Meiji Holdings Co (TSE:2269) Debt-to-Equity : 0.12 (As of Dec. 2024)

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What is Meiji Holdings Co Debt-to-Equity?

Meiji Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was 円67,892 Mil. Meiji Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was 円24,004 Mil. Meiji Holdings Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was 円742,902 Mil. Meiji Holdings Co's debt to equity for the quarter that ended in Dec. 2024 was 0.12.

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

TSE:2269' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.24 Max: 0.6
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Meiji Holdings Co was 0.60. The lowest was 0.07. And the median was 0.24.

TSE:2269's Debt-to-Equity is ranked better than
76.37% of 1659 companies
in the Consumer Packaged Goods industry
Industry Median: 0.38 vs TSE:2269: 0.12

Meiji Holdings Co Debt-to-Equity Historical Data

The historical data trend for Meiji 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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Meiji Holdings Co Debt-to-Equity Chart

Meiji Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.19

0.16

0.12

0.09

0.07

Meiji Holdings Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.11	0.07	N/A	0.11	0.12

Competitive Comparison of Meiji Holdings Co's Debt-to-Equity

For the Packaged Foods subindustry, Meiji 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.

Meiji Holdings Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

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Meiji Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Meiji 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
	=	(22330	+	27596)	/	746529
	=	0.07

Meiji Holdings Co's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(67892	+	24004)	/	742902
	=	0.12

Meiji Holdings Co (TSE:2269) 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.

Meiji Holdings Co Debt-to-Equity Related Terms

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Meiji Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Meiji Holdings Co Ltd (TSE:2269) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MEJHY:USA 3M0:Germany

Address

4-16, Kyobashi 2-chome, Chuo-ku, Tokyo, JPN, 104-0031

Website

http://www.meiji.com

Meiji Holdings was established in April 2009 as a merged entity of Meiji Dairies, Japan's largest dairy company, and Meiji Seika, the country's number-two confectionery maker. The amalgamation was propelled by a surge in commodity prices, Japan's aging and shrinking population, and fierce competition. The food business, comprising dairy and confectionery operations, represents more than 80% of the group's sales and 70% of profits. The rest mainly comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Overseas food operations, mainly in China, the US, and Southeast Asia, comprise merely 6.5% of the group sales are in red due to a surge in investment in China's new factories and fierce price competition initiated by Chinese dairy makers.

Meiji Holdings Co Headlines

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