Gan Shmuel Foods (XTAE:GSFI) Debt-to-Equity : 0.30 (As of Dec. 2023)

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What is Gan Shmuel Foods Debt-to-Equity?

Gan Shmuel Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪55.3 Mil. Gan Shmuel Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪100.8 Mil. Gan Shmuel Foods's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪515.5 Mil. Gan Shmuel Foods's debt to equity for the quarter that ended in Dec. 2023 was 0.30.

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 Gan Shmuel Foods's Debt-to-Equity or its related term are showing as below:

XTAE:GSFI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.39 Max: 0.48
Current: 0.3

During the past 12 years, the highest Debt-to-Equity Ratio of Gan Shmuel Foods was 0.48. The lowest was 0.20. And the median was 0.39.

XTAE:GSFI's Debt-to-Equity is ranked worse than
50.55% of 91 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.3 vs XTAE:GSFI: 0.30

Gan Shmuel Foods Debt-to-Equity Historical Data

The historical data trend for Gan Shmuel Foods'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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Gan Shmuel Foods Debt-to-Equity Chart

Gan Shmuel Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.41

0.42

0.37

0.48

0.30

Gan Shmuel Foods 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															0.48	0.50	0.47	0.38	0.30

Competitive Comparison of Gan Shmuel Foods's Debt-to-Equity

For the Beverages - Non-Alcoholic subindustry, Gan Shmuel Foods'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.

Gan Shmuel Foods's Debt-to-Equity Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Gan Shmuel Foods's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Gan Shmuel Foods's Debt-to-Equity falls into.

Gan Shmuel Foods Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gan Shmuel Foods's Debt to Equity Ratio for the fiscal year 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
	=	(55.343	+	100.828)	/	515.463
	=	0.30

Gan Shmuel Foods'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
	=	(55.343	+	100.828)	/	515.463
	=	0.30

Gan Shmuel Foods (XTAE:GSFI) 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.

Gan Shmuel Foods Debt-to-Equity Related Terms

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Gan Shmuel Foods (XTAE:GSFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Gan Shmuel Foods Ltd (XTAE:GSFI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kibbutz Gan Shmuel, Hefer, ISR

Website

http://www.ganshmuel.com

Gan Shmuel Foods Ltd is an Israel based company, engages in the manufacture and sale of citrus fruits for the beverage and food industry. Its products include natural juices, concentrated citrus juices, crystal clear concentrated juices, cloudy citrus concentrates, comminuted citrus juices, citrus bases, pineapple and tropical fruit blends, and tomato products. The company is also involved in providing fruit and vegetable solutions.