GOME Retail Holdings (STU:CKS2) Debt-to-Equity : -5.01 (As of Dec. 2023)

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What is GOME Retail Holdings Debt-to-Equity?

GOME Retail Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3,131.66 Mil. GOME Retail Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €53.66 Mil. GOME Retail Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €-636.47 Mil. GOME Retail Holdings's debt to equity for the quarter that ended in Dec. 2023 was -5.00.

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 GOME Retail Holdings's Debt-to-Equity or its related term are showing as below:

STU:CKS2' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.01 Med: 1.14 Max: 8.49
Current: -5.01

During the past 13 years, the highest Debt-to-Equity Ratio of GOME Retail Holdings was 8.49. The lowest was -5.01. And the median was 1.14.

STU:CKS2's Debt-to-Equity is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.63 vs STU:CKS2: -5.01

GOME Retail Holdings Debt-to-Equity Historical Data

The historical data trend for GOME Retail Holdings'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.

GOME Retail Holdings Debt-to-Equity Chart

GOME Retail Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.31

8.49

1.69

5.93

-5.01

GOME Retail Holdings 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															1.69	1.76	5.93	12.10	-5.01

Competitive Comparison of GOME Retail Holdings's Debt-to-Equity

For the Specialty Retail subindustry, GOME Retail Holdings'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.

GOME Retail Holdings's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where GOME Retail Holdings's Debt-to-Equity falls into.

GOME Retail Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GOME Retail Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(3131.661	+	53.656)	/	-636.465
	=	-5.00

GOME Retail Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(3131.661	+	53.656)	/	-636.465
	=	-5.00

GOME Retail Holdings (STU:CKS2) 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.

GOME Retail Holdings Debt-to-Equity Related Terms

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GOME Retail Holdings (STU:CKS2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » GOME Retail Holdings Ltd (STU:CKS2) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

00493:Hong Kong

Address

8 Finance Street, Suite 2915, 29th Floor, Two International Finance Centre, Central, Hong Kong, HKG

Website

http://www.gome.com.hk

GOME Retail Holdings Ltd is an electrical appliance retailer operating in China and Hong Kong. Its products include audio and video electrical appliances, refrigerating and washing devices, telecommunications devices, and other electronic and technological devices. By geographical segment, the company divides its sales into Chinese regions - Beijing, Guangzhou, Shenzhen, Xi'an, Jinan, Chengdu, Shanghai, and Others. By product categories, revenue is split into Air conditioners, Refrigerators and Washing machines, Telecommunication, Small white appliances, Computer and Digital, and New business.

GOME Retail Holdings (STU:CKS2) Headlines

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