THG (LSE:THG) Debt-to-Equity : 0.97 (As of Dec. 2023)

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What is THG Debt-to-Equity?

THG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £73 Mil. THG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £922 Mil. THG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £1,022 Mil. THG's debt to equity for the quarter that ended in Dec. 2023 was 0.97.

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 THG's Debt-to-Equity or its related term are showing as below:

LSE:THG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48 Med: 0.97 Max: 1.69
Current: 0.97

During the past 7 years, the highest Debt-to-Equity Ratio of THG was 1.69. The lowest was 0.48. And the median was 0.97.

LSE:THG's Debt-to-Equity is ranked worse than
65.97% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs LSE:THG: 0.97

THG Debt-to-Equity Historical Data

The historical data trend for THG'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.

THG Debt-to-Equity Chart

THG Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.69

0.67

0.48

0.78

0.97

THG Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							0.48	0.50	0.78	0.86	0.97

Competitive Comparison of THG's Debt-to-Equity

For the Internet Retail subindustry, THG'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.

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

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

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

THG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

THG'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
	=	(72.563	+	922.451)	/	1021.667
	=	0.97

THG'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
	=	(72.563	+	922.451)	/	1021.667
	=	0.97

THG (LSE:THG) 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.

THG Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of THG's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

THG (LSE:THG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » THG PLC (LSE:THG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

THGPF:USA THGl:UK

Address

Icon 1, Sunbank Lane, Ringway, Altrincham, GBR, WA15 0AF

Website

https://www.thg.com

THG PLC is an online retailer. It provides an end-to-end direct-to-consumer ("D2C") e-commerce solution for consumer brand owners under a Software as a Service, in addition to stand-alone services, including hosting, content creation and translation. Its business is operated through four businesses: THG Ingenuity, THG Nutrition, THG Beauty and Other. The company operates in the United Kingdom.