Ultimate Products (CHIX:ULTPL) Debt-to-Equity : 0.39 (As of Jul. 2024)

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What is Ultimate Products Debt-to-Equity?

Ultimate Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was £16.0 Mil. Ultimate Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was £3.4 Mil. Ultimate Products's Total Stockholders Equity for the quarter that ended in Jul. 2024 was £49.8 Mil. Ultimate Products's debt to equity for the quarter that ended in Jul. 2024 was 0.39.

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

CHIX:ULTPl' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39 Med: 0.82 Max: 8.39
Current: 0.39

During the past 11 years, the highest Debt-to-Equity Ratio of Ultimate Products was 8.39. The lowest was 0.39. And the median was 0.82.

CHIX:ULTPl's Debt-to-Equity is ranked worse than
52.11% of 380 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.36 vs CHIX:ULTPl: 0.39

Ultimate Products Debt-to-Equity Historical Data

The historical data trend for Ultimate Products'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.

Ultimate Products Debt-to-Equity Chart

Ultimate Products Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Debt-to-Equity

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0.56

0.67

0.76

0.54

0.39

Ultimate Products Semi-Annual Data
	Jul16	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24
Debt-to-Equity	Get a 7-Day Free Trial											0.76	0.62	0.54	0.37	0.39

Competitive Comparison of Ultimate Products's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Ultimate Products'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.

Ultimate Products's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

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

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

Ultimate Products Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ultimate Products's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(15.962	+	3.436)	/	49.762
	=	0.39

Ultimate Products's Debt to Equity Ratio for the quarter that ended in Jul. 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
	=	(15.962	+	3.436)	/	49.762
	=	0.39

Ultimate Products (CHIX:ULTPl) 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.

Ultimate Products Debt-to-Equity Related Terms

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Ultimate Products Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ultimate Products PLC (CHIX:ULTPl) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ULTP:UK

Address

Victoria Street, Manor Mill, Chadderton, Oldham, Manchester, GBR, OL9 0DD

Website

https://www.upplc.com

Ultimate Products PLC designs, develops and distributes homeware products across its key brands, including the household names Salter and Beldray. Its other brands include Progress, Kleenez, Petra, Maxim, Russell Hobbs, and Intempo among others. The company sells products across different categories, such as small domestic appliances, housewares, laundry, audio, and heating and cooling. Its products are sold to a broad cross-section of both large national and international multi-channel retailers as well as smaller national retail chains, incorporating discount retailers, supermarkets, general retailers, and online retailers. Geographically, the company derives its key revenue from the United Kingdom and the rest from Germany, Rest of Europe, and the Rest of the world.

Ultimate Products Headlines

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