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Xtep International Holdings (Xtep International Holdings) Debt-to-Equity

: 0.43 (As of Dec. 2023)
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Xtep International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $212 Mil. Xtep International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $320 Mil. Xtep International Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,241 Mil. Xtep International Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.43.

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 Xtep International Holdings's Debt-to-Equity or its related term are showing as below:

XTEPY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3   Med: 0.36   Max: 0.43
Current: 0.43

During the past 13 years, the highest Debt-to-Equity Ratio of Xtep International Holdings was 0.43. The lowest was 0.30. And the median was 0.36.

XTEPY's Debt-to-Equity is ranked better than
60.42% of 1003 companies
in the Retail - Cyclical industry
Industry Median: 0.64 vs XTEPY: 0.43

Xtep International Holdings Debt-to-Equity Historical Data

The historical data trend for Xtep International Holdings'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.

Xtep International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.33 0.35 0.42 0.43

Xtep International Holdings 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 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 0.35 0.38 0.42 0.41 0.43

Competitive Comparison

For the Apparel Retail subindustry, Xtep International Holdings'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.


Xtep International Holdings Debt-to-Equity Distribution

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

* The bar in red indicates where Xtep International Holdings's Debt-to-Equity falls into.



Xtep International Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Xtep International Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Xtep International Holdings'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.


Xtep International Holdings  (OTCPK:XTEPY) 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.


Xtep International Holdings Debt-to-Equity Related Terms

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


Xtep International Holdings (Xtep International Holdings) Business Description

Traded in Other Exchanges
Address
No. 89 Jiayi Road, Xiamen Xtep Tower, Guanyinshan Siming District, Fujian Province, Xiamen, CHN, 361008
Xtep International Holdings Ltd owns the Chinese sportswear brand XTEP. The company markets its brand as a stylish professional sports brand with a focus on running gear. Footwear accounts for more than half of the company's revenue. The remaining revenue comes from apparel sales. The company has thousands of XTEP retail stores in China that are primarily operated by the company's distributors or authorized retailers. It also sells online through its website and third-party e-commerce platforms. In addition to China, Xtep has distributors in the Middle East, Europe, and Southeast Asia.

Xtep International Holdings (Xtep International Holdings) Headlines