What is Upbound Group Debt-to-Equity?
Upbound Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil. Upbound Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,577 Mil. Upbound Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $578 Mil.
Upbound Group's debt to equity for the quarter that ended in Mar. 2024 was 2.73.
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 Upbound Group's Debt-to-Equity or its related term are showing as below:
UPBD'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.75 Med: 2.48 Max: 3.64
Current: 2.86
During the past 13 years, the highest Debt-to-Equity Ratio of Upbound Group was 3.64. The lowest was 0.75. And the median was 2.48.
Upbound Group Debt-to-Equity Historical Data
The historical data trend for Upbound 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.
Upbound Group Debt-to-Equity Chart
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Upbound Group Annual Data
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Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
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|
|
1.12 |
0.80 |
3.64 |
3.19 |
2.86 |
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Upbound Group Quarterly Data
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Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
Mar24 |
| Debt-to-Equity |
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|
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2.44 |
2.46 |
2.58 |
2.86 |
2.73 |
Competitive Comparison of Upbound Group's Debt-to-Equity
For the Software - Application subindustry, Upbound 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.
Upbound Group's Debt-to-Equity Distribution in the Software Industry
For the Software industry and Technology sector, Upbound Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Upbound Group's Debt-to-Equity falls into.
Upbound Group Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Upbound Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Upbound Group's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as
* 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.
Upbound Group (Upbound Group) Business Description
Traded in Other Exchanges
N/A
Address
5501 Headquarters Drive, Plano, TX, USA, 75024
Upbound Group Inc is an omnichannel platform company committed to elevating financial opportunity for all through inclusive, and technology-driven financial solutions that address the evolving needs and aspirations of consumers. It has four operating segments; The Rent-A-Center Business segment operates lease-to-own stores, the Acima segment, offers the lease-to-own transaction to consumers who do not qualify for financing from the traditional retailer, and also offers the lease-to-own transaction through virtual offering solutions across e-commerce, digital, and mobile channels, Mexico segment offers lease-to-own stores in Mexico. The franchising segment offers the sale of rental merchandise to its franchisees. The company derives a majority of its revenue from the Acima segment.
Executives
| Jeffrey J Brown |
other: See Footnote 1 |
19900 MACARTHUR BLVD, SUITE 570, IRVINE CA 92612 |
| Tyler Montrone |
officer: EVP, Acima |
5501 HEADQUARTERS DRIVE, PLANO TX 75024 |
| Anthony J Blasquez |
officer: EVP, Operations |
5501 HEADQUARTERS DRIVE, PLANO TX 75024 |
| Sudeep Gautam |
officer: EVP, Chief Tech & Digital Off |
5501 HEADQUARTERS DRIVE, PLANO TX 75024 |
| Fahmi Karam |
officer: EVP, Chief Financial Officer |
5501 HEADQUARTERS DRIVE, PLANO TX 75024 |
| Aaron R Allred |
officer: EVP, Acima |
3 DAWN HILL DR, SANDY UT 84092 |
| Mitchell E Fadel |
other: See Footnote 1 |
5501 HEADQUARTERS DRIVE, PLANO TX 75024 |
| Jen You |
director |
5501 HEADQUARTERS DRIVE, PLANO TX 75024 |
| Christopher B. Hetrick |
other: See Footnote 1 |
610 NEWPORT CENTER DRIVE, SUITE 250, NEWPORT BEACH CA 92660 |
| Transient C Taylor |
officer: EVP, Human Resources |
5501 HEADQUARTERS DRIVE, PLANO TX 75024 |
| Maureen B Short |
officer: CFO |
5501 HEADQUARTERS DR, PLANO TX 75024 |
| Ann L Davids |
officer: EVP, Chief Marketing Officer |
5501 HEADQUARTERS DRIVE, PLANO TX 75024 |
| Catherine M Skula |
officer: EVP, Franchising |
5501 HEADQUARTERS DR, C/O RENT-A-CENTER, INC., PLANO TX 75024 |
| Brinson Caleb Silver |
director |
C/O RENT-A-CENTER, INC., 5501 HEADQUARTERS DRIVE, PLANO TX 75024 |
| Harold G Lewis |
director |
5501 HEADQUARTERS DRIVE, PLANO TX 75024 |
Upbound Group (Upbound Group) Headlines
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