GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fukutome Meat Packers Ltd (TSE:2291) » Definitions » Debt-to-Equity

Fukutome Meat Packers (TSE:2291) Debt-to-Equity : 2.52 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Fukutome Meat Packers Debt-to-Equity?

Fukutome Meat Packers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円4,287 Mil. Fukutome Meat Packers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円1,682 Mil. Fukutome Meat Packers's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円2,367 Mil. Fukutome Meat Packers's debt to equity for the quarter that ended in Mar. 2024 was 2.52.

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 Fukutome Meat Packers's Debt-to-Equity or its related term are showing as below:

TSE:2291' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.77   Med: 1.26   Max: 2.84
Current: 2.52

During the past 13 years, the highest Debt-to-Equity Ratio of Fukutome Meat Packers was 2.84. The lowest was 0.77. And the median was 1.26.

TSE:2291's Debt-to-Equity is ranked worse than
95.29% of 1676 companies
in the Consumer Packaged Goods industry
Industry Median: 0.39 vs TSE:2291: 2.52

Fukutome Meat Packers Debt-to-Equity Historical Data

The historical data trend for Fukutome Meat Packers'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.

Fukutome Meat Packers Debt-to-Equity Chart

Fukutome Meat Packers 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 1.49 1.46 1.75 2.84 2.52

Fukutome Meat Packers 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 2.84 2.65 2.55 2.55 2.52

Competitive Comparison of Fukutome Meat Packers's Debt-to-Equity

For the Packaged Foods subindustry, Fukutome Meat Packers'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.


Fukutome Meat Packers's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fukutome Meat Packers's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fukutome Meat Packers's Debt-to-Equity falls into.



Fukutome Meat Packers Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fukutome Meat Packers's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Fukutome Meat Packers'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.


Fukutome Meat Packers  (TSE:2291) 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.


Fukutome Meat Packers Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Fukutome Meat Packers's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Fukutome Meat Packers Business Description

Traded in Other Exchanges
N/A
Address
No. 6 No. 75, Hiroshima Nishi-ku, Kusatsu-ko chome, Hiroshima, JPN, 733-0832
Fukutome Meat Packers Ltd is a Japan-based company engaged in the purchase, processing, manufacture, and sale of meat products and other foodstuffs. Its products include ham, sausage, bacon, hana sausage, roast pork, roast beef, delica products, beef, and carp related products.

Fukutome Meat Packers Headlines

No Headlines