Conn's (Conn's) Debt-to-Equity

: 2.93 (As of Oct. 2023)

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Conn's's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $68 Mil. Conn's's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $1,077 Mil. Conn's's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $391 Mil. Conn's's debt to equity for the quarter that ended in Oct. 2023 was 2.93.

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

CONN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.84 Med: 1.89 Max: 3.15
Current: 2.93

During the past 13 years, the highest Debt-to-Equity Ratio of Conn's was 3.15. The lowest was 0.84. And the median was 1.89.

CONN's Debt-to-Equity is ranked worse than
90.65% of 1005 companies
in the Retail - Cyclical industry
Industry Median: 0.64 vs CONN: 2.93

Conn's Debt-to-Equity Historical Data

The historical data trend for Conn's'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.

Conn's Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Debt-to-Equity

1.54

2.22

1.81

1.48

2.03

Conn's Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Debt-to-Equity																1.79	2.03	2.18	2.41	2.93

Competitive Comparison

For the Specialty Retail subindustry, Conn's'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.

Conn's Debt-to-Equity Distribution

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

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

Conn's Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Conn's's Debt to Equity Ratio for the fiscal year that ended in Jan. 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
	=	(54.145	+	967.188)	/	502.41
	=	2.03

Conn's's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(68.237	+	1077.003)	/	390.568
	=	2.93

Conn's (NAS:CONN) 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.

Conn's Debt-to-Equity Related Terms

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Conn's (Conn's) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Conn's Inc (NAS:CONN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CN4:Germany

Address

2445 Technology Forest Boulevard, Suite 800, The Woodlands, TX, USA, 77381

Website

https://www.conns.com

Conn's Inc is a United-States-based specialty retailer engaged in the sale of durable consumer goods and related services. The company operates through two segments. The retail segment sells a broad range of merchandise, including furniture and mattress products, home appliances, consumer electronics, and home office products. The credit segment provides credit solutions for credit-constrained consumers based on customer risk and income level. A material portion of the company's customers finances purchases through its credit segment. The company focuses its business on the U.S. and generates its revenue from the retail segment.

Executives

Stephens Group, Llc	10 percent owner	100 RIVER BLUFF DRIVE, SUITE 500, LITTLE ROCK AR 72202
Ann B Gugino	director	1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55120
Timothy P Santo	officer: Chief Accounting Officer	2445 TECHNOLOGY FOREST BLVD., STE. 800, THE WOODLANDS TX 77381
Karen Hartje	director	251 1ST AVENUE N, SUITE 200, MINNEAPOLIS MN 55401-1672
Douglas H Martin	director, 10 percent owner	C/O STEPHENS INC, 111 CENTER ST, LITTLE ROCK AR 72201
Paula W. & John P. Calhoun Family Trust - Wmas	10 percent owner	111 CENTER STREET, SUITE 2300, LITTLE ROCK AR 72201
Warren Miles Amerine Stephens Family Trust One	10 percent owner	111 CENTER STREET, SUITE 2300, LITTLE ROCK AR 72201
Brian Daly	officer: Chief Human Resources Officer	4055 TECHNOLOGY FOREST BLVD., STE. 210, THE WOODLANDS TX 77381
Warren A Stephens	10 percent owner	111 CENTER STREET, LITTLE ROCK AR 72201
Harriet C Stephens	10 percent owner	C/O STEPHENS INC, 111 CENTER ST, LITTLE ROCK AR 72201
Was Family Trust Five	10 percent owner	111 CENTER STREET, SUITE 2300, LITTLE ROCK AR 72201
Stephens Warren A Trust Uid 9/30/87	10 percent owner	C/O STEPHENS INC, 111 CENTER ST, LITTLE ROCK AR 72201
Thomas John Fenton	officer: Chief Credit Officer	2445 TECHNOLOGY FOREST BLVD., SUITE 800, THE WOODLANDS TX 77381
Warren Miles Stephens	10 percent owner	111 CENTER STREET, SUITE 2300, LITTLE ROCK AR 72201
John Calhoun Stephens	10 percent owner	111 CENTER STREET, SUITE 2300, LITTLE ROCK AR 72201