GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Big Lots Inc (NYSE:BIG) » Definitions » Debt-to-Equity

Big Lots (Big Lots) Debt-to-Equity

: 7.99 (As of Jan. 2024)
View and export this data going back to 1988. Start your Free Trial

Big Lots's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $249 Mil. Big Lots's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $2,023 Mil. Big Lots's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $284 Mil. Big Lots's debt to equity for the quarter that ended in Jan. 2024 was 7.99.

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

BIG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 1.06   Max: 7.99
Current: 7.99

During the past 13 years, the highest Debt-to-Equity Ratio of Big Lots was 7.99. The lowest was 0.08. And the median was 1.06.

BIG's Debt-to-Equity is ranked worse than
98.55% of 276 companies
in the Retail - Defensive industry
Industry Median: 0.65 vs BIG: 7.99

Big Lots Debt-to-Equity Historical Data

The historical data trend for Big Lots'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.

Big Lots Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.83 1.37 1.80 2.71 7.99

Big Lots 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.71 4.05 7.15 7.81 7.99

Competitive Comparison

For the Discount Stores subindustry, Big Lots'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.


Big Lots Debt-to-Equity Distribution

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

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



Big Lots Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Big Lots's Debt to Equity Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Big Lots's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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.


Big Lots  (NYSE:BIG) 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.


Big Lots Debt-to-Equity Related Terms

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


Big Lots (Big Lots) Business Description

Traded in Other Exchanges
Address
4900 East Dublin-Granville Road, Columbus, OH, USA, 43081
Big Lots Inc is principally engaged in operating discount retail stores. The company provides a broad range of merchandise, including food, consumables, soft home products, hard home products, furniture, electronics and accessories, and seasonal products. The company sources the merchandise from traditional and close-out channels. In addition to merchandise, the company sells gift cards, issues merchandise credits, and more. The company operates stores throughout the United States, with around one-third of its stores in California, Texas, Ohio, and Florida.
Executives
Christopher J Mccormick director 669 HALYARD LANE, LONGBOAT KEY FL 34228
Sebastian Digrande director 2 FOLSOM STREET, SAN FRANCISCO CA 94105
Michael Allen Schlonsky officer: Senior Vice President 300 PHILLIPI ROAD, COLUMBUS OH 43228
Robins Ronald A Jr officer: Senior Vice President 6301 FITCH PATH, NEW ALBANY OH 43054
Bruce K Thorn director, officer: CEO & President 15885 SPRAGUE RD, STRONGSVILLE OH 44136-1799
Margarita Giannantonio officer: Executive Vice President 4900 E DUBLIN GRANVILLE RD, COLUMBUS OH 43081
Nicholas E Padovano officer: Senior Vice President 4900 E DUBLIN GRANVILLE RD, COLUMBUS OH 43081
Gurmeet Singh officer: Executive Vice President 2 FOLSOM ST, SAN FRANCISCO CA 94105
Sandra Yvette Campos director 4900 E DUBLIN GRANVILLE RD, COLUMBUS OH 43081
Kimberley Alexis Newton director 4900 E DUBLIN GRANVILLE RD, COLUMBUS OH 43081
James R Chambers director C/O B&G FOODS, INC., 4 GATEHALL DRIVE, SUITE 110, PARSIPPANY NJ 07054
Cynthia T Jamison director TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Gene Eddie Burt officer: Executive Vice President 19601 N 27TH AVE, PHOENIX AZ 85027
Wendy Lee Schoppert director 6105 TRENTON LANE NORTH, MINNEAPOLIS MN 55442
Jack Anthony Pestello officer: Executive Vice President 4900 E DUBLIN GRANVILLE RD, COLUMBUS OH 43081