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Treasury Wine Estates (Treasury Wine Estates) Debt-to-Equity : 0.45 (As of Dec. 2023)


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What is Treasury Wine Estates Debt-to-Equity?

Treasury Wine Estates's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $53 Mil. Treasury Wine Estates's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,374 Mil. Treasury Wine Estates's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,173 Mil. Treasury Wine Estates's debt to equity for the quarter that ended in Dec. 2023 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 Treasury Wine Estates's Debt-to-Equity or its related term are showing as below:

TSRYY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09   Med: 0.31   Max: 0.53
Current: 0.45

During the past 13 years, the highest Debt-to-Equity Ratio of Treasury Wine Estates was 0.53. The lowest was 0.09. And the median was 0.31.

TSRYY's Debt-to-Equity is ranked worse than
53.3% of 182 companies
in the Beverages - Alcoholic industry
Industry Median: 0.385 vs TSRYY: 0.45

Treasury Wine Estates Debt-to-Equity Historical Data

The historical data trend for Treasury Wine Estates'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.

Treasury Wine Estates Debt-to-Equity Chart

Treasury Wine Estates Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.53 0.43 0.44 0.50

Treasury Wine Estates Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.51 0.44 0.49 0.50 0.45

Competitive Comparison of Treasury Wine Estates's Debt-to-Equity

For the Beverages - Wineries & Distilleries subindustry, Treasury Wine Estates'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.


Treasury Wine Estates's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

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

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



Treasury Wine Estates Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Treasury Wine Estates's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Treasury Wine Estates's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Treasury Wine Estates  (OTCPK:TSRYY) 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.


Treasury Wine Estates Debt-to-Equity Related Terms

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


Treasury Wine Estates (Treasury Wine Estates) Business Description

Traded in Other Exchanges
Address
161 Collins Street, Level 8, Melbourne, VIC, AUS, 3000
Treasury Wine Estates is an Australia-based global wine company that demerged from Foster's Group in 2011. The company is among the world's top five wine producers, and owns a portfolio that includes Australian labels such as Penfolds and Wolf Blass, U.S. wines like Chateau St Jean and Sterling, and newly launched names such as 19 Crimes and Maison de Grand Esprit. An acquisition of Diageo's wine business in 2016 added additional U.S. brands including BV and Stags' Leap. Treasury owns over 130 wineries, with more than 13,000 planted hectares.

Treasury Wine Estates (Treasury Wine Estates) Headlines

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