America's Car-Mart (FRA:HC9) Debt-to-Equity : 1.72 (As of Jan. 2024)

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What is America's Car-Mart Debt-to-Equity?

America's Car-Mart's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was €51 Mil. America's Car-Mart's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was €689 Mil. America's Car-Mart's Total Stockholders Equity for the quarter that ended in Jan. 2024 was €431 Mil. America's Car-Mart's debt to equity for the quarter that ended in Jan. 2024 was 1.72.

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 America's Car-Mart's Debt-to-Equity or its related term are showing as below:

FRA:HC9' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 0.69 Max: 2.69
Current: 1.72

During the past 13 years, the highest Debt-to-Equity Ratio of America's Car-Mart was 2.69. The lowest was 0.45. And the median was 0.69.

FRA:HC9's Debt-to-Equity is ranked worse than
88.92% of 1173 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs FRA:HC9: 1.72

America's Car-Mart Debt-to-Equity Historical Data

The historical data trend for America's Car-Mart'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.

America's Car-Mart Debt-to-Equity Chart

America's Car-Mart Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

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0.59

0.92

0.71

1.05

2.69

America's Car-Mart Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															1.38	2.69	1.54	1.70	1.72

Competitive Comparison of America's Car-Mart's Debt-to-Equity

For the Auto & Truck Dealerships subindustry, America's Car-Mart'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.

America's Car-Mart's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, America's Car-Mart's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where America's Car-Mart's Debt-to-Equity falls into.

America's Car-Mart Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

America's Car-Mart's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(582.401	+	639.219)	/	454.948
	=	2.69

America's Car-Mart's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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
	=	(50.833	+	689.007)	/	430.824
	=	1.72

America's Car-Mart (FRA:HC9) 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.

America's Car-Mart Debt-to-Equity Related Terms

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America's Car-Mart (FRA:HC9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » America's Car-Mart Inc (FRA:HC9) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CRMT:USA

Address

1805 North 2nd Street, Suite 401, Rogers, AR, USA, 72756

Website

https://www.car-mart.com

America's Car-Mart Inc is an automotive retailer in us focused exclusively on the Integrated Auto Sales and Finance segment of the used car market. The Company's operations are principally conducted through its two operating subsidiaries, America's Car Mart Inc and Colonial Auto Finance. It primarily sells older model used vehicles and provides financing for substantially all of its customers. The Company earns revenue from the sale of used vehicles and in most cases a related service contract and an accident protection plan product, as well as interest income and late fees from the related financing.

America's Car-Mart (FRA:HC9) Headlines

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