Food Innovators Holdings (SGX:KYB) Debt-to-Equity : -24.58 (As of Feb. 2023)

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What is Food Innovators Holdings Debt-to-Equity?

Food Innovators Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2023 was S$12.95 Mil. Food Innovators Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2023 was S$24.76 Mil. Food Innovators Holdings's Total Stockholders Equity for the quarter that ended in Feb. 2023 was S$-1.53 Mil. Food Innovators Holdings's debt to equity for the quarter that ended in Feb. 2023 was -24.58.

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

SGX:KYB's Debt-to-Equity is not ranked ^*
in the Restaurants industry.
Industry Median: 0.89
* Ranked among companies with meaningful Debt-to-Equity only.

Food Innovators Holdings Debt-to-Equity Historical Data

The historical data trend for Food Innovators 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.

Food Innovators Holdings Debt-to-Equity Chart

Food Innovators Holdings Annual Data

Trend

Feb22

Feb23

Feb24

Debt-to-Equity

24.77

-24.58

14.89

Food Innovators Holdings Quarterly Data
	Feb22	Feb23	Feb24
Debt-to-Equity	24.77	-24.58	14.89

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

For the Restaurants subindustry, Food Innovators 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.

Food Innovators Holdings's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Food Innovators Holdings's Debt-to-Equity distribution charts can be found below:

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

Food Innovators Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Food Innovators Holdings's Debt to Equity Ratio for the fiscal year that ended in Feb. 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
	=	(15.059	+	27.262)	/	2.842
	=	14.89

Food Innovators Holdings's Debt to Equity Ratio for the quarter that ended in Feb. 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
	=	(12.947	+	24.761)	/	-1.534
	=	-24.58

Food Innovators Holdings (SGX:KYB) 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.

Food Innovators Holdings Debt-to-Equity Related Terms

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Food Innovators Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Food Innovators Holdings Ltd (SGX:KYB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-18-11 Nishi-Ikebukuro, Dai-3 Aiwa Building 5th Floor, Toshima-ku, Tokyo, JPN, 171-0021

Website

https://www.fih.sg

Food Innovators Holdings Ltd is a restaurant operator. It establishes, operates and manages restaurants specializing in different types of quality traditional Japanese and Japanese-inspired European cuisines. It is a company engaged in two key business segments: the Restaurant Leasing Subleasing Business, which focuses on matching properties and tenants within the restaurant industry in Japan, and the Food Retail Business. Geographically, it operates restaurants in Japan, Singapore, and Malaysia. Most of the revenue is derived from the Restaurant Leasing Subleasing Business.

Food Innovators Holdings Headlines

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