Fix Price Group (LSE:FIXP) Debt-to-Equity : 0.44 (As of Dec. 2023)

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What is Fix Price Group Debt-to-Equity?

Fix Price Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $209 Mil. Fix Price Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $107 Mil. Fix Price Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $724 Mil. Fix Price Group's debt to equity for the quarter that ended in Dec. 2023 was 0.44.

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 Fix Price Group's Debt-to-Equity or its related term are showing as below:

LSE:FIXP' s Debt-to-Equity Range Over the Past 10 Years
Min: -7.13 Med: 0.44 Max: 4.04
Current: 0.44

During the past 7 years, the highest Debt-to-Equity Ratio of Fix Price Group was 4.04. The lowest was -7.13. And the median was 0.44.

LSE:FIXP's Debt-to-Equity is ranked better than
57.97% of 276 companies
in the Retail - Defensive industry
Industry Median: 0.62 vs LSE:FIXP: 0.44

Fix Price Group Debt-to-Equity Historical Data

The historical data trend for Fix Price Group'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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Fix Price Group Debt-to-Equity Chart

Fix Price Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.12

-7.13

4.04

1.18

0.44

Fix Price Group Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						4.04	4.56	1.18	N/A	0.44

Competitive Comparison of Fix Price Group's Debt-to-Equity

For the Discount Stores subindustry, Fix Price Group'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.

Fix Price Group's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Fix Price Group's Debt-to-Equity distribution charts can be found below:

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

Fix Price Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fix Price Group'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
	=	(208.622	+	106.938)	/	723.917
	=	0.44

Fix Price Group'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
	=	(208.622	+	106.938)	/	723.917
	=	0.44

Fix Price Group (LSE:FIXP) 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.

Fix Price Group Debt-to-Equity Related Terms

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

Fix Price Group (LSE:FIXP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Fix Price Group PLC (LSE:FIXP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Makariou III & Vyronos Street, P. Lordos Center building, Block B, 1st floor, Office 102, Limassol, CYP, 3105

Website

https://ir.fix-price.com

Fix Price Group PLC is a low-price value retailer. Its categories include ambient food and drink, household goods, and cosmetics and hygiene items. Its retail operations are conducted through a chain of convenience stores, located in the Russian Federation, Belarus, Kazakhstan, Uzbekistan, Latvia, Georgia, and Kyrgyzstan The group is also engaged in wholesale operations by servicing a number of franchises that operate in distant regions of the Russian Federation, as well as in a number of international geographies.

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