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Truworths (XZIM:TRUW.ZW) Debt-to-Equity : 0.12 (As of Jun. 2022)


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What is Truworths Debt-to-Equity?

Truworths's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was ZWL44.7 Mil. Truworths's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was ZWL1.1 Mil. Truworths's Total Stockholders Equity for the quarter that ended in Jun. 2022 was ZWL393.0 Mil. Truworths's debt to equity for the quarter that ended in Jun. 2022 was 0.12.

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

XZIM:TRUW.ZW's Debt-to-Equity is not ranked *
in the Retail - Cyclical industry.
Industry Median: 0.61
* Ranked among companies with meaningful Debt-to-Equity only.

Truworths Debt-to-Equity Historical Data

The historical data trend for Truworths'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.

Truworths Debt-to-Equity Chart

Truworths Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 0.50 0.06 0.16 0.12

Truworths Semi-Annual Data
Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.94 0.50 0.06 0.16 0.12

Competitive Comparison of Truworths's Debt-to-Equity

For the Apparel Retail subindustry, Truworths'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.


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

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

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



Truworths Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Truworths's Debt to Equity Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Truworths's Debt to Equity Ratio for the quarter that ended in Jun. 2022 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.


Truworths  (XZIM:TRUW.ZW) 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.


Truworths Debt-to-Equity Related Terms

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


Truworths (XZIM:TRUW.ZW) Business Description

Traded in Other Exchanges
N/A
Address
Stand 808 Seke Road, P. O. Box 2898, Prospect Park, Harare, ZWE
Truworths Ltd is a Zimbabwe-based company engaged in the manufacturing and retailing of fashion apparel and related merchandise. The company has two operating segments including manufacturing and retail. The manufacturing segment sells its products to the retail segment, which sells goods to the public.

Truworths (XZIM:TRUW.ZW) Headlines

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