Likewise Group (FRA:7RL) Debt-to-Equity : 0.77 (As of Dec. 2023)

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What is Likewise Group Debt-to-Equity?

Likewise Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €11.2 Mil. Likewise Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €24.1 Mil. Likewise Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €45.9 Mil. Likewise Group's debt to equity for the quarter that ended in Dec. 2023 was 0.77.

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

FRA:7RL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28 Med: 0.75 Max: 0.94
Current: 0.77

During the past 6 years, the highest Debt-to-Equity Ratio of Likewise Group was 0.94. The lowest was 0.28. And the median was 0.75.

FRA:7RL's Debt-to-Equity is ranked worse than
77.89% of 380 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.32 vs FRA:7RL: 0.77

Likewise Group Debt-to-Equity Historical Data

The historical data trend for Likewise 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.

* Premium members only.

Likewise Group Debt-to-Equity Chart

Likewise Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.28

0.78

0.73

0.72

0.77

Likewise Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial				0.73	0.55	0.72	0.73	0.77

Competitive Comparison of Likewise Group's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Likewise 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.

Likewise Group's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

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

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

Likewise Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Likewise Group'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
	=	(11.198	+	24.079)	/	45.877
	=	0.77

Likewise Group'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
	=	(11.198	+	24.079)	/	45.877
	=	0.77

Likewise Group (FRA:7RL) 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.

Likewise Group Debt-to-Equity Related Terms

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

Likewise Group (FRA:7RL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Likewise Group PLC (FRA:7RL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LIKE:UK

Address

Radial way,, Unit 4 Radial Park, Birmingham Business Park,, Solihull, GBR, B37 7WN

Website

https://www.likewiseplc.com

Likewise Group Plc is a distributor of floorcoverings and mattings. The company's products include residential carpets, commercial carpets, and laminate. Geographically, the company derives a majority of its revenue from the United Kingdom followed by the Rest of Europe and the Rest of the world.

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