GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kagome Co Ltd (OTCPK:KGMEF) » Definitions » Debt-to-Equity

Kagome Co (Kagome Co) Debt-to-Equity : 0.70 (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Kagome Co Debt-to-Equity?

Kagome Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $586 Mil. Kagome Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $91 Mil. Kagome Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $973 Mil. Kagome Co's debt to equity for the quarter that ended in Mar. 2024 was 0.70.

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

KGMEF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24   Med: 0.35   Max: 0.81
Current: 0.7

During the past 13 years, the highest Debt-to-Equity Ratio of Kagome Co was 0.81. The lowest was 0.24. And the median was 0.35.

KGMEF's Debt-to-Equity is ranked worse than
66.65% of 1652 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs KGMEF: 0.70

Kagome Co Debt-to-Equity Historical Data

The historical data trend for Kagome 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.

Kagome Co Debt-to-Equity Chart

Kagome Co Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.48 0.29 0.36 0.48

Kagome Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.42 0.36 0.39 0.48 0.70

Competitive Comparison of Kagome Co's Debt-to-Equity

For the Packaged Foods subindustry, Kagome 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.


Kagome Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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



Kagome Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kagome Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Kagome Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Kagome Co  (OTCPK:KGMEF) 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.


Kagome Co Debt-to-Equity Related Terms

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


Kagome Co (Kagome Co) Business Description

Traded in Other Exchanges
Address
3-14-15, Nishiki, Naka-ku, Nagoya, JPN, 460-0003
Kagome Co Ltd is a Japan-based company engaged in the manufacturing and sale of condiments, foods and beverages purchase, manufacture and sale of seeds, seedlings, fruits, and vegetables. The company's segments include Beverages, Food, Gifts, Direct Marketing, Institutional and Industrial, and Other Businesses. Its international business includes Global Tomato Business and Consumer Business. The company generates the majority of its revenues from the Beverage Business.

Kagome Co (Kagome Co) Headlines

No Headlines