ABC-Mart (TSE:2670) Debt-to-Equity : 0.02 (As of Nov. 2023)

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What is ABC-Mart Debt-to-Equity?

ABC-Mart's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円4,862 Mil. ABC-Mart's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円0 Mil. ABC-Mart's Total Stockholders Equity for the quarter that ended in Nov. 2023 was 円329,216 Mil. ABC-Mart's debt to equity for the quarter that ended in Nov. 2023 was 0.01.

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

TSE:2670' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.27
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of ABC-Mart was 0.27. The lowest was 0.01. And the median was 0.01.

TSE:2670's Debt-to-Equity is ranked better than
99.9% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs TSE:2670: 0.01

ABC-Mart Debt-to-Equity Historical Data

The historical data trend for ABC-Mart'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.

ABC-Mart Debt-to-Equity Chart

ABC-Mart Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-Equity

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0.01

0.03

0.01

ABC-Mart 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															0.03	0.02	0.01	0.02	0.01

Competitive Comparison of ABC-Mart's Debt-to-Equity

For the Apparel Retail subindustry, ABC-Mart'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.

ABC-Mart's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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

ABC-Mart Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ABC-Mart's Debt to Equity Ratio for the fiscal year that ended in Feb. 2024 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
	=	(2594	+	0)	/	339443
	=	0.01

ABC-Mart's Debt to Equity Ratio for the quarter that ended in Nov. 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
	=	(4862	+	0)	/	329216
	=	0.01

ABC-Mart (TSE:2670) 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.

ABC-Mart Debt-to-Equity Related Terms

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

ABC-Mart (TSE:2670) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ABC-Mart Inc (TSE:2670) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

5B8:Germany

Address

19F Shibuya Mark City West, located on registration No. 5, No. 11 1-chome, Shibuya-ku, Tokyo, JPN, 150-0041

Website

http://www.abc-mart.co.jp

ABC-Mart Inc is a retailer that focuses on shoes, primarily selling global third-party athletic and non-athletic shoe brands such as Nike, Adidas, Asics, New Balance, Rockport, Vans, Sketchers, and Timberland. The company also develops and manufactures shoes for brands that it licenses or owns, including Danner, LaCrosse, and White's Boots. Most of the company's sales are generated in Japan, where the vast majority of ABC-Mart's stores are located. Most other company stores are located in South Korea and Taiwan.

ABC-Mart (TSE:2670) Headlines

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