BIC Camera (BIC Camera) Debt-to-Equity : 0.97 (As of Feb. 2024)

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What is BIC Camera Debt-to-Equity?

BIC Camera's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $823.71 Mil. BIC Camera's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $111.99 Mil. BIC Camera's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $969.22 Mil. BIC Camera's debt to equity for the quarter that ended in Feb. 2024 was 0.97.

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

BICMF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54 Med: 0.96 Max: 1.27
Current: 0.97

During the past 13 years, the highest Debt-to-Equity Ratio of BIC Camera was 1.27. The lowest was 0.54. And the median was 0.96.

BICMF's Debt-to-Equity is ranked worse than
66.53% of 1007 companies
in the Retail - Cyclical industry
Industry Median: 0.61 vs BICMF: 0.97

BIC Camera Debt-to-Equity Historical Data

The historical data trend for BIC Camera'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.

BIC Camera Debt-to-Equity Chart

BIC Camera Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

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0.68

1.10

1.05

1.02

0.90

BIC Camera 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															1.02	1.00	0.90	1.03	0.97

Competitive Comparison of BIC Camera's Debt-to-Equity

For the Specialty Retail subindustry, BIC Camera'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.

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

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

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

BIC Camera Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BIC Camera's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(682.772	+	170.686)	/	948.913
	=	0.90

BIC Camera's Debt to Equity Ratio for the quarter 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
	=	(823.714	+	111.994)	/	969.221
	=	0.97

BIC Camera (OTCPK:BICMF) 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.

BIC Camera Debt-to-Equity Related Terms

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

BIC Camera (BIC Camera) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » BIC Camera Inc (OTCPK:BICMF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

3048:Japan 1U3:Germany

Address

3-23-23, Takada, Toshima-ku, Tokyo, JPN, 171-0033

Website

http://www.biccamera.co.jp

BIC Camera Inc is a consumer electronic retailer in Japan. The selection of merchandise is diverse: audio and video equipment, laptops and computers, cameras, televisions, and mobile phones, among others. The company sells products through both stores and online shopping sites. Additionally, the company also provides satellite and cable TV broadcasting services, installation services, repair services, a radio advertising business, and other services.

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