DFS Furniture (CHIX:DFSL) Debt-to-Equity : 2.40 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is DFS Furniture Debt-to-Equity?

DFS Furniture's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £92 Mil. DFS Furniture's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £468 Mil. DFS Furniture's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £234 Mil. DFS Furniture's debt to equity for the quarter that ended in Dec. 2023 was 2.39.

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

CHIX:DFSl' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.23 Med: 1.37 Max: 3.65
Current: 2.4

During the past 12 years, the highest Debt-to-Equity Ratio of DFS Furniture was 3.65. The lowest was -4.23. And the median was 1.37.

CHIX:DFSl's Debt-to-Equity is ranked worse than
96.87% of 383 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.35 vs CHIX:DFSl: 2.40

DFS Furniture Debt-to-Equity Historical Data

The historical data trend for DFS Furniture'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.

DFS Furniture Debt-to-Equity Chart

DFS Furniture Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

0.91

3.65

1.74

2.05

2.43

DFS Furniture Semi-Annual Data
	Jul13	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.93	2.05	2.55	2.43	2.40

Competitive Comparison of DFS Furniture's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, DFS Furniture'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.

DFS Furniture's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, DFS Furniture's Debt-to-Equity distribution charts can be found below:

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

DFS Furniture Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DFS Furniture's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(84.1	+	493.1)	/	237.1
	=	2.43

DFS Furniture's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(91.9	+	467.5)	/	233.6
	=	2.39

DFS Furniture (CHIX:DFSl) 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.

DFS Furniture Debt-to-Equity Related Terms

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

DFS Furniture (CHIX:DFSL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » DFS Furniture PLC (CHIX:DFSl) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DFS:UK

Address

Adwick-le-Street, 1 Rockingham Way, Redhouse Interchange, Doncaster, South Yorkshire, GBR, DN6 7NA

Website

https://www.dfscorporate.co.uk

DFS Furniture PLC is an upholstery retailer in the United Kingdom. It is engaged in designing, manufacturing, selling, delivering and installing a range of sofas, and other upholstered and furniture products. The company's segment includes DFS; Sofology and others. It generates maximum revenue from the DFS segment. DFS segment includes the retailing of upholstered furniture and related products through DFS and Dwell branded stores and websites.

DFS Furniture (CHIX:DFSL) Headlines

No Headlines