MYT Netherlands Parent BV (MYT Netherlands Parent BV) Debt-to-Equity : 0.18 (As of Mar. 2024)

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What is MYT Netherlands Parent BV Debt-to-Equity?

MYT Netherlands Parent BV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $38.3 Mil. MYT Netherlands Parent BV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $46.5 Mil. MYT Netherlands Parent BV's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $479.5 Mil. MYT Netherlands Parent BV's debt to equity for the quarter that ended in Mar. 2024 was 0.18.

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 MYT Netherlands Parent BV's Debt-to-Equity or its related term are showing as below:

MYTE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.13 Max: 3.43
Current: 0.18

During the past 7 years, the highest Debt-to-Equity Ratio of MYT Netherlands Parent BV was 3.43. The lowest was 0.04. And the median was 0.13.

MYTE's Debt-to-Equity is ranked better than
78.7% of 1000 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs MYTE: 0.18

MYT Netherlands Parent BV Debt-to-Equity Historical Data

The historical data trend for MYT Netherlands Parent BV'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.

MYT Netherlands Parent BV Debt-to-Equity Chart

MYT Netherlands Parent BV Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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1.33

3.43

0.04

0.05

0.13

MYT Netherlands Parent BV Quarterly Data
	Jun18	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.14	0.13	0.16	0.13	0.18

Competitive Comparison of MYT Netherlands Parent BV's Debt-to-Equity

For the Luxury Goods subindustry, MYT Netherlands Parent BV'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.

MYT Netherlands Parent BV's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MYT Netherlands Parent BV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where MYT Netherlands Parent BV's Debt-to-Equity falls into.

MYT Netherlands Parent BV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MYT Netherlands Parent BV's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(8.835	+	53.649)	/	484.756
	=	0.13

MYT Netherlands Parent BV'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
	=	(38.284	+	46.517)	/	479.482
	=	0.18

MYT Netherlands Parent BV (NYSE:MYTE) 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.

MYT Netherlands Parent BV Debt-to-Equity Related Terms

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MYT Netherlands Parent BV (MYT Netherlands Parent BV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » MYT Netherlands Parent BV (NYSE:MYTE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Einsteinring 9, Munich, BY, DEU, 85609

Website

https://www.mytheresa.com

MYT Netherlands Parent BV is a luxury e-commerce platform. The company offers luxury fashion wear for men, women, and kids. Also, the company sells shoes, bags, and accessories.