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Essilorluxottica (Essilorluxottica) Debt-to-Equity : 0.31 (As of Dec. 2023)


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What is Essilorluxottica Debt-to-Equity?

Essilorluxottica's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,943 Mil. Essilorluxottica's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9,769 Mil. Essilorluxottica's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $41,700 Mil. Essilorluxottica's debt to equity for the quarter that ended in Dec. 2023 was 0.30.

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

ESLOY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17   Med: 0.35   Max: 0.5
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Essilorluxottica was 0.50. The lowest was 0.17. And the median was 0.35.

ESLOY's Debt-to-Equity is ranked worse than
59.13% of 712 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs ESLOY: 0.31

Essilorluxottica Debt-to-Equity Historical Data

The historical data trend for Essilorluxottica'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.

Essilorluxottica Debt-to-Equity Chart

Essilorluxottica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.37 0.37 0.33 0.31

Essilorluxottica Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.37 0.38 0.33 0.31 0.31

Competitive Comparison of Essilorluxottica's Debt-to-Equity

For the Medical Instruments & Supplies subindustry, Essilorluxottica'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.


Essilorluxottica's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Essilorluxottica's Debt-to-Equity distribution charts can be found below:

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



Essilorluxottica Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Essilorluxottica's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Essilorluxottica's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Essilorluxottica  (OTCPK:ESLOY) 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.


Essilorluxottica Debt-to-Equity Related Terms

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


Essilorluxottica (Essilorluxottica) Business Description

Address
147, Rue de Paris, Charenton-Le-Pont, Paris, FRA, 94220
EssilorLuxottica is a combination of the leading manufacturer of premium frames and sunglasses and the leading manufacturer of optical lenses. Both companies are significantly larger than the next biggest player in their respective fields and command over 15% of the fragmented global eyewear market. The company has a broad geographical presence, with around 36% of sales in Europe, 47% in North America, and the rest in Asia and Latin America.

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