Mitsui DM Sugar Holdings Co (TSE:2109) Debt-to-Equity : 0.41 (As of Dec. 2023)

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What is Mitsui DM Sugar Holdings Co Debt-to-Equity?

Mitsui DM Sugar Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円9,570 Mil. Mitsui DM Sugar Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円35,880 Mil. Mitsui DM Sugar Holdings Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円110,206 Mil. Mitsui DM Sugar Holdings Co's debt to equity for the quarter that ended in Dec. 2023 was 0.41.

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 Mitsui DM Sugar Holdings Co's Debt-to-Equity or its related term are showing as below:

TSE:2109' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.27 Max: 0.45
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of Mitsui DM Sugar Holdings Co was 0.45. The lowest was 0.21. And the median was 0.27.

TSE:2109's Debt-to-Equity is ranked better than
50.88% of 1641 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs TSE:2109: 0.40

Mitsui DM Sugar Holdings Co Debt-to-Equity Historical Data

The historical data trend for Mitsui DM Sugar Holdings 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.

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Mitsui DM Sugar Holdings Co Debt-to-Equity Chart

Mitsui DM Sugar Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.24

0.23

0.30

0.45

0.40

Mitsui DM Sugar Holdings 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															0.45	0.41	0.38	0.41	0.40

Competitive Comparison of Mitsui DM Sugar Holdings Co's Debt-to-Equity

For the Confectioners subindustry, Mitsui DM Sugar Holdings 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.

Mitsui DM Sugar Holdings Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Mitsui DM Sugar Holdings Co's Debt-to-Equity falls into.

Mitsui DM Sugar Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mitsui DM Sugar Holdings Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(8507	+	36219)	/	112163
	=	0.40

Mitsui DM Sugar Holdings Co'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
	=	(9570	+	35880)	/	110206
	=	0.41

Mitsui DM Sugar Holdings Co (TSE:2109) 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.

Mitsui DM Sugar Holdings Co Debt-to-Equity Related Terms

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Mitsui DM Sugar Holdings Co (TSE:2109) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mitsui DM Sugar Holdings Co Ltd (TSE:2109) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

36-2, Nihonbashi-Hakozakicho, Chuo-ku, Tokyo, JPN, 103-8423

Website

https://www.mitsui-sugar.co.jp

Mitsui DM Sugar Holdings Co Ltd is in the business of manufacturing and selling raw sugar and its products, food science, and real estate. The company manufactures and promotes its products under the brand name of Spoon brand. Its products include home use products, business use products, tabletop products, alternative sweeteners.

Mitsui DM Sugar Holdings Co (TSE:2109) Headlines

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