Quantum Foods Holdings (JSE:QFH) Debt-to-Equity : 0.07 (As of Mar. 2024)

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What is Quantum Foods Holdings Debt-to-Equity?

Quantum Foods Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R25 Mil. Quantum Foods Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R122 Mil. Quantum Foods Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was R2,019 Mil. Quantum Foods Holdings's debt to equity for the quarter that ended in Mar. 2024 was 0.07.

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

JSE:QFH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.08
Current: 0.07

During the past 10 years, the highest Debt-to-Equity Ratio of Quantum Foods Holdings was 0.08. The lowest was 0.00. And the median was 0.03.

JSE:QFH's Debt-to-Equity is ranked better than
84.95% of 1641 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs JSE:QFH: 0.07

Quantum Foods Holdings Debt-to-Equity Historical Data

The historical data trend for Quantum Foods Holdings'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.

Quantum Foods Holdings Debt-to-Equity Chart

Quantum Foods Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.04

0.06

0.08

0.02

Quantum Foods Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.05	0.08	0.08	0.02	0.07

Competitive Comparison of Quantum Foods Holdings's Debt-to-Equity

For the Farm Products subindustry, Quantum Foods Holdings'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.

Quantum Foods Holdings's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

Quantum Foods Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Quantum Foods Holdings's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(21.299	+	21.907)	/	2015.936
	=	0.02

Quantum Foods Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(24.971	+	122.237)	/	2019.019
	=	0.07

Quantum Foods Holdings (JSE:QFH) 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.

Quantum Foods Holdings Debt-to-Equity Related Terms

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Quantum Foods Holdings (JSE:QFH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Quantum Foods Holdings Ltd (JSE:QFH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Main Road, Wellington, WC, ZAF, 7655

Website

https://www.quantumfoods.co.za

Quantum Foods Holdings Ltd is a food manufacturing company. It is engaged in the feeds and poultry business providing animal protein to selected South African and African markets. The company's segments include Eggs, Farming, Animal feeds, and other African countries. Quantum Foods comprises eggs, broiler and layer farming and animal feeds in South Africa. The company derives majority of its revenue from Animal feeds.

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