Sun Art Retail Group (Sun Art Retail Group) Debt-to-Equity : 0.37 (As of Sep. 2023)

View and export this data going back to 2012. Start your Free Trial

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. 2023 was $358 Mil. Sun Art Retail Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $801 Mil. Sun Art Retail Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $3,120 Mil. Sun Art Retail Group's debt to equity for the quarter that ended in Sep. 2023 was 0.37.

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: 0.31 Max: 0.51
Current: 0.37

During the past 12 years, the highest Debt-to-Equity Ratio of Sun Art Retail Group was 0.51. The lowest was 0.00. And the median was 0.31.

SURRF's Debt-to-Equity is ranked better than
64.77% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs SURRF: 0.37

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.

* Premium members only.

Sun Art Retail Group Debt-to-Equity Chart

Sun Art Retail Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.51

0.44

0.36

0.31

0.33

Sun Art Retail Group Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.31	0.31	0.31	0.33	0.37

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. 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
	=	(325.502	+	793.655)	/	3412.907
	=	0.33

Sun Art Retail 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
	=	(358.185	+	800.504)	/	3119.802
	=	0.37

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 (Sun Art Retail Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sun Art Retail Group Ltd (OTCPK:SURRF) » Definitions » Debt-to-Equity

Traded in Other Exchanges

SURRY:USA 06808:Hong Kong SRI:Germany

Address

183 Queen’s Road East, Level 54, Hopewell Centre, Hong Kong, HKG

Website

https://www.sunartretail.com

Sun Art Retail Group Ltd is a hypermarket operator in China. As of 2019, the company had 491 hypermarket complexes under two banners: Auchan and RT-Mart, with a total gross floor area of 13.68 million square meters. Sun Art operates its business with hypermarkets, superstores, and mini stores under RT-Super and RT-Mini.

Sun Art Retail Group (Sun Art Retail Group) Headlines

From GuruFocus

Matthews China Fund Comments on Sun Art Retail Group Ltd

By Vera Yuan Vera Yuan • 07-30-2015