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Toyo Suisan Kaisha (Toyo Suisan Kaisha) Debt-to-Equity : 0.01 (As of Dec. 2023)


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What is Toyo Suisan Kaisha Debt-to-Equity?

Toyo Suisan Kaisha's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5 Mil. Toyo Suisan Kaisha's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $21 Mil. Toyo Suisan Kaisha's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,004 Mil. Toyo Suisan Kaisha'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 Toyo Suisan Kaisha's Debt-to-Equity or its related term are showing as below:

TSUKY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.02
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Toyo Suisan Kaisha was 0.02. The lowest was 0.01. And the median was 0.02.

TSUKY's Debt-to-Equity is ranked better than
99.94% of 1641 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs TSUKY: 0.01

Toyo Suisan Kaisha Debt-to-Equity Historical Data

The historical data trend for Toyo Suisan Kaisha'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.

Toyo Suisan Kaisha Debt-to-Equity Chart

Toyo Suisan Kaisha 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 0.02 0.01 0.01 0.01 0.01

Toyo Suisan Kaisha 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 Toyo Suisan Kaisha's Debt-to-Equity

For the Packaged Foods subindustry, Toyo Suisan Kaisha'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.


Toyo Suisan Kaisha's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Toyo Suisan Kaisha's Debt-to-Equity falls into.



Toyo Suisan Kaisha Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Toyo Suisan Kaisha's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Toyo Suisan Kaisha'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.


Toyo Suisan Kaisha  (OTCPK:TSUKY) 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.


Toyo Suisan Kaisha Debt-to-Equity Related Terms

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Toyo Suisan Kaisha (Toyo Suisan Kaisha) Business Description

Traded in Other Exchanges
Address
2-13-40, Konan, Minato-ku, Tokyo, JPN, 108-8501
Toyo Suisan Kaisha Ltd is a Japanese packaged-food company. The business segments are: domestic instant noodles, overseas instant noodles, frozen and refrigerated food, processed food, cold storage segment, seafood segment and other. The instant noodles segments, domestic and international, account for slightly more than 50% of total sales. The seafood segment offers salmon, shrimps, and cod to convenience stores and mass retailers. The frozen and refrigerated foods segment offers fresh noodles, ramen noodles for commercial use, household product yakisoba noodles, and edamame (green soybean) varieties. The processed foods segment offers packed cooked rice products, freeze-dried products, and packet soups.

Toyo Suisan Kaisha (Toyo Suisan Kaisha) Headlines

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