Cazoo Group (Cazoo Group) Debt-to-Equity

: -6.88 (As of Jun. 2023)

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Cazoo Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $131 Mil. Cazoo Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $546 Mil. Cazoo Group's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-98 Mil. Cazoo Group's debt to equity for the quarter that ended in Jun. 2023 was -6.88.

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

CZOO' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.88 Med: 0.59 Max: 8.94
Current: -6.88

During the past 4 years, the highest Debt-to-Equity Ratio of Cazoo Group was 8.94. The lowest was -6.88. And the median was 0.59.

CZOO's Debt-to-Equity is not ranked
in the Vehicles & Parts industry.
Industry Median: 0.48 vs CZOO: -6.88

Cazoo Group Debt-to-Equity Historical Data

The historical data trend for Cazoo Group'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.

Cazoo Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

0.60

0.42

0.48

8.94

Cazoo Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity				0.59	0.48	1.46	8.94	-6.88

Competitive Comparison

For the Auto & Truck Dealerships subindustry, Cazoo Group'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.

Cazoo Group Debt-to-Equity Distribution

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

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

Cazoo Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cazoo Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(253.326	+	536.804)	/	88.428
	=	8.94

Cazoo Group's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(130.501	+	546.138)	/	-98.4
	=	-6.88

Cazoo Group (NYSE:CZOO) 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.

Cazoo Group Debt-to-Equity Related Terms

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Cazoo Group (Cazoo Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cazoo Group Ltd (NYSE:CZOO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

41 Chalton Street, London, GBR, NW1 1JD

Website

https://www.cazoo.co.uk

Cazoo Group Ltd transforms the car buying experience for consumers across the UK and Europe. It aims to make buying a car an easy experience, where consumers can simply and seamlessly purchase, finance, or subscribe to a car entirely online for either delivery or collection in less time.