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Vista Outdoor (Vista Outdoor) Debt-to-Equity : 0.85 (As of Dec. 2023)


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What is Vista Outdoor Debt-to-Equity?

Vista Outdoor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $65 Mil. Vista Outdoor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $859 Mil. Vista Outdoor's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,083 Mil. Vista Outdoor's debt to equity for the quarter that ended in Dec. 2023 was 0.85.

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

VSTO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21   Med: 0.85   Max: 1.4
Current: 0.85

During the past 12 years, the highest Debt-to-Equity Ratio of Vista Outdoor was 1.40. The lowest was 0.21. And the median was 0.85.

VSTO's Debt-to-Equity is ranked worse than
64.39% of 688 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs VSTO: 0.85

Vista Outdoor Debt-to-Equity Historical Data

The historical data trend for Vista Outdoor'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.

Vista Outdoor Debt-to-Equity Chart

Vista Outdoor Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 1.33 0.78 0.66 1.02

Vista Outdoor 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 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 0.92 1.02 0.92 0.85 0.85

Competitive Comparison of Vista Outdoor's Debt-to-Equity

For the Leisure subindustry, Vista Outdoor'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.


Vista Outdoor's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Vista Outdoor's Debt-to-Equity distribution charts can be found below:

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



Vista Outdoor Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vista Outdoor's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Vista Outdoor's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Vista Outdoor  (NYSE:VSTO) 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.


Vista Outdoor Debt-to-Equity Related Terms

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


Vista Outdoor (Vista Outdoor) Business Description

Traded in Other Exchanges
Address
1 Vista Way, Anoka, MN, USA, 55303
Vista Outdoor Inc designs, develops, and manufactures outdoor sports and recreation products, and is domiciled in the United States. The company organizes itself into two segments: Shooting sports and Outdoor products. Shooting sports, which contributes the largest proportion of company revenue, includes ammunition, long guns, and related equipment under brands such as Federal Premium, Blackhawk, and Hoppe's. Outdoor products include archery and hunting accessories, eyewear, golf products, hydration products, and stand-up paddle boards under brands including CamelBak and Bushnell. The company derives the vast majority of revenue domestically.
Executives
Gary L Mcarthur director HARRIS CORPORATION, 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Yun Jung Choi officer: VP, GC & Corp Secretary C/O BOXED, INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Eric Nyman officer: CEO C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Michael D Robinson director 1291 5TH AVE, SAN FRANCISCO CA 94122
Jason R Vanderbrink officer: President, Ammunition 900 BOB EHLEN DRIVE, ANOKA MN 55303
Jeffrey Ehrich officer: GC & Corp Secretary - Interim 656 EVANS COURT, SHOREVIEW MN 55126
Andrew Keegan officer: Interim CFO 4035 DAHL RD, MOUND MN 55364
Kelly L Reisdorf officer: Chief Comms & IR Officer 1 VISTA WAY, ANOKA MN 55303
Bruce Grooms director C/O EMCORE CORPORATION, 2015 CHESTNUT ST., ALHAMBRA CA 91803
Gerard Gibbons director 616 GLENOVER DRIVE, MILTON GA 30004
Christopher T Metz director, officer: CEO BLACK & DECKER CORP, 701 EAST JOPPA ROAD, TOWSON MD 21286
Dylan Scott Ramsey officer: VP,General Counsel & Secretary 1 VISTA WAY, ANOKA MN 55303
Sudhanshu Shekhar Priyadarshi officer: SVP & CFO 6425 HALL OF FAME LANE, FRISCO TX 75034
Robert M Tarola director 1101 30TH STREET, NW, SUITE 500, WASHINGTON DC 20007
Mark A. Gottfredson director 938 UNIVERSITY PARK BOULEVARD, SUITE 200, CLEARFIELD UT 84015