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Pep Boys - Manny Moe & Jack (NYSE:PBY)
Debt-to-Equity
0.36 (As of Oct. 2015)

Pep Boys - Manny Moe & Jack's current portion of long-term debt for the quarter that ended in Oct. 2015 was \$2 Mil. Pep Boys - Manny Moe & Jack's long-term debt for the quarter that ended in Oct. 2015 was \$193 Mil. Pep Boys - Manny Moe & Jack's total equity for the quarter that ended in Oct. 2015 was \$548 Mil. Pep Boys - Manny Moe & Jack's debt to equity for the quarter that ended in Oct. 2015 was 0.36.

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.

Definition

Debt to Equity measures the financial leverage a company has.

Pep Boys - Manny Moe & Jack's Debt to Equity Ratio for the fiscal year that ended in Jan. 2015 is calculated as

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (2 + 211) / 524.15 = 0.41

Pep Boys - Manny Moe & Jack's Debt to Equity Ratio for the quarter that ended in Oct. 2015 is calculated as

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (2 + 192.5) / 547.692 = 0.36

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

In the calculation of Debt to Equity, we use the total of Current Portion of Long-Term Debt and Long-Term Debt divided by Total Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its Return on Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return on Equity companies.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Pep Boys - Manny Moe & Jack Annual Data

 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 deb2equity 0.99 0.95 0.85 0.84 0.69 0.62 0.59 0.37 0.37 0.41

Pep Boys - Manny Moe & Jack Quarterly Data

 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 deb2equity 0.36 0.36 0.37 0.37 0.40 0.42 0.41 0.36 0.36 0.36
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