Remy Cointreau (Remy Cointreau) Debt-to-Equity : 0.49 (As of Sep. 2023)

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What is Remy Cointreau Debt-to-Equity?

Remy Cointreau's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $188 Mil. Remy Cointreau's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $738 Mil. Remy Cointreau's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1,897 Mil. Remy Cointreau's debt to equity for the quarter that ended in Sep. 2023 was 0.49.

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

REMYF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.36 Max: 0.59
Current: 0.49

During the past 13 years, the highest Debt-to-Equity Ratio of Remy Cointreau was 0.59. The lowest was 0.25. And the median was 0.36.

REMYF's Debt-to-Equity is ranked worse than
56.59% of 182 companies
in the Beverages - Alcoholic industry
Industry Median: 0.385 vs REMYF: 0.49

Remy Cointreau Debt-to-Equity Historical Data

The historical data trend for Remy Cointreau'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.

Remy Cointreau Debt-to-Equity Chart

Remy Cointreau Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.37

0.51

0.33

0.28

0.35

Remy Cointreau Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.25	0.28	0.26	0.35	0.49

Competitive Comparison of Remy Cointreau's Debt-to-Equity

For the Beverages - Wineries & Distilleries subindustry, Remy Cointreau'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.

Remy Cointreau's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Remy Cointreau's Debt-to-Equity distribution charts can be found below:

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

Remy Cointreau Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Remy Cointreau'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
	=	(305.567	+	347.859)	/	1878.373
	=	0.35

Remy Cointreau's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(188.474	+	737.994)	/	1897.225
	=	0.49

Remy Cointreau (OTCPK:REMYF) 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.

Remy Cointreau Debt-to-Equity Related Terms

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Remy Cointreau (Remy Cointreau) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Remy Cointreau (OTCPK:REMYF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

REMYY:USA 0MGU:UK RCOp:UK RCO:France RMC:Germany

Address

Rue Joseph Pataa, Cognac, FRA, 16100

Website

https://www.remy-cointreau.com

Remy Cointreau is the world's second-largest distiller of cognac by volume, with a 15.8% global volume share in 2022, according to Euromonitor. Cognac represented 72% of Remy's sales and 90% of EBIT in the same year. The remainder of Remy's portfolio is made up of much smaller group-owned brands, including Cointreau orange liqueur, Metaxa Greek spirit, Mount Gay rum, Bruichladdich single malt scotch, The Botanist gin, Hautes Glaces French whiskey, and Westland American whiskey. The company also distributes third-party brands and in 2023 entered the fragrance business. Remy is controlled by the Andromede family, which owns 41% equity interest and consolidates the business in the Andromede Group. The Cointreau family owns a further 27%, and 41% of the equity is free float.

Remy Cointreau (Remy Cointreau) Headlines

From GuruFocus

Remy-Cointreau a Great Company but Expensive Stock

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