Amer Sports (Amer Sports) Debt-to-Equity : 0.60 (As of Mar. 2024)

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What is Amer Sports Debt-to-Equity?

Amer Sports's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $100 Mil. Amer Sports's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2,301 Mil. Amer Sports's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $4,021 Mil. Amer Sports's debt to equity for the quarter that ended in Mar. 2024 was 0.60.

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

AS' s Debt-to-Equity Range Over the Past 10 Years
Min: -84.38 Med: -41.58 Max: 1839.71
Current: 0.6

During the past 4 years, the highest Debt-to-Equity Ratio of Amer Sports was 1839.71. The lowest was -84.38. And the median was -41.58.

AS's Debt-to-Equity is ranked worse than
57.08% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs AS: 0.60

Amer Sports Debt-to-Equity Historical Data

The historical data trend for Amer Sports'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.

Amer Sports Debt-to-Equity Chart

Amer Sports Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-45.69

165.67

-84.38

-41.58

Amer Sports Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial					N/A	-54.70	1,839.71	-41.58	0.60

Competitive Comparison of Amer Sports's Debt-to-Equity

For the Leisure subindustry, Amer Sports'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.

Amer Sports's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Amer Sports's Debt-to-Equity distribution charts can be found below:

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

Amer Sports Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Amer Sports'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
	=	(470.4	+	6190.8)	/	-160.2
	=	-41.58

Amer Sports'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
	=	(99.9	+	2301)	/	4020.6
	=	0.60

Amer Sports (NYSE:AS) 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.

Amer Sports Debt-to-Equity Related Terms

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Amer Sports (Amer Sports) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Amer Sports Inc (NYSE:AS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Amer Sports Inc. is a group of sports and outdoor brands, including Arc'teryx, Salomon, Wilson, Atomic, and Peak Performance. It has three reportable segments: Technical Apparel, Outdoor Performance as well and Ball & Racquet Sports. Technical Apparel includes outdoor apparel, footwear, and accessories and consists of the Arc'teryx and Peak Performance brands, Outdoor Performance includes outdoor apparel, footwear, accessories, and winter sports equipment and consists of our Salomon, Atomic, Armada, and ENVE brands, Ball & Racquet Sports includes sports equipment, apparel and accessories and consists of our Wilson, Louisville Slugger, DeMarini, EvoShield, Atec and Luxilon brands, all of which comprise the Wilson Sporting Goods portfolio. Max revenue is generated from Outdoor Performance.

Amer Sports (Amer Sports) Headlines

From GuruFocus

Amer Sports, Inc. Announces Launch of its Initial Public Offering

By Business Wire • 01-22-2024