Angling Direct (LSE:ANG) Debt-to-Equity : 0.30 (As of Jan. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Angling Direct Debt-to-Equity?

Angling Direct's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was £1.81 Mil. Angling Direct's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was £9.75 Mil. Angling Direct's Total Stockholders Equity for the quarter that ended in Jan. 2024 was £38.53 Mil. Angling Direct's debt to equity for the quarter that ended in Jan. 2024 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 Angling Direct's Debt-to-Equity or its related term are showing as below:

LSE:ANG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.34 Max: 5.69
Current: 0.3

During the past 10 years, the highest Debt-to-Equity Ratio of Angling Direct was 5.69. The lowest was 0.23. And the median was 0.34.

LSE:ANG's Debt-to-Equity is ranked better than
69.1% of 1000 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs LSE:ANG: 0.30

Angling Direct Debt-to-Equity Historical Data

The historical data trend for Angling Direct'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.

Angling Direct Debt-to-Equity Chart

Angling Direct Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Debt-to-Equity

Get a 7-Day Free Trial

0.38

0.31

0.30

0.31

0.30

Angling Direct Semi-Annual Data
	Jan15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial													0.30	0.29	0.31	0.30	0.30

Competitive Comparison of Angling Direct's Debt-to-Equity

For the Specialty Retail subindustry, Angling Direct'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.

Angling Direct's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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

Angling Direct Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Angling Direct's Debt to Equity Ratio for the fiscal year that ended in Jan. 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
	=	(1.809	+	9.754)	/	38.525
	=	0.30

Angling Direct's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(1.809	+	9.754)	/	38.525
	=	0.30

Angling Direct (LSE:ANG) 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.

Angling Direct Debt-to-Equity Related Terms

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

Angling Direct (LSE:ANG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Angling Direct PLC (LSE:ANG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2D Wendover Road, Rackheath Industrial Estate, Rackheath, Norwich, Norfolk, GBR, NR13 6LH

Website

https://www.anglingdirect.co.uk

Angling Direct PLC is a United Kingdom-based fishing tackle retailer company. The company is engaged in the retail sale of sports goods, fishing gear, camping goods, boats, and bicycles. The company operates into two operating segments: Stores and Online. The company derives revenue from Retail store sales and E-commerce and also sells baits, additives, sunglasses, waders, boots, seat box accessories, buckets, rod pods, nets, indicators, reels, umbrellas, and other products and services. The company operates in the UK.

Angling Direct (LSE:ANG) Headlines

No Headlines