ProCook Group (LSE:PROC) Debt-to-Equity : 4.61 (As of Sep. 2023)

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What is ProCook Group Debt-to-Equity?

ProCook Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £8.40 Mil. ProCook Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £26.27 Mil. ProCook Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £7.52 Mil. ProCook Group's debt to equity for the quarter that ended in Sep. 2023 was 4.61.

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

LSE:PROC' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.03 Med: 3.08 Max: 4.61
Current: 4.61

During the past 6 years, the highest Debt-to-Equity Ratio of ProCook Group was 4.61. The lowest was 2.03. And the median was 3.08.

LSE:PROC's Debt-to-Equity is ranked worse than
95.2% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.64 vs LSE:PROC: 4.61

ProCook Group Debt-to-Equity Historical Data

The historical data trend for ProCook 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.

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ProCook Group Debt-to-Equity Chart

ProCook Group Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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2.75

3.68

2.34

2.09

3.66

ProCook Group Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial				2.03	2.09	3.41	3.66	4.61

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

For the Specialty Retail subindustry, ProCook 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.

ProCook Group's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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

ProCook Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ProCook Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(7.552	+	26.43)	/	9.29
	=	3.66

ProCook Group's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(8.396	+	26.267)	/	7.522
	=	4.61

ProCook Group (LSE:PROC) 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.

ProCook Group Debt-to-Equity Related Terms

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ProCook Group (LSE:PROC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ProCook Group PLC (LSE:PROC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Street Modwen Park, Gloucester, GBR, GL10 3EZ

Website

https://www.procookgroup.co.uk

ProCook Group PLC is the UK's direct-to-consumer specialist Kitchenware brand. It is engaged in the designing, sourcing, and retailing of high-quality ranges of cookware, kitchen accessories, and tableware. Its kitchenware ranges offer a choice of over 1,600 cookware, kitchen accessories, and tableware items, all priced to appeal to a broad spectrum of customers across mid to premium price points. The Group has two operating segments, E-commerce and Retail, and the majority of its revenue generates from the retail business.