Fossil Group (FRA:FSL) Debt-to-Equity : 1.53 (As of Dec. 2023)

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What is Fossil Group Debt-to-Equity?

Fossil Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €40 Mil. Fossil Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €316 Mil. Fossil Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €233 Mil. Fossil Group's debt to equity for the quarter that ended in Dec. 2023 was 1.53.

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

FRA:FSL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.63 Med: 0.84 Max: 1.53
Current: 1.53

During the past 13 years, the highest Debt-to-Equity Ratio of Fossil Group was 1.53. The lowest was 0.63. And the median was 0.84.

FRA:FSL's Debt-to-Equity is ranked worse than
80.34% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs FRA:FSL: 1.53

Fossil Group Debt-to-Equity Historical Data

The historical data trend for Fossil 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.

Fossil Group Debt-to-Equity Chart

Fossil Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.12

1.19

0.81

1.03

1.53

Fossil Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.03	1.14	1.25	1.57	1.53

Competitive Comparison of Fossil Group's Debt-to-Equity

For the Luxury Goods subindustry, Fossil 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.

Fossil Group's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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

Fossil Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fossil Group'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
	=	(40.389	+	316.023)	/	233.131
	=	1.53

Fossil Group's Debt to Equity Ratio for the quarter 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
	=	(40.389	+	316.023)	/	233.131
	=	1.53

Fossil Group (FRA:FSL) 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.

Fossil Group Debt-to-Equity Related Terms

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

Fossil Group (FRA:FSL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fossil Group Inc (FRA:FSL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FOSL:USA FSL:Germany

Address

901 S. Central Expressway, Richardson, TX, USA, 75080

Website

https://www.fossilgroup.com

Fossil Group Inc is a design, innovation and distribution company in consumer fashion accessories. The products include traditional watches, smartwatches, jewelry, handbags, small leather goods, belts and sunglasses. The reportable segments are comprised of 1) Americas segment includes sales in Canada, Latin America and the United States. 2) Europe segment includes sales in European countries, the Middle East and Africa. 3) Asia segment includes sales in Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, Singapore, South Korea and Thailand. Each reportable operating segment includes sales to wholesale and distributor customers, and sales through Company-owned retail stores and e-commerce activities based on the location of the selling entity.

Fossil Group (FRA:FSL) Headlines

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