SMSEY (Samsonite Group) Debt-to-Equity : 1.57 (As of Dec. 2024)

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What is Samsonite Group Debt-to-Equity?

Samsonite Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $229 Mil. Samsonite Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $2,094 Mil. Samsonite Group's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $1,476 Mil. Samsonite Group's debt to equity for the quarter that ended in Dec. 2024 was 1.57.

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

SMSEY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 1.43 Max: 5.87
Current: 1.57

During the past 13 years, the highest Debt-to-Equity Ratio of Samsonite Group was 5.87. The lowest was 0.05. And the median was 1.43.

SMSEY's Debt-to-Equity is ranked worse than
87.15% of 926 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.41 vs SMSEY: 1.57

Samsonite Group Debt-to-Equity Historical Data

The historical data trend for Samsonite 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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Samsonite Group Debt-to-Equity Chart

Samsonite Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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5.87

4.67

2.31

1.58

1.57

Samsonite Group Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															1.58	N/A	1.58	N/A	1.57

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

For the Footwear & Accessories subindustry, Samsonite 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.

Samsonite Group's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Samsonite Group's Debt-to-Equity distribution charts can be found below:

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

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Samsonite Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Samsonite Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 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
	=	(229.4	+	2093.6)	/	1476.2
	=	1.57

Samsonite Group's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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
	=	(229.4	+	2093.6)	/	1476.2
	=	1.57

Samsonite Group (OTCPK:SMSEY) 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.

Samsonite Group Debt-to-Equity Related Terms

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Samsonite Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Samsonite Group SA (OTCPK:SMSEY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SMSOF:USA 01910:Hong Kong 1SO:Germany

Address

13-15, Avenue de la Liberte, Luxembourg, LUX, L-1931

Website

https://www.corporate.samsonite.com

Samsonite is the world's largest luggage company with a 20% market share in 2023. The company produces and sells travel luggage under various brands targeting the mid-market to high-end consumers. The group's key brand is Samsonite, whose market presence is well established, followed by Tumi, the high-end brand acquired in 2016, which alongside mass-market brand American Tourister, are the next largest earnings contributors. The majority of its products are manufactured by third parties, but Samsonite does produce its own select proprietary materials.