Ajinomoto Co (TSE:2802) Debt-to-Equity : 0.64 (As of Sep. 2024)

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What is Ajinomoto Co Debt-to-Equity?

Ajinomoto Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円48,972 Mil. Ajinomoto Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円442,401 Mil. Ajinomoto Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円770,447 Mil. Ajinomoto Co's debt to equity for the quarter that ended in Sep. 2024 was 0.64.

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

TSE:2802' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 0.53 Max: 0.7
Current: 0.64

During the past 13 years, the highest Debt-to-Equity Ratio of Ajinomoto Co was 0.70. The lowest was 0.31. And the median was 0.53.

TSE:2802's Debt-to-Equity is ranked worse than
64.3% of 1650 companies
in the Consumer Packaged Goods industry
Industry Median: 0.39 vs TSE:2802: 0.64

Ajinomoto Co Debt-to-Equity Historical Data

The historical data trend for Ajinomoto 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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Ajinomoto Co Debt-to-Equity Chart

Ajinomoto Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.66

0.57

0.46

0.38

0.54

Ajinomoto Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.47	0.65	0.54	N/A	0.64

Competitive Comparison of Ajinomoto Co's Debt-to-Equity

For the Packaged Foods subindustry, Ajinomoto 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.

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

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

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

Ajinomoto Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ajinomoto 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
	=	(188270	+	254224)	/	814690
	=	0.54

Ajinomoto Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(48972	+	442401)	/	770447
	=	0.64

Ajinomoto Co (TSE:2802) 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.

Ajinomoto Co Debt-to-Equity Related Terms

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Ajinomoto Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ajinomoto Co Inc (TSE:2802) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

AJINY:USA AJI:Germany

Address

15-1, Kyobashi 1-chome, Chuo-ku, Tokyo, JPN, 104-8315

Website

http://www.ajinomoto.co.jp

Ajinomoto Co Inc is Japan's food company specializing in amino acids and seasonings derived from amino acid fermentation technologies. It also produces processed foods including dry soup mixes, frozen foods, and beverage products. Apart from the consumer business, it is a key supplier of MSG and nucleotides to world-wide food manufacturers including Nestle. The food business represents nearly three fourths of group sales and 80%-plus of profits with nearly two thirds generated overseas. Healthcare and function materials (mainly Ajinomoto build-up film, or ABF), the key growth drivers through 2030, make up the balance of its business portfolio. The nonfood businesses are expected to contribute half of the group profits by 2030, boosted by ABF and CDMO growth.

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