Inghams Group (FRA:IH1) Debt-to-Equity : 7.73 (As of Dec. 2023)

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What is Inghams Group Debt-to-Equity?

Inghams Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €100 Mil. Inghams Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €970 Mil. Inghams Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €138 Mil. Inghams Group's debt to equity for the quarter that ended in Dec. 2023 was 7.73.

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

FRA:IH1' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.61 Med: 9.37 Max: 14.88
Current: 7.73

During the past 7 years, the highest Debt-to-Equity Ratio of Inghams Group was 14.88. The lowest was 1.61. And the median was 9.37.

FRA:IH1's Debt-to-Equity is ranked worse than
98.42% of 1644 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs FRA:IH1: 7.73

Inghams Group Debt-to-Equity Historical Data

The historical data trend for Inghams 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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Inghams Group Debt-to-Equity Chart

Inghams Group Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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2.42

14.88

11.19

11.39

8.76

Inghams Group Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										10.38	11.39	9.97	8.76	7.73

Competitive Comparison of Inghams Group's Debt-to-Equity

For the Farm Products subindustry, Inghams 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.

Inghams Group's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Inghams Group's Debt-to-Equity distribution charts can be found below:

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

Inghams Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Inghams Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(95.769	+	999.008)	/	125.008
	=	8.76

Inghams 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
	=	(99.986	+	969.97)	/	138.348
	=	7.73

Inghams Group (FRA:IH1) 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.

Inghams Group Debt-to-Equity Related Terms

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Inghams Group (FRA:IH1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Inghams Group Ltd (FRA:IH1) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ING:Australia

Address

1 Julius Avenue, Level 4, North Ryde, Sydney, NSW, AUS, 2113

Website

https://www.inghams.com.au

Inghams is the largest vertically integrated poultry producer in Australia and New Zealand. The firm enjoys a number-one position in Australia with approximately 40% market share and a number-two position in New Zealand with around 35% share. Inghams supplies poultry products, notably to major Australian supermarkets Woolworths and Coles, and quick-service restaurants McDonalds and KFC. Sales are heavily skewed toward poultry, which includes the production and sale of chicken and turkey products.

Inghams Group (FRA:IH1) Headlines

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