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Marks & Spencer Group (Marks & Spencer Group) Debt-to-Equity : 1.16 (As of Sep. 2023)


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What is Marks & Spencer Group Debt-to-Equity?

Marks & Spencer Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $415 Mil. Marks & Spencer Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $3,659 Mil. Marks & Spencer Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $3,520 Mil. Marks & Spencer Group's debt to equity for the quarter that ended in Sep. 2023 was 1.16.

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 Marks & Spencer Group's Debt-to-Equity or its related term are showing as below:

MAKSY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.6   Med: 1.13   Max: 1.79
Current: 1.16

During the past 13 years, the highest Debt-to-Equity Ratio of Marks & Spencer Group was 1.79. The lowest was 0.60. And the median was 1.13.

MAKSY's Debt-to-Equity is ranked worse than
72.98% of 1003 companies
in the Retail - Cyclical industry
Industry Median: 0.64 vs MAKSY: 1.16

Marks & Spencer Group Debt-to-Equity Historical Data

The historical data trend for Marks & Spencer Group'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.

Marks & Spencer Group Debt-to-Equity Chart

Marks & Spencer Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 1.11 1.79 1.31 1.29

Marks & Spencer Group 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 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 1.59 1.31 1.23 1.29 1.16

Competitive Comparison of Marks & Spencer Group's Debt-to-Equity

For the Department Stores subindustry, Marks & Spencer Group'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.

Marks & Spencer Group's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Marks & Spencer Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Marks & Spencer Group's Debt-to-Equity falls into.


Marks & Spencer Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Marks & Spencer Group'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
=(538.835 + 3864.078) / 3410.801
=1.29

Marks & Spencer Group'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
=(415.099 + 3659.035) / 3520.05
=1.16

* 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.

Marks & Spencer Group  (OTCPK:MAKSY) 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.

Marks & Spencer Group Debt-to-Equity Related Terms

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Marks & Spencer Group (Marks & Spencer Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Marks & Spencer Group PLC (OTCPK:MAKSY) » Definitions » Debt-to-Equity
Comparable Companies
LSE:SRC LSE:IBST LSE:FORT LSE:BREE LSE:MBH LSE:STCM PHS:SM TSE:8267 LIVEPOL1 DDS JSE:SHP TSE:9005 XSGO:FALABELLA BKK:CRC TSE:3099 M SZSE:000564 XSGO:CENCOSUD TSE:7453 SORIANAB
Traded in Other Exchanges
MAKSF:USA MKSl:UK MKS:UK MA6:Germany
Address
35 North Wharf Road, Waterside House, London, GBR, W2 1NW
Website
https://www.marksandspencer.com
M&S is a British multichannel retailer with stores across Europe, Asia, and the Middle East. The company sells into more than 60 countries from thousands of stores and several websites around the world and offers predominantly own-brand luxury food, clothing, and home products with the majority of sales coming from its U.K. operations. Marks & Spencer operates three business models—owned, franchise, and joint venture—in the U.K. and internationally. The online business globally is delivered through localized owned and franchised websites and partnerships. The food segment includes value products, convenient ready-made meals, and healthy items. The clothing and home division sells own-brand and high-quality womenswear, lingerie, menswear, kidswear, beauty, and home products.