Ocado Group (LSE:OCDO) Debt-to-Equity : 1.32 (As of Nov. 2023)

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What is Ocado Group Debt-to-Equity?

Ocado Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was £56 Mil. Ocado Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was £1,904 Mil. Ocado Group's Total Stockholders Equity for the quarter that ended in Nov. 2023 was £1,487 Mil. Ocado Group's debt to equity for the quarter that ended in Nov. 2023 was 1.32.

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

LSE:OCDO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.58 Med: 0.86 Max: 1.53
Current: 1.32

During the past 13 years, the highest Debt-to-Equity Ratio of Ocado Group was 1.53. The lowest was 0.58. And the median was 0.86.

LSE:OCDO's Debt-to-Equity is ranked worse than
73.57% of 280 companies
in the Retail - Defensive industry
Industry Median: 0.61 vs LSE:OCDO: 1.32

Ocado Group Debt-to-Equity Historical Data

The historical data trend for Ocado 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.

Ocado Group Debt-to-Equity Chart

Ocado Group Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Debt-to-Equity

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0.65

0.58

0.80

1.15

1.04

Ocado Group Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial															1.15	1.27	1.04	1.20	1.32

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

For the Grocery Stores subindustry, Ocado 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.

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

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

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

Ocado Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ocado Group's Debt to Equity Ratio for the fiscal year that ended in Nov. 2022 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
	=	(68.8	+	1836.3)	/	1837.9
	=	1.04

Ocado Group's Debt to Equity Ratio for the quarter that ended in Nov. 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
	=	(55.5	+	1904.4)	/	1487.4
	=	1.32

Ocado Group (LSE:OCDO) 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.

Ocado Group Debt-to-Equity Related Terms

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Ocado Group (LSE:OCDO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Ocado Group PLC (LSE:OCDO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

OCDGF:USA OCDDY:USA OCDO:Mexico OCDOl:UK 0OC:Germany

Address

Mosquito Way, Buildings One and Two Trident Place, Hatfield Business Park, Hatfield, Hertfordshire, GBR, AL10 9UL

Website

https://www.ocadogroup.com

Ocado, one of the largest pure online grocers in the world, operates in two divisions. Ocado Retail is the group's online grocery business in the United Kingdom (joint venture with Marks & Spencer); it offers an extensive product range of over 55,000 items via its Ocado.com website and holds more than 15% of the U.K. online grocery market and approximately 2% of the total U.K. grocery market. Ocado Solutions is built on the Ocado Smart Platform, a modular, automated online retail fulfilment and delivery solution that involves the provision of software, fulfilment infrastructure, and support services to corporate clients for a variety of one-time and ongoing costs. OSP has allowed the company to work with some of the world's largest grocers, including Ocado's retail operation.

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