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Boxer RetailJSE:BOX -0.03%21 Debt-to-Equity is 1.65 as of Feb. 2026, which is 29% below its 10-year median of 2.34. GuruFocus rates JSE:BOX with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 1,021 Retail - Cyclical companies, Boxer Retail ranks worse than 83.35% on this metric.
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 Boxer Retail's Debt-to-Equity or its related term are showing as below:
JSE:BOX'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.65 Med: 2.34 Max: 4.2
Current: 1.65
During the past 5 years, the highest Debt-to-Equity Ratio of Boxer Retail was 4.20. The lowest was 1.65. And the median was 2.34.
JSE:BOX's Debt-to-Equity is ranked worse than 83.35% of 1021
companies
in the Retail - Cyclical industry
Industry Median: 0.57
vs JSE:BOX: 1.65
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.
Boxer Retail Debt-to-Equity Related Terms
Boxer Retail Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Boxer Retail'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.
For the Department Stores subindustry, Boxer Retail'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.
Boxer Retail Debt-to-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Boxer Retail's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Boxer Retail's Debt-to-Equity falls into.
* 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.
Boxer Retail (JSE:BOX) has a Debt-to-Equity of 1.65 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Boxer Retail and its competitors. This is 29% below median its historical median of 2.34. Over the past decade, Boxer Retail's Debt-to-Equity has ranged from 1.65 to 4.20. According to the industry distribution chart, Boxer Retail ranks #851 out of 1021 companies in the Retail - Cyclical industry, placing it in the top 83.3%.
Is Boxer Retail's Debt-to-Equity too high?
Boxer Retail's current Debt-to-Equity of 1.65 is 29% below median its 10-year median of 2.34. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 4.20. The Retail - Cyclical industry median Debt-to-Equity is 0.57. Boxer Retail's value of 1.65 is 189.5% above this industry median. Based on the distribution chart, Boxer Retail ranks #851 out of 1021 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Boxer Retail has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Boxer Retail's Debt-to-Equity compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Boxer Retail ranks #851 out of 1021 companies for Debt-to-Equity. This places Boxer Retail in the lower half of its industry. The industry median Debt-to-Equity is 0.57. Boxer Retail's value of 1.65 is 189.5% above this benchmark. Historically, Boxer Retail's own Debt-to-Equity has ranged from 1.65 to 4.20 over the past decade. While the company's 10-year median is 2.34 vs. the industry median of 0.57, Boxer Retail 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 0.57, based on 1,021 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. Boxer Retail's current Debt-to-Equity of 1.65 is 189.5% 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 Boxer Retail and its competitors. For the Retail - Cyclical industry, the median Debt-to-Equity is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boxer Retail's current Debt-to-Equity is 1.65, which is 29% below median its own 10-year median of 2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boxer Retail stock overvalued right now?
Boxer Retail (JSE:BOX) has a current Debt-to-Equity of 1.65. The current Debt-to-Equity is 1.65, which is 29% below median its 10-year median of 2.34 and 189.5% above the Retail - Cyclical industry median of 0.57. Boxer Retail's overall GF Score™ is 21/100 with 4 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 Boxer Retail (JSE:BOX), the current Debt-to-Equity is 1.65 as of Feb. 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.
Boxer Retail Ltd is engaged in the retail of food, health and beauty products, general merchandise and liquor, and additional value-added services, in South Africa and Eswatini. The group has one operating segment, namely Boxer Group which includes all retail operations under the Boxer Superstores, Boxer Build and Boxer Liquors brands selling products such as groceries, general merchandise and liquor.
21GF Score
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