Takara Holdings (FRA:TAX) Debt-to-Equity : 0.18 (As of Dec. 2023)

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What is Takara Holdings Debt-to-Equity?

Takara Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €96 Mil. Takara Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €162 Mil. Takara Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,435 Mil. Takara Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.18.

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 Takara Holdings's Debt-to-Equity or its related term are showing as below:

FRA:TAX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.28 Max: 0.38
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of Takara Holdings was 0.38. The lowest was 0.18. And the median was 0.28.

FRA:TAX's Debt-to-Equity is ranked better than
66.85% of 184 companies
in the Beverages - Alcoholic industry
Industry Median: 0.39 vs FRA:TAX: 0.18

Takara Holdings Debt-to-Equity Historical Data

The historical data trend for Takara Holdings'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.

Takara Holdings Debt-to-Equity Chart

Takara Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.28

0.26

0.28

0.30

0.22

Takara Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.19	0.22	0.19	0.19	0.18

Competitive Comparison of Takara Holdings's Debt-to-Equity

For the Beverages - Brewers subindustry, Takara Holdings'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.

Takara Holdings's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Takara Holdings's Debt-to-Equity distribution charts can be found below:

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

Takara Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Takara Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(34.372	+	276.977)	/	1425.132
	=	0.22

Takara Holdings'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
	=	(95.781	+	162.126)	/	1434.805
	=	0.18

Takara Holdings (FRA:TAX) 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.

Takara Holdings Debt-to-Equity Related Terms

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Takara Holdings (FRA:TAX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Takara Holdings Inc (FRA:TAX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

2531:Japan

Address

20 Naginataboko-cho, Shijo-dori Karasuma Higashi-iru, Shimogyo-ku, Kyoto, JPN, 600-8688

Website

http://www.takara.co.jp

Takara Holdings Inc operates three businesses: Alcoholic Beverages and Seasonings, Biomedical, and Health Foods. Roughly 80% of the company's sales come from Japan. The Alcoholic Beverages and Seasonings business, which manufactures shochu, sake, light-alcohol refreshers, seasonings, and raw alcohol, generates the vast majority of the company's revenue. Most remaining revenue comes from the biomedical business, which primarily manufactures and sells reagents and other instruments for biomedical researchers but also provides contract research services and develops health food ingredients. Takara's foods business develops and sells health food products that are largely based on seaweed, algae, and herbs.

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