SiteOne Landscape Supply (FRA:0S0) Debt-to-Equity : 0.64 (As of Mar. 2024)

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What is SiteOne Landscape Supply Debt-to-Equity?

SiteOne Landscape Supply's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €103 Mil. SiteOne Landscape Supply's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €759 Mil. SiteOne Landscape Supply's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €1,356 Mil. SiteOne Landscape Supply's debt to equity for the quarter that ended in Mar. 2024 was 0.64.

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 SiteOne Landscape Supply's Debt-to-Equity or its related term are showing as below:

FRA:0S0' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57 Med: 1.92 Max: 3.58
Current: 0.64

During the past 12 years, the highest Debt-to-Equity Ratio of SiteOne Landscape Supply was 3.58. The lowest was 0.57. And the median was 1.92.

FRA:0S0's Debt-to-Equity is ranked worse than
58.21% of 134 companies
in the Industrial Distribution industry
Industry Median: 0.5 vs FRA:0S0: 0.64

SiteOne Landscape Supply Debt-to-Equity Historical Data

The historical data trend for SiteOne Landscape Supply'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.

SiteOne Landscape Supply Debt-to-Equity Chart

SiteOne Landscape Supply Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.99

0.71

0.57

0.58

SiteOne Landscape Supply Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.76	0.58	0.61	0.58	0.64

Competitive Comparison of SiteOne Landscape Supply's Debt-to-Equity

For the Industrial Distribution subindustry, SiteOne Landscape Supply'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.

SiteOne Landscape Supply's Debt-to-Equity Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, SiteOne Landscape Supply's Debt-to-Equity distribution charts can be found below:

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

SiteOne Landscape Supply Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SiteOne Landscape Supply'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
	=	(101.512	+	688.392)	/	1362.754
	=	0.58

SiteOne Landscape Supply's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(103.408	+	759.184)	/	1355.896
	=	0.64

SiteOne Landscape Supply (FRA:0S0) 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.

SiteOne Landscape Supply Debt-to-Equity Related Terms

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SiteOne Landscape Supply (FRA:0S0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » SiteOne Landscape Supply Inc (FRA:0S0) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SITE:USA

Address

300 Colonial Center Parkway, Suite 600, Roswell, GA, USA, 30076

Website

https://www.siteone.com

SiteOne Landscape Supply Inc is one of the largest suppliers of tools and equipment. The company serves various businesses which include wholesale irrigation, outdoor lighting, nursery, landscape supplies, grass seeds, and fertilizers, turf protection products, turf care equipment, and golf course accessories for green industry professionals mainly in the United States and Canada. Its product portfolio includes irrigation supplies, fertilizer and herbicides, landscape accessories, nursery goods, natural stones and blocks, outdoor lighting and ice melt products and other products.

SiteOne Landscape Supply (FRA:0S0) Headlines

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