CVS Bay Area (TSE:2687) Debt-to-Equity : 1.58 (As of Nov. 2023)

CVS Bay Area Debt-to-Equity Chart

CVS Bay Area Annual Data
	Trend	Feb14	Feb15	Feb16	Feb17	Feb18	Feb19	Feb20	Feb21	Feb22	Feb23
Debt-to-Equity		Get a 7-Day Free Trial					0.54	0.85	1.31	1.71	1.63

CVS Bay Area Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial															1.72	1.63	1.60	1.67	1.58

Competitive Comparison of CVS Bay Area's Debt-to-Equity

For the Grocery Stores subindustry, CVS Bay Area'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.

CVS Bay Area's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, CVS Bay Area's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CVS Bay Area's Debt-to-Equity falls into.

CVS Bay Area Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CVS Bay Area's Debt to Equity Ratio for the fiscal year that ended in Feb. 2023 is calculated as

CVS Bay Area's Debt to Equity Ratio for the quarter that ended in Nov. 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.

CVS Bay Area  (TSE:2687) 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.

CVS Bay Area Debt-to-Equity Related Terms

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CVS Bay Area (TSE:2687) Business Description