Crown Crafts (Crown Crafts) Debt-to-Equity

: 0.52 (As of Dec. 2023)

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Crown Crafts's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.48 Mil. Crown Crafts's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $23.07 Mil. Crown Crafts's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $51.23 Mil. Crown Crafts's debt to equity for the quarter that ended in Dec. 2023 was 0.52.

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

CRWS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.11 Max: 0.61
Current: 0.52

During the past 13 years, the highest Debt-to-Equity Ratio of Crown Crafts was 0.61. The lowest was 0.03. And the median was 0.11.

CRWS's Debt-to-Equity is ranked worse than
63.97% of 383 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.35 vs CRWS: 0.52

Crown Crafts Debt-to-Equity Historical Data

The historical data trend for Crown Crafts'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 0.11 [6] => 0.18 [7] => 0.15 [8] => 0.06 [9] => 0.61 )

Crown Crafts Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.11

0.18

0.15

0.06

0.61

Crown Crafts Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.03	0.61	0.48	0.52	0.52

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, Crown Crafts'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.

Crown Crafts Debt-to-Equity Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Crown Crafts's Debt-to-Equity distribution charts can be found below:

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

Crown Crafts Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Crown Crafts's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(2.427	+	27.563)	/	49.214
	=	0.61

Crown Crafts's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(3.48	+	23.07)	/	51.225
	=	0.52

Crown Crafts (NAS:CRWS) 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.

Crown Crafts Debt-to-Equity Related Terms

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Crown Crafts (Crown Crafts) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Crown Crafts Inc (NAS:CRWS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

916 S. Burnside Avenue, Gonzales, LA, USA, 70737

Website

https://www.crowncrafts.com

Crown Crafts Inc operates in the infant and toddler products segment of the consumer products industry through its wholly-owned subsidiaries. The infant and toddler products segment consists of infant and toddler bedding, bibs, soft bath products, disposable products, and accessories. The company serves a diverse range of customers including mass merchants, mid-tier retailers, juvenile specialty stores, value channel stores, grocery and drug stores, restaurants, internet accounts, wholesale clubs, and internet-based retailers. The company's brands include NoJo, Neat Solutions, Sassy, and Carousel. Its products are marketed under a variety of company-owned trademarks, under trademarks licensed from others, and as private-label goods.

Executives

Donald R Ratajczak	director	THE HARTSFIELD COLONNADE, 4893 RIVERDALE RD STE 260, ATLANTA GA 30337
Zenon S Nie	director
Michael Benstock	director	C/O SUPERIOR UNIFORM GROUP INC, 10055 SEMINOLE BLVD, SEMINOLE FL 33772
E Randall Chestnut	director, officer: President and CEO
Craig Demarest	officer: VP and CFO	C/O TIDEWATER, INC, 601 POYDRAS STREET, SUITE 1900, NEW ORLEANS LA 70130
Nanci Freeman	officer: Pres & CEO/Infant Products Div	5882 BOLSA AVE SUITE 100, HUNTINGTON CA 92849
Donna Sheridan	officer: Pres & CEO / NoJo Baby & Kids	711 WEST WALNUT STREET, COMPTON CA 90220
Patricia Stensrud	director	P.O. BOX 1028, GONZALES LA 70707
Kenneth C. Cowart	officer: Director, Information Systems	P.O. BOX 1028, GONZALES LA 70707
Stephen Guyer	officer: VP Procurement/Infant Products	711 WEST WALNUT STREET, COMPTON CA 90220
Susan I. Christensen	officer: VP Sales/Infant Products Div	711 WEST WALNUT STREET, COMPTON CA 90220
Wynnefield Partners Small Cap Value Lp	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Debra Dunne	officer: VP Design/Infant Products Div	711 WEST WALNUT STREET, COMPTON CA 90220
Melvin L Keating	director	18 DRIFTWOOD DRIVE, LIVINGSTON NJ 07039
Jon C Biro	director	5858 WESTHEIMER, SUITE 200, HOUSTON TX 77057