New World Department Store China (New World Department Store China) Debt-to-Equity : 1.32 (As of Dec. 2023)

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What is New World Department Store China Debt-to-Equity?

New World Department Store China's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $261.6 Mil. New World Department Store China's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $319.2 Mil. New World Department Store China's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $440.9 Mil. New World Department Store China's debt to equity for the quarter that ended in Dec. 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 New World Department Store China's Debt-to-Equity or its related term are showing as below:

NWRLY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.31 Max: 1.44
Current: 1.32

During the past 13 years, the highest Debt-to-Equity Ratio of New World Department Store China was 1.44. The lowest was 0.11. And the median was 0.31.

NWRLY's Debt-to-Equity is ranked worse than
76.62% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.64 vs NWRLY: 1.32

New World Department Store China Debt-to-Equity Historical Data

The historical data trend for New World Department Store China'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.

New World Department Store China Debt-to-Equity Chart

New World Department Store China Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

0.28

1.41

1.44

1.40

1.35

New World Department Store China Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.28	1.40	1.36	1.35	1.32

Competitive Comparison of New World Department Store China's Debt-to-Equity

For the Department Stores subindustry, New World Department Store China'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.

New World Department Store China's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, New World Department Store China's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where New World Department Store China's Debt-to-Equity falls into.

New World Department Store China Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

New World Department Store China's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(260.193	+	319.279)	/	430.871
	=	1.34

New World Department Store China'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
	=	(261.573	+	319.227)	/	440.867
	=	1.32

New World Department Store China (OTCPK:NWRLY) 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.

New World Department Store China Debt-to-Equity Related Terms

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

New World Department Store China (New World Department Store China) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » New World Department Store China Ltd (OTCPK:NWRLY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

00825:Hong Kong NWM:Germany

Address

88 Hing Fat Street, 7th Floor, Causeway Bay, Hong Kong, HKG

Website

https://www.nwds.com.hk

New World Department Store China Ltd owns and operates department stores and shopping malls in the Peoples Republic of China. The company operates through two segments namely Department stores and Property Investment business. The company generates maximum revenue from the Department store segment. Revenue is predominantly generated in Mainland China and important operating assets of the group are in Mainland China.

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