Woolworths Group (Woolworths Group) Debt-to-Equity : 3.15 (As of Dec. 2023)

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What is Woolworths Group Debt-to-Equity?

Woolworths Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,489 Mil. Woolworths Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9,265 Mil. Woolworths Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,412 Mil. Woolworths Group's debt to equity for the quarter that ended in Dec. 2023 was 3.15.

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

WOLWF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.51 Max: 10.8
Current: 3.15

During the past 13 years, the highest Debt-to-Equity Ratio of Woolworths Group was 10.80. The lowest was 0.26. And the median was 0.51.

WOLWF's Debt-to-Equity is ranked worse than
91.73% of 278 companies
in the Retail - Defensive industry
Industry Median: 0.645 vs WOLWF: 3.15

Woolworths Group Debt-to-Equity Historical Data

The historical data trend for Woolworths 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.

Woolworths Group Debt-to-Equity Chart

Woolworths Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.30

2.13

10.80

2.80

2.45

Woolworths Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.96	2.80	2.61	2.45	3.15

Competitive Comparison of Woolworths Group's Debt-to-Equity

For the Grocery Stores subindustry, Woolworths 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.

Woolworths Group's Debt-to-Equity Distribution in the Retail - Defensive Industry

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

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

Woolworths Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Woolworths Group's Debt to Equity Ratio for the fiscal year 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
	=	(1411.409	+	9148.993)	/	4312.081
	=	2.45

Woolworths Group's Debt to Equity Ratio for the quarter 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
	=	(1489.29	+	9265.06)	/	3411.647
	=	3.15

Woolworths Group (OTCPK:WOLWF) 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.

Woolworths Group Debt-to-Equity Related Terms

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Woolworths Group (Woolworths Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Woolworths Group Ltd (OTCPK:WOLWF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

WWR:Germany WOW:Australia

Address

1 Woolworths Way, P.O. Box 8000, Bella Vista, Baulkham Hills, Sydney, NSW, AUS, 2153

Website

https://www.woolworthsgroup.com.au

Woolworths is Australia's largest retailer. Operations include supermarkets in Australia and New Zealand, and the Big W discount department stores. The Australian food division constitutes the majority of group EBIT, followed by New Zealand supermarkets, while Big W is a minor contributor.

Woolworths Group (Woolworths Group) Headlines

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