National Vision Holdings (FRA:7NV) Debt-to-Equity : 1.10 (As of Mar. 2024)

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What is National Vision Holdings Debt-to-Equity?

National Vision Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €89 Mil. National Vision Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €762 Mil. National Vision Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €774 Mil. National Vision Holdings's debt to equity for the quarter that ended in Mar. 2024 was 1.10.

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 National Vision Holdings's Debt-to-Equity or its related term are showing as below:

FRA:7NV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.76 Med: 1.12 Max: 3.7
Current: 1.1

During the past 9 years, the highest Debt-to-Equity Ratio of National Vision Holdings was 3.70. The lowest was 0.76. And the median was 1.12.

FRA:7NV's Debt-to-Equity is ranked worse than
71% of 1000 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs FRA:7NV: 1.10

National Vision Holdings Debt-to-Equity Historical Data

The historical data trend for National Vision Holdings'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.

National Vision Holdings Debt-to-Equity Chart

National Vision Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.23

1.15

1.05

1.11

National Vision Holdings 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															1.13	1.12	1.21	1.11	1.10

Competitive Comparison of National Vision Holdings's Debt-to-Equity

For the Specialty Retail subindustry, National Vision Holdings'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.

National Vision Holdings's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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

National Vision Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

National Vision Holdings'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
	=	(87.915	+	758.895)	/	760.576
	=	1.11

National Vision Holdings'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
	=	(88.89	+	762.41)	/	774.013
	=	1.10

National Vision Holdings (FRA:7NV) 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.

National Vision Holdings Debt-to-Equity Related Terms

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

National Vision Holdings (FRA:7NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » National Vision Holdings Inc (FRA:7NV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

EYE:USA

Address

2435 Commerce Avenue, Building 2200, Duluth, GA, USA, 30096

Website

https://www.nationalvision.com

National Vision Holdings Inc is an optical retailer in the U.S. Its product portfolio includes eyeglasses and sunglasses, contact lenses, accessories, and other products. The company has two operating segments; Owned and Host segment includes company-owned brands America's Best and Eyeglass World, In America's Best stores, vision care services are provided by optometrists or by independent professional corporations and Host operating consist of Military and Fred Meyer which provide eye exams by independent optometrists, and the Legacy segment manages the operations of, and supplies inventory and lab processing services to Legacy retail Vision Centers. It earns a majority of its revenue from the Owned and Host segment.

National Vision Holdings (FRA:7NV) Headlines

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