Fonterra Co-operative Group (NZSE:FCG) Debt-to-Equity : 0.51 (As of Jul. 2023)

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What is Fonterra Co-operative Group Debt-to-Equity?

Fonterra Co-operative Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was NZ$887 Mil. Fonterra Co-operative Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was NZ$3,156 Mil. Fonterra Co-operative Group's Total Stockholders Equity for the quarter that ended in Jul. 2023 was NZ$7,906 Mil. Fonterra Co-operative Group's debt to equity for the quarter that ended in Jul. 2023 was 0.51.

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

NZSE:FCG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.51 Med: 0.89 Max: 1.17
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of Fonterra Co-operative Group was 1.17. The lowest was 0.51. And the median was 0.89.

NZSE:FCG's Debt-to-Equity is ranked worse than
56.29% of 1654 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs NZSE:FCG: 0.51

Fonterra Co-operative Group Debt-to-Equity Historical Data

The historical data trend for Fonterra Co-operative 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.

Fonterra Co-operative Group Debt-to-Equity Chart

Fonterra Co-operative Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

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1.15

0.91

0.74

0.76

0.51

Fonterra Co-operative Group Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23
Debt-to-Equity	Get a 7-Day Free Trial															0.74	0.87	0.76	0.70	0.51

Competitive Comparison of Fonterra Co-operative Group's Debt-to-Equity

For the Packaged Foods subindustry, Fonterra Co-operative 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.

Fonterra Co-operative Group's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

Fonterra Co-operative Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fonterra Co-operative Group's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(887	+	3156)	/	7906
	=	0.51

Fonterra Co-operative Group's Debt to Equity Ratio for the quarter that ended in Jul. 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
	=	(887	+	3156)	/	7906
	=	0.51

Fonterra Co-operative Group (NZSE:FCG) 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.

Fonterra Co-operative Group Debt-to-Equity Related Terms

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Fonterra Co-operative Group (NZSE:FCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fonterra Co-operative Group Ltd (NZSE:FCG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

109 Fanshawe Street, Auckland Central, Auckland, NZL, 1010

Website

https://www.fonterra.com

Fonterra Co-operative Group Ltd operates predominantly in the international dairy industry. The company is involved in the collection, manufacture, and sale of milk and milk-derived products through its ingredients, Consumer and Foodservice channels. The company's reportable segments are Global Markets, Greater China, and Core Operations and the majority of the revenue is generated from its core operations segment. Its primary geographic markets are China, the Rest of Asia, Australia, New Zealand, the United States, Latin America, and the Rest of the world.