Belc Co (TSE:9974) Debt-to-Equity : 0.35 (As of Nov. 2023)

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What is Belc Co Debt-to-Equity?

Belc Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円7,509 Mil. Belc Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円27,204 Mil. Belc Co's Total Stockholders Equity for the quarter that ended in Nov. 2023 was 円98,544 Mil. Belc Co's debt to equity for the quarter that ended in Nov. 2023 was 0.35.

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 Belc Co's Debt-to-Equity or its related term are showing as below:

TSE:9974' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.36 Max: 0.48
Current: 0.35

During the past 13 years, the highest Debt-to-Equity Ratio of Belc Co was 0.48. The lowest was 0.29. And the median was 0.36.

TSE:9974's Debt-to-Equity is ranked better than
64.49% of 276 companies
in the Retail - Defensive industry
Industry Median: 0.62 vs TSE:9974: 0.35

Belc Co Debt-to-Equity Historical Data

The historical data trend for Belc 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.

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Belc Co Debt-to-Equity Chart

Belc Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-Equity

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0.35

0.29

0.36

0.39

0.35

Belc Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.39	0.36	0.37	0.35	0.35

Competitive Comparison of Belc Co's Debt-to-Equity

For the Grocery Stores subindustry, Belc 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.

Belc Co's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Belc Co's Debt-to-Equity distribution charts can be found below:

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

Belc Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Belc Co's Debt to Equity Ratio for the fiscal year that ended in Feb. 2024 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
	=	(7945	+	26566)	/	99964
	=	0.35

Belc Co's Debt to Equity Ratio for the quarter that ended in Nov. 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
	=	(7509	+	27204)	/	98544
	=	0.35

Belc Co (TSE:9974) 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.

Belc Co Debt-to-Equity Related Terms

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Belc Co (TSE:9974) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Belc Co Ltd (TSE:9974) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5456 Yodo Yorii-machi, Osato-gun, Saitama, JPN, 369-1298

Website

http://www.belc.co.jp

Belc Co Ltd manages a chain of food supermarkets in Japan. The company is headquartered in Japan and earns the entirety of its revenue domestically. The company has a chain of retail stores in the Tokyo metropolitan area and is focused on the Saitama prefecture. Through its subsidiaries, Belc Co. Ltd is involved with the production and distribution of food items and ready-made meals to its self-run stores. Its products include perishable goods, grocery items, sundry items, daily necessities and processed food. Belc Co. Ltd also provides services to its stores including chain management and cleaning.

Belc Co (TSE:9974) Headlines

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