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New Look Vision Group (TSX:BCI) Debt-to-Equity : 2.30 (As of Mar. 2021)


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What is New Look Vision Group Debt-to-Equity?

New Look Vision Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was C$36.5 Mil. New Look Vision Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was C$327.5 Mil. New Look Vision Group's Total Stockholders Equity for the quarter that ended in Mar. 2021 was C$158.4 Mil. New Look Vision Group's debt to equity for the quarter that ended in Mar. 2021 was 2.30.

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

TSX:BCI's Debt-to-Equity is not ranked *
in the Retail - Cyclical industry.
Industry Median: 0.62
* Ranked among companies with meaningful Debt-to-Equity only.

New Look Vision Group Debt-to-Equity Historical Data

The historical data trend for New Look Vision 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.

New Look Vision Group Debt-to-Equity Chart

New Look Vision Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.39 1.25 1.10 2.38

New Look Vision Group Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 2.25 2.77 2.49 2.38 2.30

Competitive Comparison of New Look Vision Group's Debt-to-Equity

For the Specialty Retail subindustry, New Look Vision 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.


New Look Vision Group's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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



New Look Vision Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

New Look Vision Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

New Look Vision Group's Debt to Equity Ratio for the quarter that ended in Mar. 2021 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.


New Look Vision Group  (TSX:BCI) 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.


New Look Vision Group Debt-to-Equity Related Terms

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


New Look Vision Group (TSX:BCI) Business Description

Traded in Other Exchanges
N/A
Address
1 Place Ville-Marie, Suite 3670, Montreal, QC, CAN, H3B 3P2
New Look Vision Group Inc is an operator of retail stores in Canada. Its main business is that of eye care products and services which function under four main banners: New Look Eyewear, Greiche and Scaff, Vogue Optical, and Iris The Visual Group.

New Look Vision Group (TSX:BCI) Headlines

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