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Megmilk Snow Brand Co (TSE:2270) Debt-to-Equity : 0.25 (As of Mar. 2024)


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What is Megmilk Snow Brand Co Debt-to-Equity?

Megmilk Snow Brand Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円11,005 Mil. Megmilk Snow Brand Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円47,866 Mil. Megmilk Snow Brand Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円232,085 Mil. Megmilk Snow Brand Co's debt to equity for the quarter that ended in Mar. 2024 was 0.25.

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 Megmilk Snow Brand Co's Debt-to-Equity or its related term are showing as below:

TSE:2270' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25   Med: 0.42   Max: 0.95
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of Megmilk Snow Brand Co was 0.95. The lowest was 0.25. And the median was 0.42.

TSE:2270's Debt-to-Equity is ranked better than
63.4% of 1675 companies
in the Consumer Packaged Goods industry
Industry Median: 0.39 vs TSE:2270: 0.25

Megmilk Snow Brand Co Debt-to-Equity Historical Data

The historical data trend for Megmilk Snow Brand 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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Megmilk Snow Brand Co Debt-to-Equity Chart

Megmilk Snow Brand 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 0.40 0.41 0.35 0.33 0.25

Megmilk Snow Brand Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.30 0.27 0.26 0.25 N/A

Competitive Comparison of Megmilk Snow Brand Co's Debt-to-Equity

For the Packaged Foods subindustry, Megmilk Snow Brand 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.


Megmilk Snow Brand Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Megmilk Snow Brand Co's Debt-to-Equity falls into.



Megmilk Snow Brand Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Megmilk Snow Brand Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Megmilk Snow Brand Co  (TSE:2270) 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.


Megmilk Snow Brand Co Debt-to-Equity Related Terms

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Megmilk Snow Brand Co Business Description

Traded in Other Exchanges
N/A
Address
5-1, Yotsuya, Honshio-cho, Shinjuku-ku, Tokyo, JPN, 160-8575
Megmilk Snow Brand Co Ltd is involved in manufacturing and selling cow's milk, milk products and other foods. The company has Dairy products, Beverages and Desserts, Feedstuffs and Seed products and International business domains. Its products include producing and selling of butter, margarine, processed cheese, natural cheese and condensed and skim milk, yogurts etc. The firm also operates in nutrition business, dairy products business and functional ingredients business.

Megmilk Snow Brand Co Headlines

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