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Compagnie Financiere Richemont Debt-to-Equity

: 0.76 (As of Mar. 2022)
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Compagnie Financiere Richemont's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $6,561 Mil. Compagnie Financiere Richemont's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $10,012 Mil. Compagnie Financiere Richemont's Total Stockholders Equity for the quarter that ended in Mar. 2022 was $21,822 Mil. Compagnie Financiere Richemont's debt to equity for the quarter that ended in Mar. 2022 was 0.76.

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 Compagnie Financiere Richemont's Debt-to-Equity or its related term are showing as below:

CFRHF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.14   Max: 0.77
Current: 0.76

During the past 13 years, the highest Debt-to-Equity Ratio of Compagnie Financiere Richemont was 0.77. The lowest was 0.06. And the median was 0.14.

CFRHF's Debt-to-Equity is ranked worse than
56.96% of 992 companies
in the Retail - Cyclical industry
Industry Median: 0.60 vs CFRHF: 0.76

Compagnie Financiere Richemont Debt-to-Equity Historical Data

The historical data trend for Compagnie Financiere Richemont'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.

Compagnie Financiere Richemont Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 0.43 0.57 0.77 0.76

Compagnie Financiere Richemont Semi-Annual Data
Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22
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 0.57 0.78 0.77 0.79 0.76

Competitive Comparison

For the Luxury Goods subindustry, Compagnie Financiere Richemont'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.

   

Compagnie Financiere Richemont Debt-to-Equity Distribution

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

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



Compagnie Financiere Richemont Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Compagnie Financiere Richemont's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
=(6560.5726872247 + 10012.114537445) / 21821.585903084
=0.76

Compagnie Financiere Richemont's Debt to Equity Ratio for the quarter that ended in Mar. 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
=(6560.5726872247 + 10012.114537445) / 21821.585903084
=0.76

* 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.


Compagnie Financiere Richemont  (OTCPK:CFRHF) 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.


Compagnie Financiere Richemont Debt-to-Equity Related Terms

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


Compagnie Financiere Richemont Business Description

Compagnie Financiere Richemont logo
Address
50, Chemin de la Chenaie, CP 30, Bellevue, Geneva, CHE, 1293
Richemont is a luxury goods conglomerate with 20 brands. Jewellery and watch brands make up over 70% of sales, but the group is also active in accessories, writing instruments, clothing and online luxury retail. Richemont's Jewellery Maisons, including Cartier and Van Cleef & Arpels, account for 56% of revenue and over 95% of profits. Its other brands include Vacheron Constantin, Piaget, Jaeger-LeCoultre, IWC Schaffhausen, Lange & Soehne, Officine Panerai, and Montblanc. Online businesses include Yoox Net-a-Porter.

Compagnie Financiere Richemont Headlines

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