Kerry Group (Kerry Group) Debt-to-Equity : 0.39 (As of Dec. 2023)

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What is Kerry Group Debt-to-Equity?

Kerry Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $69 Mil. Kerry Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,699 Mil. Kerry Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7,112 Mil. Kerry Group's debt to equity for the quarter that ended in Dec. 2023 was 0.39.

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 Kerry Group's Debt-to-Equity or its related term are showing as below:

KRYAY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39 Med: 0.56 Max: 0.74
Current: 0.39

During the past 13 years, the highest Debt-to-Equity Ratio of Kerry Group was 0.74. The lowest was 0.39. And the median was 0.56.

KRYAY's Debt-to-Equity is ranked better than
51.61% of 1641 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs KRYAY: 0.39

Kerry Group Debt-to-Equity Historical Data

The historical data trend for Kerry Group'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.

Kerry Group Debt-to-Equity Chart

Kerry Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.58

0.56

0.57

0.52

0.39

Kerry Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.57	0.52	0.52	0.38	0.39

Competitive Comparison of Kerry Group's Debt-to-Equity

For the Packaged Foods subindustry, Kerry Group'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.

Kerry Group's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kerry Group's Debt-to-Equity distribution charts can be found below:

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

Kerry Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kerry Group'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
	=	(69.029	+	2699.019)	/	7111.559
	=	0.39

Kerry Group'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
	=	(69.029	+	2699.019)	/	7111.559
	=	0.39

Kerry Group (OTCPK:KRYAY) 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.

Kerry Group Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Kerry Group's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Kerry Group (Kerry Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kerry Group PLC (OTCPK:KRYAY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KRYAF:USA KRZ:Ireland KYGAl:UK KYGA:UK KRZA:Germany KRZA:Germany KRZ:Germany KRZ:Germany

Address

Prince's Street, Tralee, Kerry, IRL, V92 EH11

Website

https://www.kerry.com

Kerry Group is a global leader in taste and ingredient technology servicing the food, beverage, and pharmaceutical sectors. The company has more than 200 locations that supply clients in more than 50 countries. It gets around 80% of its revenue from developed countries and 20% from the developing world, servicing a wide range of end-use sectors, such as meat, meals, snacks, dairy, drinks, and pharmaceuticals. Kerry has expanded through a combination of organic development and multiple tuck-in acquisitions.