Cnova NV (Cnova NV) Debt-to-Equity : -1.19 (As of Dec. 2023)

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What is Cnova NV Debt-to-Equity?

Cnova NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $219 Mil. Cnova NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $525 Mil. Cnova NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-626 Mil. Cnova NV's debt to equity for the quarter that ended in Dec. 2023 was -1.19.

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

CNVAF' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.81 Med: -1.8 Max: 1.15
Current: -1.19

During the past 13 years, the highest Debt-to-Equity Ratio of Cnova NV was 1.15. The lowest was -3.81. And the median was -1.80.

CNVAF's Debt-to-Equity is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.61 vs CNVAF: -1.19

Cnova NV Debt-to-Equity Historical Data

The historical data trend for Cnova NV'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.

Cnova NV Debt-to-Equity Chart

Cnova NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-2.04

-1.96

-1.63

-1.49

-1.19

Cnova NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-1.63	-1.72	-1.49	-1.41	-1.19

Competitive Comparison of Cnova NV's Debt-to-Equity

For the Internet Retail subindustry, Cnova NV'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.

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

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

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

Cnova NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cnova NV's Debt to Equity Ratio for the fiscal year 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
	=	(219.08	+	524.881)	/	-626.368
	=	-1.19

Cnova NV'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
	=	(219.08	+	524.881)	/	-626.368
	=	-1.19

Cnova NV (OTCPK:CNVAF) 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.

Cnova NV Debt-to-Equity Related Terms

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Cnova NV (Cnova NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Cnova NV (OTCPK:CNVAF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CNV:France

Address

Strawinskylaan 3051, Amsterdam, NLD, 1077 ZX

Website

https://www.cnova.com

Cnova NV is an eCommerce company. It provides its customers with the value proposition through a low-cost business model that allows offering attractive pricing, an extensive product assortment and differentiated delivery and payment solutions. It offers approximately 10 million active customers access to a wide and growing assortment of more than approximately 90 million product offerings through a combination of its direct sales and sales by third-party vendors. Its product offerings categories in terms of GMV are home appliances, consumer electronics, computers, home furnishings, leisure and personal goods.

Cnova NV (Cnova NV) Headlines

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