Yakult Honsha Co (Yakult Honsha Co) Debt-to-Equity : 0.12 (As of Dec. 2023)

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What is Yakult Honsha Co Debt-to-Equity?

Yakult Honsha Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $379 Mil. Yakult Honsha Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $81 Mil. Yakult Honsha Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,886 Mil. Yakult Honsha Co's debt to equity for the quarter that ended in Dec. 2023 was 0.12.

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

YKLTY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.31 Max: 0.43
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Yakult Honsha Co was 0.43. The lowest was 0.11. And the median was 0.31.

YKLTY's Debt-to-Equity is ranked better than
67.03% of 91 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.3 vs YKLTY: 0.12

Yakult Honsha Co Debt-to-Equity Historical Data

The historical data trend for Yakult Honsha 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.

Yakult Honsha Co Debt-to-Equity Chart

Yakult Honsha Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.35

0.31

0.25

0.19

0.16

Yakult Honsha 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															0.14	0.16	0.12	0.11	0.12

Competitive Comparison of Yakult Honsha Co's Debt-to-Equity

For the Beverages - Non-Alcoholic subindustry, Yakult Honsha 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.

Yakult Honsha Co's Debt-to-Equity Distribution in the Beverages - Non-Alcoholic Industry

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

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

Yakult Honsha Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yakult Honsha Co'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
	=	(409.556	+	167.554)	/	3730.667
	=	0.15

Yakult Honsha Co'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
	=	(378.931	+	81.441)	/	3886.09
	=	0.12

Yakult Honsha Co (OTCPK:YKLTY) 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.

Yakult Honsha Co Debt-to-Equity Related Terms

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Yakult Honsha Co (Yakult Honsha Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Yakult Honsha Co Ltd (OTCPK:YKLTY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

2267:Japan YKH:Germany

Address

1-19 Higashi Shimbashi 1-chome, Minato-ku, Tokyo, JPN, 105-0021

Website

http://www.yakult.co.jp

Yakult is a pioneer in probiotics, which launched the probiotic drinks Yakult in 1935 after Minoru Shirota's discovery of Lactobacillus casei strain Shirota, a strain of lactic acid bacteria proved to be able to live in intestines, in 1930. It operates in 40 countries across four continents selling mainly the Yakult probiotic drinks. Apart from the retail outlets, the home delivery channel, served by a team of 83,000 Yakult Ladies globally, contributes about 45% of its probiotic drink volume. Overseas markets comprise 40% of group sales and profits. Yakult has built a meaningful presence in populated emerging markets including China, Indonesia, Mexico, and Brazil. It plans to step up expansion in the U.S. It also operates a pharmaceutical business with an emphasis on oncology drugs.

Yakult Honsha Co (Yakult Honsha Co) Headlines

From GuruFocus

Mario Gabelli Comments on Yakult Honsha

By Sydnee Gatewood Sydnee Gatewood • 03-02-2020