Yoshimura Food Holdings KK (TSE:2884) Debt-to-Equity : 2.96 (As of Aug. 2024)

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What is Yoshimura Food Holdings KK Debt-to-Equity?

Yoshimura Food Holdings KK's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was 円18,429 Mil. Yoshimura Food Holdings KK's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was 円11,366 Mil. Yoshimura Food Holdings KK's Total Stockholders Equity for the quarter that ended in Aug. 2024 was 円10,061 Mil. Yoshimura Food Holdings KK's debt to equity for the quarter that ended in Aug. 2024 was 2.96.

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 Yoshimura Food Holdings KK's Debt-to-Equity or its related term are showing as below:

TSE:2884' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39 Med: 1.82 Max: 4.19
Current: 2.96

During the past 10 years, the highest Debt-to-Equity Ratio of Yoshimura Food Holdings KK was 4.19. The lowest was 0.39. And the median was 1.82.

TSE:2884's Debt-to-Equity is ranked worse than
95.95% of 1655 companies
in the Consumer Packaged Goods industry
Industry Median: 0.39 vs TSE:2884: 2.96

Yoshimura Food Holdings KK Debt-to-Equity Historical Data

The historical data trend for Yoshimura Food Holdings KK'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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Yoshimura Food Holdings KK Debt-to-Equity Chart

Yoshimura Food Holdings KK Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-Equity

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3.42

2.03

1.67

1.99

3.63

Yoshimura Food Holdings KK Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Debt-to-Equity	Get a 7-Day Free Trial															2.19	4.19	3.63	3.32	2.96

Competitive Comparison of Yoshimura Food Holdings KK's Debt-to-Equity

For the Packaged Foods subindustry, Yoshimura Food Holdings KK'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.

Yoshimura Food Holdings KK's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Yoshimura Food Holdings KK's Debt-to-Equity falls into.

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Yoshimura Food Holdings KK Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yoshimura Food Holdings KK's Debt to Equity Ratio for the fiscal year 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
	=	(18486.49	+	13126.128)	/	8702.272
	=	3.63

Yoshimura Food Holdings KK's Debt to Equity Ratio for the quarter that ended in Aug. 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
	=	(18428.655	+	11366.057)	/	10060.759
	=	2.96

Yoshimura Food Holdings KK (TSE:2884) 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.

Yoshimura Food Holdings KK Debt-to-Equity Related Terms

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Yoshimura Food Holdings KK Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yoshimura Food Holdings KK (TSE:2884) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-2 No. 2, Uchisaiwa-cho, 18th Floor, Fukoku Life Building, Chiyoda-ku, Tokyo, JPN, 100-0011

Website

http://www.y-food-h.com

Yoshimura Food Holdings KK operates as a holding company which engages in the food business. The company is mainly engaged in planning, execution and management of business strategies of group companies, as well as supporting and overseeing of sales, manufacturing, product development, quality management, business management and other functions of subsidiaries. The company offers commercial food materials; Chinese dishes; dried noodles, buckwheat flour, wheat flour, etc.; meat and processed food products; sake products; and frozen foods, including frozen seafood, fried fowl pork cutlets, scissors cutlets, and fly with crab claw products.

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