Kewpie (TSE:2809) Debt-to-Equity : 0.06 (As of Feb. 2024)

View and export this data going back to 1970. Start your Free Trial

What is Kewpie Debt-to-Equity?

Kewpie's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円2,154 Mil. Kewpie's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円15,713 Mil. Kewpie's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円283,946 Mil. Kewpie's debt to equity for the quarter that ended in Feb. 2024 was 0.06.

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

TSE:2809' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.16 Max: 0.33
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Kewpie was 0.33. The lowest was 0.06. And the median was 0.16.

TSE:2809's Debt-to-Equity is ranked better than
86.46% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs TSE:2809: 0.06

Kewpie Debt-to-Equity Historical Data

The historical data trend for Kewpie'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.

Kewpie Debt-to-Equity Chart

Kewpie Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Debt-to-Equity

Get a 7-Day Free Trial

0.27

0.33

0.17

0.12

0.11

Kewpie Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.13	0.11	0.11	0.11	0.06

Competitive Comparison of Kewpie's Debt-to-Equity

For the Packaged Foods subindustry, Kewpie'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.

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

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

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

Kewpie Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kewpie's Debt to Equity Ratio for the fiscal year that ended in Nov. 2023 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
	=	(17200	+	14591)	/	281883
	=	0.11

Kewpie's Debt to Equity Ratio for the quarter that ended in Feb. 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
	=	(2154	+	15713)	/	283946
	=	0.06

Kewpie (TSE:2809) 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.

Kewpie Debt-to-Equity Related Terms

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

Kewpie (TSE:2809) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kewpie Corp (TSE:2809) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KWPCF:USA QPJ:Germany

Address

4-13, Shibuya 1-chome, Shibuya-ku, Tokyo, JPN, 150-0002

Website

http://www.kewpie.co.jp

Kewpie Corp is a Japanese packaged-food company. Its business categories are condiments products, egg products, delicatessen products, processed foods, and fine chemical products. Through these business segments, the company offers dressing, vinegar, mayonnaise, liquid egg, frozen egg, rice balls, jams, pasta sauces, sweetcorn, baby food, and hyaluronic acid. The company has its own transportation and warehousing operations. Kewpie has operations in Japan and overseas in China, the United States, and Southeast Asia.

Kewpie (TSE:2809) Headlines

No Headlines