Maruichi Co (NGO:8228) Debt-to-Equity: 0.75 (As of Mar. 2026) — 525% Above Median

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NGO:8228 Maruichi Co Ltd NGO:8228
56 GF Score
Price 円1,073.00
GF Value 円1,579.35
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Maruichi Co Debt-to-Equity?

Maruichi Co NGO:8228 -0.46% 56 Debt-to-Equity is 0.75 as of Mar. 2026, which is 525% above its 10-year median of 0.12. GuruFocus rates NGO:8228 with a GF Score™ of 56/100 and a GF Value™ of 円1,579.35 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 282 Retail - Defensive companies, Maruichi Co ranks worse than 59.93% on this metric.

Maruichi Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円8,142 Mil. Maruichi Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円11,068 Mil. Maruichi Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was 円25,772 Mil. Maruichi Co's debt to equity for the quarter that ended in Mar. 2026 was 0.75.

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

NGO:8228' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 0.12   Max: 0.88
Current: 0.81

During the past 13 years, the highest Debt-to-Equity Ratio of Maruichi Co was 0.88. The lowest was 0.08. And the median was 0.12.

NGO:8228's Debt-to-Equity is ranked worse than
59.93% of 282 companies
in the Retail - Defensive industry
Industry Median: 0.56 vs NGO:8228: 0.81

Maruichi Co  (NGO:8228) 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.


Maruichi Co Debt-to-Equity Related Terms


Maruichi Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Maruichi 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.

Maruichi Co Debt-to-Equity Chart

Maruichi Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.08 0.10 0.88 0.75

Maruichi Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.86 0.81 0.79 0.75 0.81

NGO:8228 vs SYY, USFD, PFGC: Debt-to-Equity Comparison

For the Food Distribution subindustry, Maruichi 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.


Maruichi Co Debt-to-Equity vs Retail - Defensive Industry

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

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


NGO:8228
56GF Score
Maruichi Co Ltd NGO:8228
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruichi Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Maruichi Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Maruichi Co's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.75 mean?
Maruichi Co (NGO:8228) has a Debt-to-Equity of 0.75 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Maruichi Co and its competitors. This is 525% above median its historical median of 0.12. Over the past decade, Maruichi Co's Debt-to-Equity has ranged from 0.08 to 0.88. According to the industry distribution chart, Maruichi Co ranks #169 out of 282 companies in the Retail - Defensive industry, placing it in the top 59.9%.
Is Maruichi Co's Debt-to-Equity too high?
Maruichi Co's current Debt-to-Equity of 0.75 is 525% above median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.88. The Retail - Defensive industry median Debt-to-Equity is 0.56. Maruichi Co's value of 0.75 is 33.9% above this industry median. Based on the distribution chart, Maruichi Co ranks #169 out of 282 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Maruichi Co has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maruichi Co's Debt-to-Equity compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Maruichi Co ranks #169 out of 282 companies for Debt-to-Equity. This places Maruichi Co in the lower half of its industry. The industry median Debt-to-Equity is 0.56. Maruichi Co's value of 0.75 is 33.9% above this benchmark. Historically, Maruichi Co's own Debt-to-Equity has ranged from 0.08 to 0.88 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 0.56, Maruichi Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Retail - Defensive company?
The median Debt-to-Equity among Retail - Defensive companies is 0.56, based on 282 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maruichi Co's current Debt-to-Equity of 0.75 is 33.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Maruichi Co and its competitors. For the Retail - Defensive industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruichi Co's current Debt-to-Equity is 0.75, which is 525% above median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruichi Co stock overvalued right now?
Based on GuruFocus' analysis, Maruichi Co (NGO:8228) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,579.35, compared to a current price of 円1,073.00 — trading 32.1% below its estimated fair value. The current Debt-to-Equity is 0.75, which is 525% above median its 10-year median of 0.12 and 33.9% above the Retail - Defensive industry median of 0.56. Maruichi Co's overall GF Score™ is 56/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Maruichi Co (NGO:8228), the current Debt-to-Equity is 0.75 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Maruichi Co (NGO:8228) Overvalued in 2026?

Based on GuruFocus' analysis, Maruichi Co stock appears to be undervalued. The current stock price of 円1,073.00 is trading 32.1% below its estimated GF Value™ of 円1,579.35. GuruFocus considers Maruichi Co to be Significantly Undervalued.

Key valuation signals for NGO:8228:

  • Debt-to-Equity: 0.75 (525% above median its 10-year median of 0.12)
  • GF Value™: 円1,579.35 vs. price of 円1,073.00 (32.1% below fair value)
  • GF Score™: 56/100 with 2 warning signs
  • Industry Position: 33.9% above the Retail - Defensive median (#169 of 282)

No single metric tells the full story. See the NGO:8228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruichi Co Business Description

Address 3-38 Nagano City Market, Nagano, JPN, 381-2281
Maruichi Co Ltd is engaged in the wholesale business of fishery products, dairy foods, and frozen foods, general dry foods, processed foods, livestock products, and processed livestock products, retail store support business, among others. The company has four reportable segments: "Fishery Business", "General Food Business", and "Livestock Business", which are segments by product and service based on business divisions, and "Marusui Nagano Kensui Group", which is a segment by operating company. The company generates the majority of its revenue from Fishery Business segment, which is engaged in seafood, processed seafood products, daily necessities, and frozen foods, and manufactures processed seafood products.
56GF Score

Get the complete analysis for NGO:8228

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,073.00
Price
円1,579.35
GF Value