XXL ASA (OSL:XXL) Debt-to-Equity : 1.52 (As of Mar. 2024)

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What is XXL ASA Debt-to-Equity?

XXL ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr1,594 Mil. XXL ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr1,706 Mil. XXL ASA's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr2,165 Mil. XXL ASA's debt to equity for the quarter that ended in Mar. 2024 was 1.52.

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

OSL:XXL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33 Med: 0.77 Max: 2.29
Current: 1.52

During the past 13 years, the highest Debt-to-Equity Ratio of XXL ASA was 2.29. The lowest was 0.33. And the median was 0.77.

OSL:XXL's Debt-to-Equity is ranked worse than
79.98% of 1004 companies
in the Retail - Cyclical industry
Industry Median: 0.64 vs OSL:XXL: 1.52

XXL ASA Debt-to-Equity Historical Data

The historical data trend for XXL ASA'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.

XXL ASA Debt-to-Equity Chart

XXL ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.28

0.88

0.91

1.22

1.44

XXL ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.10	1.26	1.02	1.44	1.52

Competitive Comparison of XXL ASA's Debt-to-Equity

For the Specialty Retail subindustry, XXL ASA'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.

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

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

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

XXL ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

XXL ASA'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
	=	(1591	+	1804)	/	2364
	=	1.44

XXL ASA's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(1594	+	1706)	/	2165
	=	1.52

XXL ASA (OSL:XXL) 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.

XXL ASA Debt-to-Equity Related Terms

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

XXL ASA (OSL:XXL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » XXL ASA (OSL:XXL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

XXLo:Sweden 0R3P:UK 2XX:Germany

Address

Stromsveien 245, Alna Center, Oslo, NOR, N-0668

Website

https://www.xxlasa.com

XXL ASA is a sports retailer operating in Norway, Sweden, and Finland. The company strategy is to offer the lowest prices and the broadest assortment of products with focus on branded goods. The products are organized into six product categories: shoes, sportwear, outdoor, ski/bike, hunting and sports, and health and fitness. The product categories provide equipment, casual wear, sportswear, shoes, sleeping bags, cooking equipment, firearms, binoculars, GPS equipment, knives, axes, backpacks, and maps for various sports, including water sports, football, golf, tennis, ski, snowboarding, and hunting. The brands offered are mainly well-known and international: Nike, Adidas, Puma, O'Neill, Scott, Umarex, Nikon, Atomic, Fischer, Rossignol, Oakley, and Commaster, among others.

XXL ASA (OSL:XXL) Headlines

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