Max Stock (XTAE:MAXO) Debt-to-Equity : 3.59 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Max Stock Debt-to-Equity?

Max Stock's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₪73 Mil. Max Stock's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₪599 Mil. Max Stock's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₪187 Mil. Max Stock's debt to equity for the quarter that ended in Mar. 2024 was 3.59.

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 Max Stock's Debt-to-Equity or its related term are showing as below:

XTAE:MAXO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 3.44 Max: 4.56
Current: 3.59

During the past 7 years, the highest Debt-to-Equity Ratio of Max Stock was 4.56. The lowest was 0.24. And the median was 3.44.

XTAE:MAXO's Debt-to-Equity is ranked worse than
93.35% of 1007 companies
in the Retail - Cyclical industry
Industry Median: 0.61 vs XTAE:MAXO: 3.59

Max Stock Debt-to-Equity Historical Data

The historical data trend for Max Stock'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.

Max Stock Debt-to-Equity Chart

Max Stock Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

4.02

3.25

3.42

3.19

3.10

Max Stock Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															4.56	4.28	4.00	3.10	3.59

Competitive Comparison of Max Stock's Debt-to-Equity

For the Department Stores subindustry, Max Stock'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.

Max Stock's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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

Max Stock Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Max Stock's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(74.411	+	613.811)	/	221.702
	=	3.10

Max Stock's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(73.157	+	599.07)	/	187.387
	=	3.59

Max Stock (XTAE:MAXO) 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.

Max Stock Debt-to-Equity Related Terms

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

Max Stock (XTAE:MAXO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Max Stock Ltd (XTAE:MAXO) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

71 Khalutzei HaTa'a'ssiya Street, Admirality Center, Haifa, ISR

Website

https://www.maxstock.co.il

Max Stock Ltd operates a chain of departmental stores. The stores offer school supplies, tools and hardware, clothing items, toys, plasticware, gifts and accessories, baking utensils, furniture, home decor items, and other products.

Max Stock (XTAE:MAXO) Headlines

No Headlines