Adastria Co (FRA:1E0) Debt-to-Equity : 0.03 (As of Nov. 2023)

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What is Adastria Co Debt-to-Equity?

Adastria Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was €8 Mil. Adastria Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was €3 Mil. Adastria Co's Total Stockholders Equity for the quarter that ended in Nov. 2023 was €422 Mil. Adastria Co's debt to equity for the quarter that ended in Nov. 2023 was 0.03.

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

FRA:1E0' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.07 Max: 0.14
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Adastria Co was 0.14. The lowest was 0.04. And the median was 0.07.

FRA:1E0's Debt-to-Equity is ranked better than
77.81% of 933 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs FRA:1E0: 0.13

Adastria Co Debt-to-Equity Historical Data

The historical data trend for Adastria Co'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.

Adastria Co Debt-to-Equity Chart

Adastria Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-Equity

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0.06

0.07

0.09

0.14

0.13

Adastria Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.14	0.05	0.01	0.03	0.13

Competitive Comparison of Adastria Co's Debt-to-Equity

For the Apparel Manufacturing subindustry, Adastria Co'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.

Adastria Co's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Adastria Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Adastria Co's Debt to Equity Ratio for the fiscal year that ended in Feb. 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
	=	(14.92	+	40.527)	/	434.593
	=	0.13

Adastria Co's Debt to Equity Ratio for the quarter that ended in Nov. 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
	=	(8.149	+	3.13)	/	421.859
	=	0.03

Adastria Co (FRA:1E0) 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.

Adastria Co Debt-to-Equity Related Terms

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

Adastria Co (FRA:1E0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Adastria Co Ltd (FRA:1E0) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

2685:Japan

Address

10th Floor, Gran Tokyo South Tower, 1-9-2, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6610

Website

http://www.adastria.co.jp

Adastria Co Ltd is a manufacturer and retailer of clothing, bags, shoes, kitchen goods, furniture, and accessories with over a thousand stores in Asia. Its many retail brands span from targeting teenagers to middle-aged adults and from high-priced to mass-market goods. Its biggest brands include Lepsim, studio CLIP, niko and, Global Work, Heather, Jeanasis, Rageblue, and Lowrys Farm. The vast majority of Adastria's revenue and store locations are in Japan. Other Asian markets include Hong Kong, China, Taiwan, South Korea, and Singapore.

Adastria Co (FRA:1E0) Headlines

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