GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Pricesmart Inc (NAS:PSMT) » Definitions » Debt-to-Equity

Pricesmart (Pricesmart) Debt-to-Equity : 0.24 (As of Feb. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Pricesmart Debt-to-Equity?

Pricesmart's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $51 Mil. Pricesmart's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $210 Mil. Pricesmart's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $1,094 Mil. Pricesmart's debt to equity for the quarter that ended in Feb. 2024 was 0.24.

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

PSMT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.19   Max: 0.42
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of Pricesmart was 0.42. The lowest was 0.12. And the median was 0.19.

PSMT's Debt-to-Equity is ranked better than
71.94% of 278 companies
in the Retail - Defensive industry
Industry Median: 0.64 vs PSMT: 0.24

Pricesmart Debt-to-Equity Historical Data

The historical data trend for Pricesmart'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.

Pricesmart Debt-to-Equity Chart

Pricesmart Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.40 0.29 0.28 0.25

Pricesmart Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.27 0.25 0.25 0.25 0.24

Competitive Comparison of Pricesmart's Debt-to-Equity

For the Discount Stores subindustry, Pricesmart'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.


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

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

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



Pricesmart Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pricesmart's Debt to Equity Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Pricesmart's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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.


Pricesmart  (NAS:PSMT) 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.


Pricesmart Debt-to-Equity Related Terms

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


Pricesmart (Pricesmart) Business Description

Traded in Other Exchanges
Address
9740 Scranton Road, San Diego, CA, USA, 92121
Pricesmart Inc is principally engaged in operating U.S.-style membership shopping warehouse clubs that offer consumer goods at low prices. The company is headquartered in San Diego, California, United States, and operates stores in Latin America and the Caribbean, with Central America contributing over half of its net warehouse club sales. The company's revenue consists of net warehouse club sales from merchandise sales, membership income from annual membership fees, export sales, and other income, with net warehouse club sales accounting for the majority of the company's total revenue.
Executives
Edgar Zurcher director BURETE ZURCHER, CALLE 1 ERA AUS 9 Y 11, NO 959 BO AMON, SAN JOSE COSTA RICA G2 00000
Sherry S. Bahrambeygui director 9740 SCRANTON ROAD, SAN DIEGO CA 92121
Wayne J Sadin officer: EVP and CIO 9740 SCRANTON RD, SAN DIEGO CA 92121
Ana Luisa Bianchi officer: EVP-Chief Merch. Officer PRICESMART, INC., 9740 SCRANTON RD., SAN DIEGO CA 92121
Francisco Velasco officer: EVP, GC and Secretary PRICESMART, INC., 9740 SCRANTON RD., SAN DIEGO CA 92121
Rodrigo Calvo officer: EVP-Real Estate 9740 SCRANTON ROAD, SAN DIEGO CA 92121
John Thelan director 9740 SCRANTON RD, SAN DIEGO CA 92121
Christopher S Souhrada officer: EVP-Club Operations 9740 SCRANTON RD, SAN DIEGO CA 92121
Gordon H. Hanson director 9640 SCRANTON ROAD, SAN DIEGO CA 92121
Chong Jesus Von officer: EVP-Foods Merchandising PRICESMART, INC., 9740 SCRANTON RD., SAN DIEGO CA 92121
John D Hildebrandt officer: EVP -- Caribbean & Central Am. 4649 MORENA BLVD, SAN DIEGO CA 92117
Robert E Price director, 10 percent owner, officer: Acting Chief Executive Officer 7979 IVANHOE AVE, STE 520, LA JOLLA CA 92037
Price Family Charitable Fund 10 percent owner 7979 IVANHOE AVE, STE 520, LA JOLLA CA 92037
Nicolas Maslowski officer: EVP-Member Experience 9740 SCRANTON RD, SAN DIEGO CA 92121
Juan Ignacio Biehl officer: EVP and CTO 9740 SCRANTON RD., SAN DIEGO CA 92121