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Loblaw (Loblaw) Debt-to-Equity : 1.59 (As of Dec. 2023)


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What is Loblaw Debt-to-Equity?

Loblaw's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,616 Mil. Loblaw's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $10,930 Mil. Loblaw's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $8,545 Mil. Loblaw's debt to equity for the quarter that ended in Dec. 2023 was 1.59.

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

LBLCF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.75   Med: 1.2   Max: 1.59
Current: 1.59

During the past 13 years, the highest Debt-to-Equity Ratio of Loblaw was 1.59. The lowest was 0.75. And the median was 1.20.

LBLCF's Debt-to-Equity is ranked worse than
79.5% of 278 companies
in the Retail - Defensive industry
Industry Median: 0.64 vs LBLCF: 1.59

Loblaw Debt-to-Equity Historical Data

The historical data trend for Loblaw'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.

Loblaw Debt-to-Equity Chart

Loblaw Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.51 1.43 1.56 1.59

Loblaw Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.56 1.53 1.59 1.55 1.59

Competitive Comparison of Loblaw's Debt-to-Equity

For the Grocery Stores subindustry, Loblaw'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.


Loblaw's Debt-to-Equity Distribution in the Retail - Defensive Industry

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

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



Loblaw Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Loblaw's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Loblaw's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Loblaw  (OTCPK:LBLCF) 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.


Loblaw Debt-to-Equity Related Terms

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


Loblaw (Loblaw) Business Description

Traded in Other Exchanges
Address
1 President’s Choice Circle, Brampton, ON, CAN, L6Y 5S5
Loblaw is Canada's largest retailer, operating 2,500 food retail and pharmacy stores across the country. Its main grocery banners include Loblaw, No Frills, and Maxi, and its pharmacy stores are mostly under the Shoppers Drug Mart banner, which it acquired in 2014. In addition to brand-name offerings, Loblaw offers private-label products under the President's Choice and No Name brands. Beyond retail, Loblaw runs the PC Optimum loyalty program and also offers credit cards and insurance brokerage, which are collectively referred to as financial services. George Weston is Loblaw's controlling shareholder with a 53% stake.

Loblaw (Loblaw) Headlines

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