Frasers Group (LSE:FRAS) Debt-to-Equity : 0.91 (As of Oct. 2023)

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What is Frasers Group Debt-to-Equity?

Frasers Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £171 Mil. Frasers Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £1,378 Mil. Frasers Group's Total Stockholders Equity for the quarter that ended in Oct. 2023 was £1,696 Mil. Frasers Group's debt to equity for the quarter that ended in Oct. 2023 was 0.91.

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 Frasers Group's Debt-to-Equity or its related term are showing as below:

LSE:FRAS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.65 Max: 1.2
Current: 0.91

During the past 13 years, the highest Debt-to-Equity Ratio of Frasers Group was 1.20. The lowest was 0.12. And the median was 0.65.

LSE:FRAS's Debt-to-Equity is ranked worse than
63.9% of 1000 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs LSE:FRAS: 0.91

Frasers Group Debt-to-Equity Historical Data

The historical data trend for Frasers Group'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.

Frasers Group Debt-to-Equity Chart

Frasers Group Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

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0.66

1.20

1.13

0.88

Frasers Group Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial															0.79	1.13	1.10	0.88	0.91

Competitive Comparison of Frasers Group's Debt-to-Equity

For the Specialty Retail subindustry, Frasers Group'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.

Frasers Group's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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

Frasers Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Frasers Group's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(119.6	+	1310)	/	1618.2
	=	0.88

Frasers Group's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(170.8	+	1377.6)	/	1695.8
	=	0.91

Frasers Group (LSE:FRAS) 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.

Frasers Group Debt-to-Equity Related Terms

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

Frasers Group (LSE:FRAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Frasers Group PLC (LSE:FRAS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FRASl:UK ZVX:Germany

Address

Unit A, Brook Park East, Shirebrook, GBR, NG20 8RY

Website

https://www.frasers.group

Frasers Group PLC is a U.K. sports goods retailer. The company operates stores in the United Kingdom and continental Europe, including premium lifestyle stores in the U.K. The diversified portfolio, consists of globally recognized brands, such as Dunlop, Lonsdale, Nike, Adidas, Under Armour, Puma, Karrimor, Kangol, Slazenger, Everlast, No Fear, and Firetrap, among others. Sports Direct International sells through stand-alone stores and multi-fascia retail spaces, department stores, and online. The premium lifestyle portfolio operates under the Flannels, Cruise, USC, and Van Mildert fascias.

Frasers Group (LSE:FRAS) Headlines

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