The Convenience Shop Holding (MAL:CVS) Debt-to-Equity : 1.89 (As of Dec. 2023)

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What is The Convenience Shop Holding Debt-to-Equity?

The Convenience Shop Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.32 Mil. The Convenience Shop Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €17.23 Mil. The Convenience Shop Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €9.81 Mil. The Convenience Shop Holding's debt to equity for the quarter that ended in Dec. 2023 was 1.89.

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 Convenience Shop Holding's Debt-to-Equity or its related term are showing as below:

MAL:CVS' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.89 Med: 1.97 Max: 2.05
Current: 1.89

During the past 2 years, the highest Debt-to-Equity Ratio of The Convenience Shop Holding was 2.05. The lowest was 1.89. And the median was 1.97.

MAL:CVS's Debt-to-Equity is ranked worse than
85.67% of 1005 companies
in the Retail - Cyclical industry
Industry Median: 0.61 vs MAL:CVS: 1.89

The Convenience Shop Holding Debt-to-Equity Historical Data

The historical data trend for The Convenience Shop Holding'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.

The Convenience Shop Holding Debt-to-Equity Chart

The Convenience Shop Holding Annual Data

Trend

Dec22

Dec23

Debt-to-Equity

2.05

1.89

The Convenience Shop Holding Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	N/A	2.05	-	1.89

Competitive Comparison of The Convenience Shop Holding's Debt-to-Equity

For the Department Stores subindustry, The Convenience Shop Holding'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 Convenience Shop Holding's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, The Convenience Shop Holding's Debt-to-Equity distribution charts can be found below:

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

The Convenience Shop Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Convenience Shop Holding's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(1.321	+	17.231)	/	9.808
	=	1.89

The Convenience Shop Holding's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(1.321	+	17.231)	/	9.808
	=	1.89

The Convenience Shop Holding (MAL:CVS) 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 Convenience Shop Holding Debt-to-Equity Related Terms

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The Convenience Shop Holding (MAL:CVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Convenience Shop Holding PLC (MAL:CVS) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Mdina Road, Marant Food Products, Zebbug, MLT, 9017

Website

https://www.theconvenienceshop.com

The Convenience Shop Holding PLC operates and franchises grocery stores in the fast-moving consumer goods ('FMCG') industry. Through its subsidiaries, the Company manages a chain of retail outlets under The Convenience Shop brand in various locations across Malta. The Group currently operates approximately 40 shops of which 4 shops are owned by minority shareholders and 1 shop (The Convenience Shop for Puttinu Cares Ltd) is operated for charity.