United Food Holdings (SGX:AZR) Debt-to-Equity : 0.10 (As of Dec. 2023)

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What is United Food Holdings Debt-to-Equity?

United Food Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$1.86 Mil. United Food Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0.00 Mil. United Food Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$19.66 Mil. United Food Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.09.

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

SGX:AZR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.08 Max: 0.34
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of United Food Holdings was 0.34. The lowest was 0.04. And the median was 0.08.

SGX:AZR's Debt-to-Equity is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.4 vs SGX:AZR: 0.10

United Food Holdings Debt-to-Equity Historical Data

The historical data trend for United Food 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.

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United Food Holdings Debt-to-Equity Chart

United Food Holdings Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Mar19

Mar20

Mar21

Mar22

Debt-to-Equity

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0.04

0.05

0.08

United Food Holdings Quarterly Data
	Sep18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.09	0.09	0.09	0.09	0.10

Competitive Comparison of United Food Holdings's Debt-to-Equity

For the Packaged Foods subindustry, United Food 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.

United Food Holdings's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

United Food Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

United Food Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 2022 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
	=	(2.139	+	0)	/	26.353
	=	0.08

United Food Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(1.864	+	0)	/	19.655
	=	0.09

United Food Holdings (SGX:AZR) 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.

United Food Holdings Debt-to-Equity Related Terms

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

United Food Holdings (SGX:AZR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » United Food Holdings Ltd (SGX:AZR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3A Chater Road Central, 16 Floor, The Hong Kong Club Building, Hong Kong, HKG

Website

http://www.unitedfood.com.sg

United Food Holdings Ltd is a Bermuda based company. It operates through the following business segments: Trading segment, Additives segment, Animal feed and traditional medicine segment and Others. The firm generates majority revenue from the Mainland China.

United Food Holdings (SGX:AZR) Headlines

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