Bowlero (Bowlero) Debt-to-Equity : 60.85 (As of Dec. 2023)

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What is Bowlero Debt-to-Equity?

Bowlero's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $41 Mil. Bowlero's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,354 Mil. Bowlero's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $39 Mil. Bowlero's debt to equity for the quarter that ended in Dec. 2023 was 60.85.

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

BOWL' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.7 Med: 7.01 Max: 60.85
Current: 60.85

During the past 4 years, the highest Debt-to-Equity Ratio of Bowlero was 60.85. The lowest was 2.70. And the median was 7.01.

BOWL's Debt-to-Equity is ranked worse than
99.56% of 688 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs BOWL: 60.85

Bowlero Debt-to-Equity Historical Data

The historical data trend for Bowlero'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.

Bowlero Debt-to-Equity Chart

Bowlero Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

2.70

3.79

6.59

7.53

Bowlero Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										8.33	4.40	7.53	13.61	60.85

Competitive Comparison of Bowlero's Debt-to-Equity

For the Leisure subindustry, Bowlero'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.

Bowlero's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bowlero's Debt-to-Equity distribution charts can be found below:

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

Bowlero Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bowlero's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(33.204	+	2222.432)	/	299.55
	=	7.53

Bowlero'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
	=	(40.966	+	2353.965)	/	39.356
	=	60.85

Bowlero (NYSE:BOWL) 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.

Bowlero Debt-to-Equity Related Terms

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

Bowlero (Bowlero) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bowlero Corp (NYSE:BOWL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7313 Bell Creek Road, Mechanicsville, VA, USA, 23111

Website

https://www.bowlerocorp.com

Bowlero Corp is a operator of bowling entertainment centers. It operate traditional bowling centers and more upscale entertainment concepts with lounge seating, arcades, enhanced food and beverage offerings, and more robust customer service for individuals and group events, as well as hosting and overseeing professional and non-professional bowling tournaments and related broadcasting.

Executives

John Alan Young	director	C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Robert M. Lavan	officer: Chief Financial Officer	5201 INTERCHANGE WAY, LOUISVILLE KY 40229
A-b Parent Llc	director, 10 percent owner	C/O ATAIROS GROUP INC, 40 MORRIS AVE, BRYN MAWR PA 19010
Jeffrey C Kostelni	officer: Chief Accounting Officer	C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Brett I. Parker	officer: Chief Financial Officer	C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Thomas F. Shannon	director, officer: Chief Executive Officer	C/O BOWLERO CORP., 222 WEST 44TH STREET, NEW YORK NY 10036
Alberto Perlman	director	C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
George A. Barrios	director	C/O 1241 EAST MAIN STREET, STAMFORD CT 06902
Michelle D Wilson	director	C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
Apollo Spac Fund I, L.p.	10 percent owner	27 HOSPITAL ROAD, GEORGE TOW E9 KY1-9008
Cobalt Group, Llc	director	C/O BOWLERO CORPORATION, 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Cobalt Recreation Llc	director	C/O BOWLERO CORPORATION, 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Nicole M. Weinberger	officer: Chief Customer Off. & CEO, PBA	C/O BOWLERO CORP., 222 W. 44TH STREET, NEW YORK NY 10036
Rachael A. Wagner	director, 10 percent owner	C/O BOWLERO CORP., 222 WEST 44TH STREET, NEW YORK NY 10036
Apollo Management Holdings Gp, Llc	10 percent owner	9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019