Michaels Companies Debt 2024

Michaels Companies Aktienanalyse

What does Michaels Companies do?

The Michaels Companies Inc. is one of the largest retail companies for crafting supplies and art supplies in North America. The company operates over 1,200 stores in the United States and Canada and has been publicly traded since 1984. The company was founded in 1973 by Michael J. Dupey in Dallas, Texas and initially specialized in the sale of frames and framing materials. It quickly grew and expanded its offerings to include other arts and crafts supplies. In 1983, it was acquired by Interco Inc, a conglomerate that also owned the department store chain Montgomery Ward. The company went public in 1984 and became an independent entity. The business model of The Michaels Companies Inc. is focused on offering a wide range of materials and tools for customers to use in their creative projects. The company specializes in products for arts, crafts, floristry, and decoration, and regularly hosts workshops and classes. The company operates different business divisions to cater to the diverse needs of its customers. Michaels is the main retail brand, known for its extensive range of crafting supplies. Aaron Brothers is a subsidiary specializing in art and framing. Recollections is an in-house brand offering products for scrapbooking and paper crafts. Darice is a wholesaler of crafting materials. The company's product range includes wool, yarn, and knitting accessories; fabrics and sewing supplies; paints and brushes; paper and paper crafts; jewelry making and beads; floristry and decorating materials; frames and framing accessories. The company has recently expanded into DIY projects and home decor products. In conclusion, The Michaels Companies Inc. is a well-known retail company specializing in arts and crafts supplies. It operates stores in the USA and Canada and offers a wide range of materials and accessories for various creative projects. Alongside its own stores, the company also oversees subsidiaries like Aaron Brothers and Darice. Michaels Companies ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Michaels Companies's Debt Structure

Michaels Companies's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Michaels Companies's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Michaels Companies’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Michaels Companies’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Michaels Companies stock

What is the debt of Michaels Companies this year?

Michaels Companies has a debt level of 1,303.26 USD this year.

What was the debt of Michaels Companies compared to the previous year?

The debt of Michaels Companies has increased by 0% compared to the previous year dropped.

What are the consequences of high debt for investors in Michaels Companies?

High debt can pose a risk for investors of Michaels Companies, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Michaels Companies?

Low debt means that Michaels Companies has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Michaels Companies affect the company?

An increase in debt of Michaels Companies can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Michaels Companies affect the company?

A reduction in debt of Michaels Companies can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Michaels Companies?

Some factors that can influence the debt of Michaels Companies include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Michaels Companies so important for investors?

The debts of Michaels Companies are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Michaels Companies take to change the debt?

To change the debt, Michaels Companies can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Michaels Companies pay?

Over the past 12 months, Michaels Companies paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Michaels Companies is expected to pay a dividend of 0 USD.

What is the dividend yield of Michaels Companies?

The current dividend yield of Michaels Companies is .

When does Michaels Companies pay dividends?

Michaels Companies pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Michaels Companies?

Michaels Companies paid dividends every year for the past 0 years.

What is the dividend of Michaels Companies?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Michaels Companies located?

Michaels Companies is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Michaels Companies kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Michaels Companies from 12/12/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 12/12/2024.

When did Michaels Companies pay the last dividend?

The last dividend was paid out on 12/12/2024.

What was the dividend of Michaels Companies in the year 2023?

In the year 2023, Michaels Companies distributed 0 USD as dividends.

In which currency does Michaels Companies pay out the dividend?

The dividends of Michaels Companies are distributed in USD.