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ASOS (ASOMY) Debt-to-Equity : 1.59 (As of Feb. 2024)


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What is ASOS Debt-to-Equity?

ASOS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $47 Mil. ASOS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $1,196 Mil. ASOS's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $782 Mil. ASOS's debt to equity for the quarter that ended in Feb. 2024 was 1.59.

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

ASOMY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13   Med: 0.78   Max: 1.59
Current: 1.59

During the past 13 years, the highest Debt-to-Equity Ratio of ASOS was 1.59. The lowest was 0.13. And the median was 0.78.

ASOMY's Debt-to-Equity is ranked worse than
81.06% of 1003 companies
in the Retail - Cyclical industry
Industry Median: 0.64 vs ASOMY: 1.59

ASOS Debt-to-Equity Historical Data

The historical data trend for ASOS'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.

ASOS Debt-to-Equity Chart

ASOS 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 0.20 0.39 0.77 0.84 1.16

ASOS Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 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 0.78 0.84 1.37 1.16 1.59

Competitive Comparison of ASOS's Debt-to-Equity

For the Internet Retail subindustry, ASOS'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.


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

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

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



ASOS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

ASOS'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.


ASOS  (OTCPK:ASOMY) 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.


ASOS Debt-to-Equity Related Terms

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


ASOS (ASOMY) Business Description

Traded in Other Exchanges
Address
Hampstead Road, Greater London House, London, GBR, NW1 7FB
Asos is a global e-commerce player focusing on fashion and cosmetics and targeting the youth segment (20-somethings) globally. Of its revenue, 45% comes from its U.K. home market, 30% from other European Union countries, 13% from the United States, 12% from the rest of the world. The company ships to 240 countries from its three warehouses located in the U.K., continental Europe, and the United States. It offers over 85 000 products on its website from third-party brands and its own labels (Asos Design, Collusion).

ASOS (ASOMY) Headlines

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