Pets at Home Group (Pets at Home Group) Debt-to-Equity : 0.45 (As of Sep. 2023)

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What is Pets at Home Group Debt-to-Equity?

Pets at Home Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $103.96 Mil. Pets at Home Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $444.55 Mil. Pets at Home Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1,211.63 Mil. Pets at Home Group's debt to equity for the quarter that ended in Sep. 2023 was 0.45.

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

PHGPY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.43 Max: 0.74
Current: 0.45

During the past 13 years, the highest Debt-to-Equity Ratio of Pets at Home Group was 0.74. The lowest was 0.20. And the median was 0.43.

PHGPY's Debt-to-Equity is ranked better than
58.98% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs PHGPY: 0.45

Pets at Home Group Debt-to-Equity Historical Data

The historical data trend for Pets at Home 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.

Pets at Home Group Debt-to-Equity Chart

Pets at Home Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.20

0.67

0.52

0.46

0.53

Pets at Home Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.49	0.46	0.51	0.53	0.45

Competitive Comparison of Pets at Home Group's Debt-to-Equity

For the Specialty Retail subindustry, Pets at Home 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.

Pets at Home Group's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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

Pets at Home Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pets at Home 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
	=	(102.549	+	555.097)	/	1244.053
	=	0.53

Pets at Home 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
	=	(103.96	+	444.554)	/	1211.634
	=	0.45

Pets at Home Group (OTCPK:PHGPY) 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.

Pets at Home Group Debt-to-Equity Related Terms

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Pets at Home Group (Pets at Home Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Pets at Home Group PLC (OTCPK:PHGPY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PAHGF:USA PETSl:UK PETS:UK 6P8:Germany

Address

Epsom Avenue, Stanley Green Trading Estate, Handforth, Cheshire, GBR, SK9 3RN

Website

https://www.petsathome.com

Pets at Home Group PLC is an omnichannel British retailer operating mainly in the United Kingdom. The company has a network of stores, websites, grooming salons, and pet services, such as veterinary. The product portfolio is diverse, including items for dogs, cats, fish, reptiles, birds, and wildlife. The items sold are from the following categories: food, pet beds, toys, pet clothing, kennels, collars, healthcare, grooming, training, books, and accessories. The products are sold under the Pets at Home brand, private brand, and labels. The veterinary services are located within stores, as well as in stand-alone locations, throughout the U.K.