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Simple Mart Retail Co (TPE:2945) Debt-to-Equity : 1.01 (As of Jun. 2024)


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What is Simple Mart Retail Co Debt-to-Equity?

Simple Mart Retail Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was NT$455 Mil. Simple Mart Retail Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was NT$1,382 Mil. Simple Mart Retail Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was NT$1,820 Mil. Simple Mart Retail Co's debt to equity for the quarter that ended in Jun. 2024 was 1.01.

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 Simple Mart Retail Co's Debt-to-Equity or its related term are showing as below:

TPE:2945' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11   Med: 1.01   Max: 2.65
Current: 1.01

During the past 9 years, the highest Debt-to-Equity Ratio of Simple Mart Retail Co was 2.65. The lowest was 0.11. And the median was 1.01.

TPE:2945's Debt-to-Equity is ranked worse than
63.9% of 277 companies
in the Retail - Defensive industry
Industry Median: 0.53 vs TPE:2945: 1.01

Simple Mart Retail Co Debt-to-Equity Historical Data

The historical data trend for Simple Mart Retail Co'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.

Simple Mart Retail Co Debt-to-Equity Chart

Simple Mart Retail Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 1.95 1.55 0.88 0.95 0.98

Simple Mart Retail Co Quarterly Data
Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 1.04 0.97 0.97 0.98 1.01

Competitive Comparison of Simple Mart Retail Co's Debt-to-Equity

For the Grocery Stores subindustry, Simple Mart Retail Co'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.


Simple Mart Retail Co's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Simple Mart Retail Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Simple Mart Retail Co's Debt-to-Equity falls into.



Simple Mart Retail Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Simple Mart Retail Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Simple Mart Retail Co's Debt to Equity Ratio for the quarter that ended in Jun. 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.


Simple Mart Retail Co  (TPE:2945) 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.


Simple Mart Retail Co Debt-to-Equity Related Terms

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Simple Mart Retail Co Business Description

Traded in Other Exchanges
N/A
Address
Minquan East Road, B1, No. 4, Section 3, Zhongshan District, Taipei, TWN, 10477
Simple Mart Retail Co Ltd operates a retail chain of stores in Taiwan. The main engagement is in supermarkets manufacture, and retail sales in kinds of foods, Berverage and daily commodities, etc.

Simple Mart Retail Co Headlines

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