Shoe Zone (FRA:86W) Debt-to-Equity: 1.12 (As of Mar. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:86W Shoe Zone PLC FRA:86W
45 GF Score
Price €0.78
GF Value €0.68
! 8 Warning Signs
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What is Shoe Zone Debt-to-Equity?

Shoe Zone FRA:86W 45 Debt-to-Equity is 1.12 as of Mar. 2026, which is 4% below its 10-year median of 1.17. GuruFocus rates FRA:86W with a GF Score™ of 45/100 and a GF Value™ of €0.68. The stock has 8 warning signs investors should review. Among 1,013 Retail - Cyclical companies, Shoe Zone ranks worse than 73.84% on this metric.

Shoe Zone's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €14.8 Mil. Shoe Zone's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €24.3 Mil. Shoe Zone's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €35.1 Mil. Shoe Zone's debt to equity for the quarter that ended in Mar. 2026 was 1.11.

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 Shoe Zone's Debt-to-Equity or its related term are showing as below:

FRA:86W' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 1.17   Max: 6.01
Current: 1.12

During the past 13 years, the highest Debt-to-Equity Ratio of Shoe Zone was 6.01. The lowest was 0.03. And the median was 1.17.

FRA:86W's Debt-to-Equity is ranked worse than
73.84% of 1013 companies
in the Retail - Cyclical industry
Industry Median: 0.56 vs FRA:86W: 1.12

Shoe Zone  (FRA:86W) 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.


Shoe Zone Debt-to-Equity Related Terms


Shoe Zone Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Shoe Zone'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.

Shoe Zone Debt-to-Equity Chart

Shoe Zone Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 0.96 1.06 1.17 0.96

Shoe Zone Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.31 1.17 1.13 0.96 1.12

FRA:86W vs TJX, ROST, BURL: Debt-to-Equity Comparison

For the Apparel Retail subindustry, Shoe Zone'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.


Shoe Zone Debt-to-Equity vs Retail - Cyclical Industry

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

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


FRA:86W
45GF Score
Shoe Zone PLC FRA:86W
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Shoe Zone Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shoe Zone's Debt to Equity Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Shoe Zone's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.12 mean?
Shoe Zone (FRA:86W) has a Debt-to-Equity of 1.12 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Shoe Zone and its competitors. This is near median its historical median of 1.17. Over the past decade, Shoe Zone's Debt-to-Equity has ranged from 0.03 to 6.01. According to the industry distribution chart, Shoe Zone ranks #748 out of 1013 companies in the Retail - Cyclical industry, placing it in the top 73.8%.
Is Shoe Zone's Debt-to-Equity too high?
Shoe Zone's current Debt-to-Equity of 1.12 is near median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 6.01. The Retail - Cyclical industry median Debt-to-Equity is 0.56. Shoe Zone's value of 1.12 is 100% above this industry median. Based on the distribution chart, Shoe Zone ranks #748 out of 1013 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Shoe Zone has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Shoe Zone's Debt-to-Equity compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Shoe Zone ranks #748 out of 1013 companies for Debt-to-Equity. This places Shoe Zone in the lower half of its industry. The industry median Debt-to-Equity is 0.56. Shoe Zone's value of 1.12 is 100% above this benchmark. Historically, Shoe Zone's own Debt-to-Equity has ranged from 0.03 to 6.01 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 0.56, Shoe Zone has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Retail - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.56, based on 1,013 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shoe Zone's current Debt-to-Equity of 1.12 is 100% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Shoe Zone and its competitors. For the Retail - Cyclical industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shoe Zone's current Debt-to-Equity is 1.12, which is near median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoe Zone stock overvalued right now?
Shoe Zone (FRA:86W) has a current Debt-to-Equity of 1.12. The stock's GF Value™ is €0.68, compared to a current price of €0.78 — trading 14.7% above its estimated fair value. The current Debt-to-Equity is 1.12, which is near median its 10-year median of 1.17 and 100% above the Retail - Cyclical industry median of 0.56. Shoe Zone's overall GF Score™ is 45/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Shoe Zone (FRA:86W), the current Debt-to-Equity is 1.12 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shoe Zone (FRA:86W) Overvalued in 2026?

Based on GuruFocus' analysis, Shoe Zone stock appears to be overvalued. The current stock price of €0.78 is trading 14.7% above its estimated GF Value™ of €0.68.

Key valuation signals for FRA:86W:

  • Debt-to-Equity: 1.12 (near median its 10-year median of 1.17)
  • GF Value™: €0.68 vs. price of €0.78 (14.7% above fair value)
  • GF Score™: 45/100 with 8 warning signs
  • Industry Position: 100% above the Retail - Cyclical median (#748 of 1013)

No single metric tells the full story. See the FRA:86W stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shoe Zone Business Description

Other Exchanges SHOE:UK
Address Humberstone Road, Haramead Business Centre, Leicester, Leicestershire, GBR, LE1 2LH
Shoe Zone PLC operates as a footwear retailer offering a wide range and a variety of shoes for all ages, it functions with over 500 stores across the UK. The group has a single distribution center which is located in Leicester, England. Its online offering combined with its store portfolio allows customers to shop via multiple channels. Shoe zone operates in the United Kingdom.
45GF Score

Get the complete analysis for FRA:86W

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.78
Price
€0.68
GF Value