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Grocery Outlet Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $69 Mil. Grocery Outlet Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,325 Mil. Grocery Outlet Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,219 Mil. Grocery Outlet Holding's debt to equity for the quarter that ended in Dec. 2023 was 1.14.
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 Grocery Outlet Holding's Debt-to-Equity or its related term are showing as below:
During the past 8 years, the highest Debt-to-Equity Ratio of Grocery Outlet Holding was 2.86. The lowest was 1.14. And the median was 1.50.
The historical data trend for Grocery Outlet Holding'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.
Grocery Outlet Holding Annual Data | |||||||||||||||||
Trend | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 1.68 | 1.50 | 1.45 | 1.28 | 1.14 |
Grocery Outlet Holding Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Debt-to-Equity | Get a 7-Day Free Trial | 1.28 | 1.22 | 1.18 | 1.14 | 1.14 |
For the Grocery Stores subindustry, Grocery Outlet Holding'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.
For the Retail - Defensive industry and Consumer Defensive sector, Grocery Outlet Holding's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Grocery Outlet Holding's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Grocery Outlet Holding'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 | |
= | (69.399 | + | 1325.414) | / | 1219.339 | |
= | 1.14 |
Grocery Outlet Holding'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 | |
= | (69.399 | + | 1325.414) | / | 1219.339 | |
= | 1.14 |
* 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.
Grocery Outlet Holding (NAS:GO) 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.
Thank you for viewing the detailed overview of Grocery Outlet Holding's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Thomas F Herman | director | C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608 |
Lindberg Eric J. Jr. | director, officer: Chief Executive Officer | C/O GROCERY OUTLET HOLDING CORP., 56560 HOLLIS STREET, EMERYVILLE CA 94608 |
Pamela B. Burke | officer: CAO, GC & Secretary | C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608 |
Charles Bracher | officer: Chief Financial Officer | C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608 |
Erik D. Ragatz | director | ONE MARITIME PLAZA, 12TH FLOOR, SAN FRANCISCO CA 94111 |
Luke D Thompson | officer: SVP, GC and Secretary | C/O GROCERY OUTLET HOLDING CORP, 5650 HOLLIS STREET, EMERYVILLE CA 94608 |
Calvin Chung | officer: See Remarks | C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608 |
Sheedy Robert Joseph Jr. | officer: President | C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608 |
Lindsay E. Gray | officer: VP Corporate Controller | C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608 |
Steven K. Wilson | officer: SVP, Purchasing | C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608 |
Andrea Renee Bortner | officer: Chief Human Resources Officer | C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608 |
Jeffrey York | director | C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608 |
Brian Mcandrews | officer: See Remarks | C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608 |
Norman S Matthews | director | 650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022 |
Read S. Macgregor Jr. | director, officer: Vice Chairman | C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608 |
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