Shoe Zone (LSE:SHOE) Debt-to-Equity : 1.31 (As of Mar. 2024)

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What is Shoe Zone Debt-to-Equity?

Shoe Zone's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was £12.7 Mil. Shoe Zone's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was £25.2 Mil. Shoe Zone's Total Stockholders Equity for the quarter that ended in Mar. 2024 was £28.9 Mil. Shoe Zone's debt to equity for the quarter that ended in Mar. 2024 was 1.31.

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 Shoe Zone's Debt-to-Equity or its related term are showing as below:

LSE:SHOE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 1.29 Max: 6.01
Current: 1.31

During the past 13 years, the highest Debt-to-Equity Ratio of Shoe Zone was 6.01. The lowest was 0.03. And the median was 1.29.

LSE:SHOE's Debt-to-Equity is ranked worse than
70.07% of 999 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs LSE:SHOE: 1.31

Shoe Zone Debt-to-Equity Historical Data

The historical data trend for Shoe Zone'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.

Shoe Zone Debt-to-Equity Chart

Shoe Zone Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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5.19

2.02

0.96

1.06

Shoe Zone Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.28	0.96	1.29	1.06	1.31

Competitive Comparison of Shoe Zone's Debt-to-Equity

For the Apparel Retail subindustry, Shoe Zone'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.

Shoe Zone's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shoe Zone's Debt-to-Equity distribution charts can be found below:

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

Shoe Zone Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shoe Zone's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(13.071	+	22.219)	/	33.352
	=	1.06

Shoe Zone'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
	=	(12.72	+	25.177)	/	28.895
	=	1.31

Shoe Zone (LSE:SHOE) 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.

Shoe Zone Debt-to-Equity Related Terms

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

Shoe Zone (LSE:SHOE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shoe Zone PLC (LSE:SHOE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

86W:Germany

Address

Humberstone Road, Haramead Business Centre, Leicester, Leicestershire, GBR, LE1 2LH

Website

https://www.shoezone.com

Shoe Zone PLC operates as a footwear retailer offering a wide range and a variety of shoes for all ages, it functions with over 500 stores across the UK. The group has a single distribution center which is located in Leicester, England. Its online offering combined with its store portfolio allows customers to shop via multiple channels. Shoe zone and its subsidiaries operate in the United Kingdom and the Republic of Ireland. The majority of the revenue is generated from the United Kingdom store.

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