Easyhome New Retail Group Co (SZSE:000785) Debt-to-Equity

: 1.23 (As of Sep. 2023)

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Easyhome New Retail Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥3,862 Mil. Easyhome New Retail Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥20,247 Mil. Easyhome New Retail Group Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ¥19,671 Mil. Easyhome New Retail Group Co's debt to equity for the quarter that ended in Sep. 2023 was 1.23.

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 Easyhome New Retail Group Co's Debt-to-Equity or its related term are showing as below:

SZSE:000785' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.93 Max: 1.63
Current: 1.23

During the past 13 years, the highest Debt-to-Equity Ratio of Easyhome New Retail Group Co was 1.63. The lowest was 0.21. And the median was 0.93.

SZSE:000785's Debt-to-Equity is ranked worse than
75.12% of 1005 companies
in the Retail - Cyclical industry
Industry Median: 0.64 vs SZSE:000785: 1.23

Easyhome New Retail Group Co Debt-to-Equity Historical Data

The historical data trend for Easyhome New Retail Group Co'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.

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Easyhome New Retail Group Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.24

0.21

1.59

1.37

1.20

Easyhome New Retail Group Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															1.27	1.20	1.17	1.31	1.23

Competitive Comparison

For the Department Stores subindustry, Easyhome New Retail Group Co'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.

Easyhome New Retail Group Co Debt-to-Equity Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Easyhome New Retail Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Easyhome New Retail Group Co's Debt-to-Equity falls into.

Easyhome New Retail Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Easyhome New Retail Group Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(3425.721	+	20387.095)	/	19771.213
	=	1.20

Easyhome New Retail Group Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(3862.045	+	20247.344)	/	19670.716
	=	1.23

Easyhome New Retail Group Co (SZSE:000785) 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.

Easyhome New Retail Group Co Debt-to-Equity Related Terms

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Easyhome New Retail Group Co (SZSE:000785) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Easyhome New Retail Group Co Ltd (SZSE:000785) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 9 Zhongnan Road, Wuchang District, Hubei Province, Wuhan, CHN, 430071

Website

http://www.zhongshang.com.cn

Easyhome New Retail Group Co Ltd, formerly Wuhan Zhongnan Commercial Group Co Ltd is a China-based commercial and retailing company. It is mainly engaged in commercial property development, shopping mall decoration, and e-commerce business. The company owns department stores, shopping mall, cheap supermarkets, hypermarkets and retail store with China Merchants Plaza Shopping Center, China Merchants Xudong Cheap Price Plaza and Wuhan Pinpin. The firm is also engaged in shop leasing and project development business.

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