Samsonite International (HKSE:01910) Debt-to-Equity : 1.58 (As of Dec. 2023)

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What is Samsonite International Debt-to-Equity?

Samsonite International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,624 Mil. Samsonite International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$16,308 Mil. Samsonite International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$11,332 Mil. Samsonite International's debt to equity for the quarter that ended in Dec. 2023 was 1.58.

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 Samsonite International's Debt-to-Equity or its related term are showing as below:

HKSE:01910' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 1.26 Max: 5.87
Current: 1.58

During the past 13 years, the highest Debt-to-Equity Ratio of Samsonite International was 5.87. The lowest was 0.05. And the median was 1.26.

HKSE:01910's Debt-to-Equity is ranked worse than
85.99% of 935 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs HKSE:01910: 1.58

Samsonite International Debt-to-Equity Historical Data

The historical data trend for Samsonite International'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.

Samsonite International Debt-to-Equity Chart

Samsonite International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.23

5.87

4.67

2.31

1.58

Samsonite International Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	2.31	1.98	1.75	1.58

Competitive Comparison of Samsonite International's Debt-to-Equity

For the Footwear & Accessories subindustry, Samsonite International'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.

Samsonite International's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Samsonite International's Debt-to-Equity distribution charts can be found below:

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

Samsonite International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Samsonite International'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
	=	(1623.657	+	16307.643)	/	11332.02
	=	1.58

Samsonite International'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
	=	(1623.657	+	16307.643)	/	11332.02
	=	1.58

Samsonite International (HKSE:01910) 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.

Samsonite International Debt-to-Equity Related Terms

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

Samsonite International (HKSE:01910) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Samsonite International SA (HKSE:01910) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SMSOF:USA SMSEY:USA 1SO:Germany

Address

13-15, Avenue de la Liberte, Luxembourg, LUX, L-1931

Website

https://corporate.samsonite.com/en/home.html

Samsonite is the world's largest luggage company with a 19.5% market share in 2018. The company produces and sells travel luggage under various brands targeting the mid-market to high-end consumers. The group's key brand is Samsonite, whose market presence is well established, followed by Tumi, the high-end brand acquired in 2016, which alongside mass-market brand American Tourister, are the next largest earnings contributors. The majority of its products are manufactured by third parties, but Samsonite does produce its own select proprietary materials. Except for Tumi, most of its products are sold to retailers, but the acquisition of online retailer eBags in early 2017 is boosting its online sales channel direct to consumers.

Samsonite International (HKSE:01910) Headlines

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