Accent Group (ASX:AX1) Debt-to-Equity: 1.31 (As of Dec. 2025) — 18% Above Median

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ASX:AX1 Accent Group Ltd ASX:AX1
84 GF Score
Price A$0.72
GF Value A$1.97
Valuation Possible Value Trap
! 7 Warning Signs
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What is Accent Group Debt-to-Equity?

Accent Group ASX:AX1 -1.38% 84 Debt-to-Equity is 1.31 as of Dec. 2025, which is 18% above its 10-year median of 1.11. GuruFocus rates ASX:AX1 with a GF Score™ of 84/100 and a GF Value™ of A$1.97 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,015 Retail - Cyclical companies, Accent Group ranks worse than 77.14% on this metric.

Accent Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$188 Mil. Accent Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$461 Mil. Accent Group's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$496 Mil. Accent Group's debt to equity for the quarter that ended in Dec. 2025 was 1.31.

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

ASX:AX1' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16   Med: 1.11   Max: 1.4
Current: 1.31

During the past 13 years, the highest Debt-to-Equity Ratio of Accent Group was 1.40. The lowest was 0.16. And the median was 1.11.

ASX:AX1's Debt-to-Equity is ranked worse than
77.14% of 1015 companies
in the Retail - Cyclical industry
Industry Median: 0.56 vs ASX:AX1: 1.31

Accent Group  (ASX:AX1) 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.


Accent Group Debt-to-Equity Related Terms


Accent Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Accent Group'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.

Accent Group Debt-to-Equity Chart

Accent Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 1.36 1.27 1.30 1.13

Accent Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.27 1.30 1.27 1.13 1.31

ASX:AX1 vs TJX, ROST, BURL: Debt-to-Equity Comparison

For the Apparel Retail subindustry, Accent Group'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.


Accent Group Debt-to-Equity vs Retail - Cyclical Industry

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

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


ASX:AX1
84GF Score
Accent Group Ltd ASX:AX1
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Accent Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Accent Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Accent Group's Debt to Equity Ratio for the quarter that ended in Dec. 2025 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.31 mean?
Accent Group (ASX:AX1) has a Debt-to-Equity of 1.31 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Accent Group and its competitors. This is 18% above median its historical median of 1.11. Over the past decade, Accent Group's Debt-to-Equity has ranged from 0.16 to 1.40. According to the industry distribution chart, Accent Group ranks #783 out of 1015 companies in the Retail - Cyclical industry, placing it in the top 77.1%.
Is Accent Group's Debt-to-Equity too high?
Accent Group's current Debt-to-Equity of 1.31 is 18% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.40. The Retail - Cyclical industry median Debt-to-Equity is 0.56. Accent Group's value of 1.31 is 133.9% above this industry median. Based on the distribution chart, Accent Group ranks #783 out of 1015 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Accent Group has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Accent Group's Debt-to-Equity compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Accent Group ranks #783 out of 1015 companies for Debt-to-Equity. This places Accent Group in the lower half of its industry. The industry median Debt-to-Equity is 0.56. Accent Group's value of 1.31 is 133.9% above this benchmark. Historically, Accent Group's own Debt-to-Equity has ranged from 0.16 to 1.40 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 0.56, Accent Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Retail - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.56, based on 1,015 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Accent Group's current Debt-to-Equity of 1.31 is 133.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Accent Group and its competitors. For the Retail - Cyclical industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accent Group's current Debt-to-Equity is 1.31, which is 18% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accent Group stock overvalued right now?
Based on GuruFocus' analysis, Accent Group (ASX:AX1) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.97, compared to a current price of A$0.72 — trading 63.7% below its estimated fair value. The current Debt-to-Equity is 1.31, which is 18% above median its 10-year median of 1.11 and 133.9% above the Retail - Cyclical industry median of 0.56. Accent Group's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Accent Group (ASX:AX1), the current Debt-to-Equity is 1.31 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Accent Group (ASX:AX1) Overvalued in 2026?

Based on GuruFocus' analysis, Accent Group stock appears to be undervalued. The current stock price of A$0.72 is trading 63.7% below its estimated GF Value™ of A$1.97. GuruFocus considers Accent Group to be Possible Value Trap.

Key valuation signals for ASX:AX1:

  • Debt-to-Equity: 1.31 (18% above median its 10-year median of 1.11)
  • GF Value™: A$1.97 vs. price of A$0.72 (63.7% below fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 133.9% above the Retail - Cyclical median (#783 of 1015)

No single metric tells the full story. See the ASX:AX1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Accent Group Business Description

Address 2/64 Balmain Street, Richmond, Melbourne, VIC, AUS, 3121
Accent Group is a retailer and wholesaler of footwear and apparel. It is the exclusive distributor of range of global brands, including Skechers, Vans, and Doctor Martens in Australia and New Zealand. Accent operates both monobranded stores and multibrand banners, such as Platypus, Hype DC, and The Athlete's Foot. With a network of more than 800 physical stores and 30 websites, Accent is the largest footwear retailer in Australia.
84GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.72
Price
A$1.97
GF Value