AEON Stores (Hong Kong) Co (FRA:AVK1) Debt-to-Equity : -16.23 (As of Dec. 2023)

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What is AEON Stores (Hong Kong) Co Debt-to-Equity?

AEON Stores (Hong Kong) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €79 Mil. AEON Stores (Hong Kong) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €297 Mil. AEON Stores (Hong Kong) Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €-23 Mil. AEON Stores (Hong Kong) Co's debt to equity for the quarter that ended in Dec. 2023 was -16.23.

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 AEON Stores (Hong Kong) Co's Debt-to-Equity or its related term are showing as below:

FRA:AVK1' s Debt-to-Equity Range Over the Past 10 Years
Min: -12705.58 Med: 0 Max: 21.46
Current: -16.23

During the past 13 years, the highest Debt-to-Equity Ratio of AEON Stores (Hong Kong) Co was 21.46. The lowest was -12705.58. And the median was 0.00.

FRA:AVK1's Debt-to-Equity is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.62 vs FRA:AVK1: -16.23

AEON Stores (Hong Kong) Co Debt-to-Equity Historical Data

The historical data trend for AEON Stores (Hong Kong) 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.

AEON Stores (Hong Kong) Co Debt-to-Equity Chart

AEON Stores (Hong Kong) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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6.21

6.93

21.46

-12,791.52

-16.23

AEON Stores (Hong Kong) Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															21.46	57.80	-12,791.52	-36.86	-16.23

Competitive Comparison of AEON Stores (Hong Kong) Co's Debt-to-Equity

For the Department Stores subindustry, AEON Stores (Hong Kong) 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.

AEON Stores (Hong Kong) Co's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, AEON Stores (Hong Kong) Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where AEON Stores (Hong Kong) Co's Debt-to-Equity falls into.

AEON Stores (Hong Kong) Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AEON Stores (Hong Kong) Co'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
	=	(79.377	+	297.389)	/	-23.218
	=	-16.23

AEON Stores (Hong Kong) Co'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
	=	(79.377	+	297.389)	/	-23.218
	=	-16.23

AEON Stores (Hong Kong) Co (FRA:AVK1) 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.

AEON Stores (Hong Kong) Co Debt-to-Equity Related Terms

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

AEON Stores (Hong Kong) Co (FRA:AVK1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » AEON Stores (Hong Kong) Co Ltd (FRA:AVK1) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

00984:Hong Kong

Address

388 Castle Peak Road, Units 07-11, 26th Floor, CDW Building, New Territories, Tsuen Wan, Hong Kong, HKG

Website

https://www.aeonstores.com.hk

AEON Stores (Hong Kong) Co Ltd and its subsidiaries are engaged in the operation of retail stores. It offers household products, clothing and food products, among others. The company also provides facilities such as a lounge, free home delivery, free parking, gift wrapping, self-express, free ice pack, gift certificate selling, chilled lockers, trolley-lending, and customer voice services. Some of its brands are TOPVALU, HOME COORDY, iC innercasual and Kids Republic. It has two reportable segments that are Hongkong and the PRC.

AEON Stores (Hong Kong) Co (FRA:AVK1) Headlines

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