CSS Industries (CSS Industries) Debt-to-Equity : 0.45 (As of Dec. 2019)

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What is CSS Industries Debt-to-Equity?

CSS Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $46.0 Mil. CSS Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $37.7 Mil. CSS Industries's Total Stockholders Equity for the quarter that ended in Dec. 2019 was $187.0 Mil. CSS Industries's debt to equity for the quarter that ended in Dec. 2019 was 0.45.

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

CSS's Debt-to-Equity is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 0.64
* Ranked among companies with meaningful Debt-to-Equity only.

CSS Industries Debt-to-Equity Historical Data

The historical data trend for CSS Industries'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.

CSS Industries Debt-to-Equity Chart

CSS Industries Annual Data

Trend

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Debt-to-Equity

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0.16

0.14

CSS Industries Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Debt-to-Equity	Get a 7-Day Free Trial															0.28	0.14	0.52	0.54	0.45

Competitive Comparison of CSS Industries's Debt-to-Equity

For the Specialty Retail subindustry, CSS Industries'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.

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

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

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

CSS Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CSS Industries's Debt to Equity Ratio for the fiscal year that ended in Mar. 2019 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
	=	(26.455	+	0.013)	/	189.931
	=	0.14

CSS Industries's Debt to Equity Ratio for the quarter that ended in Dec. 2019 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
	=	(46.023	+	37.696)	/	186.987
	=	0.45

CSS Industries (NYSE:CSS) 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.

CSS Industries Debt-to-Equity Related Terms

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

CSS Industries (CSS Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » CSS Industries Inc (NYSE:CSS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

450 Plymouth Road, Suite 300, Plymouth Meeting, PA, USA, 19462

Website

https://www.cssindustries.com

CSS Industries Inc is a consumer products company. It is focused on the seasonal, gift and craft categories. The company engages in the creative development, manufacture, procurement, distribution, and sale of products with an omni-channel approach focused primarily on mass market retailers.

Executives

Philip R Broenniman	director	C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
Robert E Chappell	director	C/O GLATFELTER, 96 S GEORGE ST STE 420, YORK PA 17401
Keith W Pfeil	officer: Exec. VP and CFO	GLOBUS MEDICAL, INC., 2560 GENERAL ARMISTEAD AVENUE, AUDUBON PA 19403
Steven W Eck	officer: VP - Finance and Accounting	C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
Scott A Beaumont	director	C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
John J Gavin	director	GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
James E Ksansnak	director	ARAMARK CORPORATION, 1101 MARKET STREET, PHILADELPHIA PA 19107