The Artisanal Spirits Co (LSE:ART) Debt-to-Equity: 0.38 (As of Dec. 2025) — 138% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

LSE:ART The Artisanal Spirits Co PLC LSE:ART
27 GF Score
Price £0.23
GF Value £0.41
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is The Artisanal Spirits Co Debt-to-Equity?

The Artisanal Spirits Co LSE:ART 27 Debt-to-Equity is 0.38 as of Dec. 2025, which is 138% above its 10-year median of 0.16. GuruFocus rates LSE:ART with a GF Score™ of 27/100 and a GF Value™ of £0.41 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 181 Beverages - Alcoholic companies, The Artisanal Spirits Co ranks worse than 50.28% on this metric.

The Artisanal Spirits Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was £0.59 Mil. The Artisanal Spirits Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was £2.29 Mil. The Artisanal Spirits Co's Total Stockholders Equity for the quarter that ended in Dec. 2025 was £7.55 Mil. The Artisanal Spirits Co's debt to equity for the quarter that ended in Dec. 2025 was 0.38.

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 The Artisanal Spirits Co's Debt-to-Equity or its related term are showing as below:

LSE:ART' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.16   Max: 0.38
Current: 0.38

During the past 8 years, the highest Debt-to-Equity Ratio of The Artisanal Spirits Co was 0.38. The lowest was 0.12. And the median was 0.16.

LSE:ART's Debt-to-Equity is ranked worse than
50.28% of 181 companies
in the Beverages - Alcoholic industry
Industry Median: 0.38 vs LSE:ART: 0.38

The Artisanal Spirits Co  (LSE:ART) 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.


The Artisanal Spirits Co Debt-to-Equity Related Terms


The Artisanal Spirits Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for The Artisanal Spirits Co'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.

The Artisanal Spirits Co Debt-to-Equity Chart

The Artisanal Spirits Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.15 0.15 0.16 0.23 0.38

The Artisanal Spirits Co Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.16 0.24 0.23 0.28 0.38

LSE:ART vs BF.B: Debt-to-Equity Comparison

For the Beverages - Wineries & Distilleries subindustry, The Artisanal Spirits Co'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.


The Artisanal Spirits Co Debt-to-Equity vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, The Artisanal Spirits Co's Debt-to-Equity distribution charts can be found below:

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


LSE:ART
27GF Score
The Artisanal Spirits Co PLC LSE:ART
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Artisanal Spirits Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Artisanal Spirits Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

The Artisanal Spirits Co's Debt to Equity Ratio for the quarter that ended in Dec. 2025 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 0.38 mean?
The Artisanal Spirits Co (LSE:ART) has a Debt-to-Equity of 0.38 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on The Artisanal Spirits Co and its competitors. This is 138% above median its historical median of 0.16. Over the past decade, The Artisanal Spirits Co's Debt-to-Equity has ranged from 0.12 to 0.38. According to the industry distribution chart, The Artisanal Spirits Co ranks #91 out of 181 companies in the Beverages - Alcoholic industry, placing it in the top 50.3%.
Is The Artisanal Spirits Co's Debt-to-Equity too high?
The Artisanal Spirits Co's current Debt-to-Equity of 0.38 is 138% above median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.38. The Beverages - Alcoholic industry median Debt-to-Equity is 0.38. The Artisanal Spirits Co's value of 0.38 is 0% at this industry median. Based on the distribution chart, The Artisanal Spirits Co ranks #91 out of 181 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, The Artisanal Spirits Co has a GF Score™ of 27/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does The Artisanal Spirits Co's Debt-to-Equity compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, The Artisanal Spirits Co ranks #91 out of 181 companies for Debt-to-Equity. This places The Artisanal Spirits Co in the lower half of its industry. The industry median Debt-to-Equity is 0.38. The Artisanal Spirits Co's value of 0.38 is 0% at this benchmark. Historically, The Artisanal Spirits Co's own Debt-to-Equity has ranged from 0.12 to 0.38 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 0.38, The Artisanal Spirits Co has consistently been at 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 Beverages - Alcoholic company?
The median Debt-to-Equity among Beverages - Alcoholic companies is 0.38, based on 181 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. The Artisanal Spirits Co's current Debt-to-Equity of 0.38 is 0% at 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 The Artisanal Spirits Co and its competitors. For the Beverages - Alcoholic industry, the median Debt-to-Equity is 0.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Artisanal Spirits Co's current Debt-to-Equity is 0.38, which is 138% above median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Artisanal Spirits Co stock overvalued right now?
Based on GuruFocus' analysis, The Artisanal Spirits Co (LSE:ART) is currently considered Possible Value Trap. The stock's GF Value™ is £0.41, compared to a current price of £0.23 — trading 45.1% below its estimated fair value. The current Debt-to-Equity is 0.38, which is 138% above median its 10-year median of 0.16 and 0% at the Beverages - Alcoholic industry median of 0.38. The Artisanal Spirits Co's overall GF Score™ is 27/100 with 7 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 The Artisanal Spirits Co (LSE:ART), the current Debt-to-Equity is 0.38 as of Dec. 2025. 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 The Artisanal Spirits Co (LSE:ART) Overvalued in 2026?

Based on GuruFocus' analysis, The Artisanal Spirits Co stock appears to be undervalued. The current stock price of £0.23 is trading 45.1% below its estimated GF Value™ of £0.41. GuruFocus considers The Artisanal Spirits Co to be Possible Value Trap.

Key valuation signals for LSE:ART:

  • Debt-to-Equity: 0.38 (138% above median its 10-year median of 0.16)
  • GF Value™: £0.41 vs. price of £0.23 (45.1% below fair value)
  • GF Score™: 27/100 with 7 warning signs
  • Industry Position: 0% at the Beverages - Alcoholic median (#91 of 181)

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


The Artisanal Spirits Co Business Description

Other Exchanges 045:Germany
Address 87 Giles Street, The Vaults, Edinburgh, GBR, EH6 6BZ
The Artisanal Spirits Co PLC is a curator and provider of premium single-cask Scotch malt whisky and other spirits for sale online to a discerning global membership. It offers a range of other spirits such as single-cask Bourbon, Indian and Japanese whisky, as well as single-cask Armagnac, Cognac, gin, and rum. Its operations are predominantly based in the UK with the Group also generating revenue from Europe, Asia, America, and Others, of which maximum revenue is generated from Europe. Its brands include: The Scotch Malt Whisky Society, Single Cask Nation, Artisan Casks and J.G. Thomson.
27GF Score

Get the complete analysis for LSE:ART

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

£0.23
Price
£0.41
GF Value