Dis-Chem Pharmacies (JSE:DCP) Debt-to-Equity : 1.19 (As of Aug. 2023)

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What is Dis-Chem Pharmacies Debt-to-Equity?

Dis-Chem Pharmacies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was R1,624 Mil. Dis-Chem Pharmacies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was R3,359 Mil. Dis-Chem Pharmacies's Total Stockholders Equity for the quarter that ended in Aug. 2023 was R4,186 Mil. Dis-Chem Pharmacies's debt to equity for the quarter that ended in Aug. 2023 was 1.19.

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 Dis-Chem Pharmacies's Debt-to-Equity or its related term are showing as below:

JSE:DCP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.62 Med: 1.46 Max: 3.3
Current: 1.19

During the past 10 years, the highest Debt-to-Equity Ratio of Dis-Chem Pharmacies was 3.30. The lowest was 0.62. And the median was 1.46.

JSE:DCP's Debt-to-Equity is ranked worse than
75.45% of 550 companies
in the Healthcare Providers & Services industry
Industry Median: 0.485 vs JSE:DCP: 1.19

Dis-Chem Pharmacies Debt-to-Equity Historical Data

The historical data trend for Dis-Chem Pharmacies'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.

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Dis-Chem Pharmacies Debt-to-Equity Chart

Dis-Chem Pharmacies Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Debt-to-Equity

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2.08

1.64

1.54

1.36

1.28

Dis-Chem Pharmacies Semi-Annual Data
	Feb14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Debt-to-Equity	Get a 7-Day Free Trial														1.39	1.36	1.25	1.28	1.19

Competitive Comparison of Dis-Chem Pharmacies's Debt-to-Equity

For the Pharmaceutical Retailers subindustry, Dis-Chem Pharmacies'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.

Dis-Chem Pharmacies's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dis-Chem Pharmacies's Debt-to-Equity distribution charts can be found below:

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

Dis-Chem Pharmacies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dis-Chem Pharmacies's Debt to Equity Ratio for the fiscal year that ended in Feb. 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
	=	(1812.072	+	3162.071)	/	3900.395
	=	1.28

Dis-Chem Pharmacies's Debt to Equity Ratio for the quarter that ended in Aug. 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
	=	(1623.931	+	3358.506)	/	4186.098
	=	1.19

Dis-Chem Pharmacies (JSE:DCP) 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.

Dis-Chem Pharmacies Debt-to-Equity Related Terms

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Dis-Chem Pharmacies (JSE:DCP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Dis-Chem Pharmacies Ltd (JSE:DCP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Stag Road, Glen Austin, Midrand, Johannesburg, GT, ZAF, 1685

Website

https://www.dischem.co.za

Dis-Chem Pharmacies Ltd is a pharmaceutical company based in South Africa. Its product portfolio includes personal care products, beauty products, healthcare and nutrition products, and dispensary and baby care products. The operating segments of the group are Retail and Wholesale. It derives maximum revenue from the Retail segment, which includes company stores, retailers of pharmaceutical and a variety of health and beauty products, as well as pharma-logistic services and oncology and retailers of pharmaceutical products. The Wholesale segment consists of the CJ wholesale and company distribution businesses, wholesalers of pharmaceuticals, and a variety of health and beauty products. Geographically, the group carries its business operations principally in South Africa.