03-31	0.75
2022-12-31	0.73
2022-09-30	0.71
2022-06-30	0.68
2022-03-31	0.15
2021-12-31	0.16
2021-09-30	0.16
2021-06-30	0.05
2021-03-31	0.05
2020-12-31	0.18
2020-09-30	0.03
2020-06-30	0.05
2020-03-31	0.17
2019-12-31	0.26
2019-09-30	0.24
2019-06-30	0.20
2019-03-31	0.16
2018-12-31	0.15
2018-09-30	0.18
2018-06-30	0.07
2018-03-31	0.10
2017-12-31	0.14
2017-09-30	0.20
2017-06-30	0.05
2017-03-31	0.04
2016-12-31	0.04
2016-09-30	0.04
2016-06-30	0.09
2016-03-31	0.13
2015-12-31	0.13
2015-09-30	0.12
2015-06-30	0.12
2015-03-31	0.13
2014-12-31	0.13
2014-09-30	0.17
2014-06-30	0.17
2014-03-31	0.19
2013-12-31	0.26
2013-09-30	0.24
2013-06-30	0.24
2013-03-31	0.26
2012-12-31	0.26
2012-09-30	0.27
2012-06-30	0.27
2012-03-31	0.29
2011-12-31	0.32
2011-09-30	0.36
2011-06-30	0.39
2011-03-31	0.39
2010-12-31	0.34
2010-09-30	0.38
2010-06-30	0.02
2010-03-31	0.02
2009-12-31	0.00
2009-09-30	0.02
2009-06-30	0.01
2009-03-31	0.01
2008-12-31	0.00
2008-09-30	0.01
2008-06-30	0.01
2008-03-31	0.01
2007-12-31	0.00
2007-09-30	0.01
2007-06-30	0.00
2007-03-31	0.02
2006-12-31	0.00
2006-09-30	0.02
2006-06-30	0.00
2006-03-31	0.00
2005-12-31	0.00
2005-09-30	0.00
2005-06-30	0.00
2005-03-31	0.00
2004-12-31	0.00
2004-09-30	0.00
2004-03-31	0.00
2003-12-31	0.00
2003-09-30	0.00
2003-06-30	0.00
2003-03-31	0.00
2002-12-31	0.00
2002-09-30	0.00
2002-06-30	0.00

DATE

DEBT TO EQUITY RATIO

2026-06-30

0.90

2026-03-31

0.91

2025-12-31

0.96

2025-09-30

0.89

2025-06-30

0.92

2025-03-31

0.83

2024-12-31

0.74

2024-09-30

0.63

2024-06-30

0.65

2024-03-31

0.61

2023-12-31

0.70

2023-09-30

0.66

2023-06-30

0.66

2023-03-31

0.75

2022-12-31

0.73

2022-09-30

0.71

2022-06-30

0.68

2022-03-31

0.15

2021-12-31

0.16

2021-09-30

0.16

2021-06-30

0.05

2021-03-31

0.05

2020-12-31

0.18

2020-09-30

0.03

2020-06-30

0.05

2020-03-31

0.17

2019-12-31

0.26

2019-09-30

0.24

2019-06-30

0.20

2019-03-31

0.16

2018-12-31

0.15

2018-09-30

0.18

2018-06-30

0.07

2018-03-31

0.10

2017-12-31

0.14

2017-09-30

0.20

2017-06-30

0.05

2017-03-31

0.04

2016-12-31

0.04

2016-09-30

0.04

2016-06-30

0.09

2016-03-31

0.13

2015-12-31

0.13

2015-09-30

0.12

2015-06-30

0.12

2015-03-31

0.13

2014-12-31

0.13

2014-09-30

0.17

2014-06-30

0.17

2014-03-31

0.19

2013-12-31

0.26

2013-09-30

0.24

2013-06-30

0.24

2013-03-31

0.26

2012-12-31

0.26

2012-09-30

0.27

2012-06-30

0.27

2012-03-31

0.29

2011-12-31

0.32

2011-09-30

0.36

2011-06-30

0.39

2011-03-31

0.39

2010-12-31

0.34

2010-09-30

0.38

2010-06-30

0.02

2010-03-31

0.02

2009-12-31

0.00

2009-09-30

0.02

2009-06-30

0.01

2009-03-31

0.01

2008-12-31

0.00

2008-09-30

0.01

2008-06-30

0.01

2008-03-31

0.01

2007-12-31

0.00

2007-09-30

0.01

2007-06-30

0.00

2007-03-31

0.02

2006-12-31

0.00

2006-09-30

0.02

2006-06-30

0.00

2006-03-31

0.00

2005-12-31

0.00

2005-09-30

0.00

2005-06-30

0.00

2005-03-31

0.00

2004-12-31

0.00

2004-09-30

0.00

2004-03-31

0.00

2003-12-31

0.00

2003-09-30

0.00

2003-06-30

0.00

2003-03-31

0.00

2002-12-31

0.00

2002-09-30

0.00

2002-06-30

0.00

Debt to Equity Ratio: 0.90

LSAK Debt to Equity Ratio

LSAK Average Debt to Equity Ratio Chart

LSAK Current vs Average Debt to Equity Ratio Chart

LSAK Debt to Equity Ratio Metrics

LSAK Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

LSAK Debt to Equity Ratio History

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