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Nitto Fuji Flour Milling Co (TSE:2003) Debt-to-Equity : 0.01 (As of Dec. 2023)


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What is Nitto Fuji Flour Milling Co Debt-to-Equity?

Nitto Fuji Flour Milling Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円500 Mil. Nitto Fuji Flour Milling Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Nitto Fuji Flour Milling Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円48,535 Mil. Nitto Fuji Flour Milling Co's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 Nitto Fuji Flour Milling Co's Debt-to-Equity or its related term are showing as below:

TSE:2003' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.16
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Nitto Fuji Flour Milling Co was 0.16. The lowest was 0.01. And the median was 0.03.

TSE:2003's Debt-to-Equity is ranked better than
99.94% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs TSE:2003: 0.01

Nitto Fuji Flour Milling Co Debt-to-Equity Historical Data

The historical data trend for Nitto Fuji Flour Milling Co'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.

Nitto Fuji Flour Milling Co Debt-to-Equity Chart

Nitto Fuji Flour Milling Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.02 0.01 0.01 0.01

Nitto Fuji Flour Milling Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Nitto Fuji Flour Milling Co's Debt-to-Equity

For the Farm Products subindustry, Nitto Fuji Flour Milling Co'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.


Nitto Fuji Flour Milling Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nitto Fuji Flour Milling Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nitto Fuji Flour Milling Co's Debt-to-Equity falls into.



Nitto Fuji Flour Milling Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nitto Fuji Flour Milling Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Nitto Fuji Flour Milling Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Nitto Fuji Flour Milling Co  (TSE:2003) 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.


Nitto Fuji Flour Milling Co Debt-to-Equity Related Terms

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Nitto Fuji Flour Milling Co (TSE:2003) Business Description

Traded in Other Exchanges
N/A
Address
1-3-17 Shinkawa, Chuo-ku, Tokyo, JPN, 104-0033
Nitto Fuji Flour Milling Co Ltd is engaged in the manufacture and sale of wheat flour and bran. The company is also involved in warehousing business and designing and installation of machines and equipment.

Nitto Fuji Flour Milling Co (TSE:2003) Headlines

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