Watches of Switzerland Group (LSE:WOSG) Debt-to-Equity : 1.02 (As of Oct. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Watches of Switzerland Group Debt-to-Equity?

Watches of Switzerland Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £52 Mil. Watches of Switzerland Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £476 Mil. Watches of Switzerland Group's Total Stockholders Equity for the quarter that ended in Oct. 2023 was £516 Mil. Watches of Switzerland Group's debt to equity for the quarter that ended in Oct. 2023 was 1.02.

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 Watches of Switzerland Group's Debt-to-Equity or its related term are showing as below:

LSE:WOSG' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.02 Med: 1.99 Max: 3.49
Current: 1.02

During the past 8 years, the highest Debt-to-Equity Ratio of Watches of Switzerland Group was 3.49. The lowest was 1.02. And the median was 1.99.

LSE:WOSG's Debt-to-Equity is ranked worse than
68.36% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs LSE:WOSG: 1.02

Watches of Switzerland Group Debt-to-Equity Historical Data

The historical data trend for Watches of Switzerland 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.

Watches of Switzerland Group Debt-to-Equity Chart

Watches of Switzerland Group Annual Data

Trend

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

Get a 7-Day Free Trial

3.49

2.54

1.68

1.27

1.13

Watches of Switzerland Group Semi-Annual Data
	Apr16	Apr17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial									1.37	1.27	1.27	1.13	1.02

Competitive Comparison of Watches of Switzerland Group's Debt-to-Equity

For the Luxury Goods subindustry, Watches of Switzerland 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.

Watches of Switzerland Group's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Watches of Switzerland Group's Debt-to-Equity falls into.

Watches of Switzerland Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Watches of Switzerland Group's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(47.4	+	483)	/	469.3
	=	1.13

Watches of Switzerland Group's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(51.5	+	476.1)	/	515.8
	=	1.02

Watches of Switzerland Group (LSE:WOSG) 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.

Watches of Switzerland Group Debt-to-Equity Related Terms

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

Watches of Switzerland Group (LSE:WOSG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Watches of Switzerland Group PLC (LSE:WOSG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

WOSGF:USA WOSGl:UK 5WS:Germany

Address

2 Elland Road, Aurum House, Braunstone, Leicester, GBR, LE3 1TT

Website

https://www.thewosgroupplc.com

Watches of Switzerland Group PLC is a retailer of luxury watches in the United Kingdom. Other than luxury watch offerings, the company also offers luxury jewellery, fashion, and classic watches and a range of watch and jewellery aftercare services. The company's geographical segments are the United Kingdom and the United States, of which the majority of the revenue comes from the United Kingdom.

Watches of Switzerland Group (LSE:WOSG) Headlines

No Headlines