Rizzo Group AB (OSTO:RIZZO B) Debt-to-Equity : -1.03 (As of Nov. 2023)

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What is Rizzo Group AB Debt-to-Equity?

Rizzo Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was kr134.3 Mil. Rizzo Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was kr28.6 Mil. Rizzo Group AB's Total Stockholders Equity for the quarter that ended in Nov. 2023 was kr-158.0 Mil. Rizzo Group AB's debt to equity for the quarter that ended in Nov. 2023 was -1.03.

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

OSTO:RIZZO B' s Debt-to-Equity Range Over the Past 10 Years
Min: -225.07 Med: 0.76 Max: 21.45
Current: -1.03

During the past 13 years, the highest Debt-to-Equity Ratio of Rizzo Group AB was 21.45. The lowest was -225.07. And the median was 0.76.

OSTO:RIZZO B's Debt-to-Equity is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.61 vs OSTO:RIZZO B: -1.03

Rizzo Group AB Debt-to-Equity Historical Data

The historical data trend for Rizzo Group AB'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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Rizzo Group AB Debt-to-Equity Chart

Rizzo Group AB Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

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3.51

-2.62

-3.01

-1.67

-1.21

Rizzo Group AB Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial															-1.16	-1.21	-1.50	-1.21	-1.03

Competitive Comparison of Rizzo Group AB's Debt-to-Equity

For the Apparel Retail subindustry, Rizzo Group AB'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.

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

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

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

Rizzo Group AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rizzo Group AB's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(151.24	+	32.481)	/	-152.137
	=	-1.21

Rizzo Group AB'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
	=	(134.3	+	28.6)	/	-158
	=	-1.03

Rizzo Group AB (OSTO:RIZZO B) 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.

Rizzo Group AB Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Rizzo Group AB's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Rizzo Group AB (OSTO:RIZZO B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rizzo Group AB (OSTO:RIZZO B) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

8Q2:Germany

Address

Linnegatan 89 C, Stockholm, SWE, 104 50

Website

http://www.rizzogroup.se

Rizzo Group AB retails accessories, travel accessories and footwear products. The company operates through two business areas namely the Rizzo and, Accent and Morris chains. In the accessories business area, the Accent and Morris chains offer a selection of accessories and travel goods. The Rizzo business area, is involved in the manufacture of footwear and accessories.

Rizzo Group AB (OSTO:RIZZO B) Headlines

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