Victorian Plumbing Group (LSE:VIC) Debt-to-Equity : 0.10 (As of Sep. 2023)

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What is Victorian Plumbing Group Debt-to-Equity?

Victorian Plumbing Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £1.0 Mil. Victorian Plumbing Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £3.8 Mil. Victorian Plumbing Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £48.8 Mil. Victorian Plumbing Group's debt to equity for the quarter that ended in Sep. 2023 was 0.10.

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

LSE:VIC' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.73 Med: 0.15 Max: 1.36
Current: 0.1

During the past 6 years, the highest Debt-to-Equity Ratio of Victorian Plumbing Group was 1.36. The lowest was -2.73. And the median was 0.15.

LSE:VIC's Debt-to-Equity is ranked better than
86.31% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs LSE:VIC: 0.10

Victorian Plumbing Group Debt-to-Equity Historical Data

The historical data trend for Victorian Plumbing 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.

* Premium members only.

Victorian Plumbing Group Debt-to-Equity Chart

Victorian Plumbing Group Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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1.36

0.49

0.19

0.11

0.10

Victorian Plumbing Group Semi-Annual Data
	Sep18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial					0.19	0.15	0.11	0.11	0.10

Competitive Comparison of Victorian Plumbing Group's Debt-to-Equity

For the Home Improvement Retail subindustry, Victorian Plumbing 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.

Victorian Plumbing Group's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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

Victorian Plumbing Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Victorian Plumbing Group'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
	=	(1	+	3.8)	/	48.8
	=	0.10

Victorian Plumbing Group's Debt to Equity Ratio for the quarter 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
	=	(1	+	3.8)	/	48.8
	=	0.10

Victorian Plumbing Group (LSE:VIC) 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.

Victorian Plumbing Group Debt-to-Equity Related Terms

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Victorian Plumbing Group (LSE:VIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Victorian Plumbing Group PLC (LSE:VIC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

637:Germany

Address

22 Grimrod Place, Skelmersdale, GBR, WN8 9UU

Website

https://www.victorianplumbingplc.com

Victorian Plumbing Group PLC is an online retailer of bathroom products and accessories, offering a one-stop-shop solution for the entire bathroom. It offers a wide range of over 24,000 products to business to customer and trade customers, with more than 125 brands across a wide spectrum of price points and it also design and develops exclusive new products in-house.

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