Parkson Retail Group (Parkson Retail Group) Debt-to-Equity : 1.70 (As of Dec. 2023)

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What is Parkson Retail Group Debt-to-Equity?

Parkson Retail Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $114.6 Mil. Parkson Retail Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $657.0 Mil. Parkson Retail Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $454.5 Mil. Parkson Retail Group's debt to equity for the quarter that ended in Dec. 2023 was 1.70.

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

PKSGY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.67 Med: 1.18 Max: 1.98
Current: 1.7

During the past 13 years, the highest Debt-to-Equity Ratio of Parkson Retail Group was 1.98. The lowest was 0.67. And the median was 1.18.

PKSGY's Debt-to-Equity is ranked worse than
82.83% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs PKSGY: 1.70

Parkson Retail Group Debt-to-Equity Historical Data

The historical data trend for Parkson Retail 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.

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Parkson Retail Group Debt-to-Equity Chart

Parkson Retail Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.98

1.86

1.47

1.86

1.70

Parkson Retail Group Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.86	1.69	1.81	1.73	1.70

Competitive Comparison of Parkson Retail Group's Debt-to-Equity

For the Department Stores subindustry, Parkson Retail 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.

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

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

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

Parkson Retail Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Parkson Retail 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
	=	(114.566	+	657.047)	/	454.461
	=	1.70

Parkson Retail 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
	=	(114.566	+	657.047)	/	454.461
	=	1.70

Parkson Retail Group (OTCPK:PKSGY) 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.

Parkson Retail Group Debt-to-Equity Related Terms

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Parkson Retail Group (Parkson Retail Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Parkson Retail Group Ltd (OTCPK:PKSGY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

03368:Hong Kong

Address

No. 555, Loushanguan Road, 5th Floor, Metro Plaza, Changning District, Shanghai, CHN, 200051

Website

http://www.parksongroup.com.cn

Parkson Retail Group Ltd is engaged in departmental store operations. It manages a diversified collection of retail formats - including department stores, shopping malls, city outlets, supermarkets, and food & beverage outlets. The Group has one major operating segment: Retail. It operates mainly in the PRC.

Parkson Retail Group (Parkson Retail Group) Headlines

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