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Kameda Seika Co (TSE:2220) Debt-to-Equity : 0.33 (As of Dec. 2023)


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What is Kameda Seika Co Debt-to-Equity?

Kameda Seika Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円10,399 Mil. Kameda Seika Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円11,571 Mil. Kameda Seika Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円67,216 Mil. Kameda Seika Co's debt to equity for the quarter that ended in Dec. 2023 was 0.33.

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

TSE:2220' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13   Med: 0.26   Max: 0.36
Current: 0.34

During the past 13 years, the highest Debt-to-Equity Ratio of Kameda Seika Co was 0.36. The lowest was 0.13. And the median was 0.26.

TSE:2220's Debt-to-Equity is ranked better than
55.13% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs TSE:2220: 0.34

Kameda Seika Co Debt-to-Equity Historical Data

The historical data trend for Kameda Seika 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.

* Premium members only.

Kameda Seika Co Debt-to-Equity Chart

Kameda Seika Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.27 0.30 0.36 0.34

Kameda Seika 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 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 0.36 0.32 0.31 0.33 0.34

Competitive Comparison of Kameda Seika Co's Debt-to-Equity

For the Packaged Foods subindustry, Kameda Seika 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.


Kameda Seika Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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



Kameda Seika Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kameda Seika Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Kameda Seika Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Kameda Seika Co  (TSE:2220) 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.


Kameda Seika Co Debt-to-Equity Related Terms

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Kameda Seika Co (TSE:2220) Business Description

Traded in Other Exchanges
N/A
Address
3-1-1, Kangnam-gu, Niigata, JPN, 950-0198
Kameda Seika Co Ltd is a manufacturer of rice market confection. The company's product portfolio includes soft rice cracker, hard rice cracker, jealous, hailstone, appetizers, seaweed roll, fried rice crackers, baby sweets, fusion, Kameda's special rice, other sweets and healthcare products. It sells its products to supermarkets and convenience stores such as Kameda Seika and Nissin confectionery.

Kameda Seika Co (TSE:2220) Headlines

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