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SURRF (Sun Art Retail Group) Debt-to-Equity : 0.44 (As of Sep. 2024)


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What is Sun Art Retail Group Debt-to-Equity?

Sun Art Retail Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $636 Mil. Sun Art Retail Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $689 Mil. Sun Art Retail Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $3,029 Mil. Sun Art Retail Group's debt to equity for the quarter that ended in Sep. 2024 was 0.44.

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

SURRF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.33   Max: 0.51
Current: 0.44

During the past 13 years, the highest Debt-to-Equity Ratio of Sun Art Retail Group was 0.51. The lowest was 0.00. And the median was 0.33.

SURRF's Debt-to-Equity is ranked better than
59.02% of 1003 companies
in the Retail - Cyclical industry
Industry Median: 0.6 vs SURRF: 0.44

Sun Art Retail Group Debt-to-Equity Historical Data

The historical data trend for Sun Art Retail 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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Sun Art Retail Group Debt-to-Equity Chart

Sun Art Retail Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.36 0.31 0.33 0.39

Sun Art Retail Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.33 0.37 0.39 0.44

Competitive Comparison of Sun Art Retail Group's Debt-to-Equity

For the Department Stores subindustry, Sun Art Retail 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.


Sun Art Retail Group's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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



Sun Art Retail Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sun Art Retail Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Sun Art Retail Group's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* 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.


Sun Art Retail Group  (OTCPK:SURRF) 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.


Sun Art Retail Group Debt-to-Equity Related Terms

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


Sun Art Retail Group Business Description

Traded in Other Exchanges
Address
No. 255, Jiangchang Xi Road, Jingan District, Shanghai, CHN, 200436
Sun Art Retail Group Ltd is engaged in the operation of brick-and-mortar stores and online sales channels in the People's Republic of China. It operates its business with hypermarkets, superstores, and membership stores under RT-Mart, RT-Super, and M-Club and generates revenue from the sales of goods to customers, membership fees, and rental from leasing areas in the hypermarket buildings. Geographically, the company generates all of its revenue from the People's Republic of China.