Adairs Debt/Equity
What is the Debt/Equity of Adairs?
The Debt/Equity of Adairs Limited is 1.74
What is the definition of Debt/Equity?
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Debt/Equity of companies in the Consumer Discretionary sector on ASX compared to Adairs
What does Adairs do?
Adairs Limited operates as a specialty retailer of home decoration and furnishing products in Australia and New Zealand. It operates in two segments, Adairs and Mocka. The company offers bedroom, bathroom, furniture, homewares, and kid's products, as well as gifts. It sells its products under various brands and through online stores. The company was formerly known as Home & Decor Holdings Pty Ltd and changed its name to Adairs Limited in May 2015. Adairs Limited was founded in 1918 and is based in Scoresby, Australia.
Companies with debt/equity similar to Adairs
- Lifecore Biomedical Inc has Debt/Equity of 1.73
- Nick Scali has Debt/Equity of 1.73
- Acrux has Debt/Equity of 1.73
- Plexus has Debt/Equity of 1.73
- New Work SE has Debt/Equity of 1.74
- Mawana Sugars has Debt/Equity of 1.74
- Adairs has Debt/Equity of 1.74
- Baguio Green has Debt/Equity of 1.74
- Powerleader Science & Technology has Debt/Equity of 1.74
- Warren Tea has Debt/Equity of 1.74
- JXTG has Debt/Equity of 1.74
- Cisco Systems has Debt/Equity of 1.74
- Cisco Systems has Debt/Equity of 1.74