GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ishii Food Co Ltd (TSE:2894) » Definitions » Debt-to-Equity

Ishii Food Co (TSE:2894) Debt-to-Equity : 0.61 (As of Dec. 2023)


View and export this data going back to 1962. Start your Free Trial

What is Ishii Food Co Debt-to-Equity?

Ishii Food Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,900 Mil. Ishii Food Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円18 Mil. Ishii Food Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円3,173 Mil. Ishii Food Co's debt to equity for the quarter that ended in Dec. 2023 was 0.60.

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

TSE:2894' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42   Med: 0.65   Max: 0.8
Current: 0.61

During the past 13 years, the highest Debt-to-Equity Ratio of Ishii Food Co was 0.80. The lowest was 0.42. And the median was 0.65.

TSE:2894's Debt-to-Equity is ranked worse than
62.33% of 1654 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs TSE:2894: 0.61

Ishii Food Co Debt-to-Equity Historical Data

The historical data trend for Ishii Food 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.

* Premium members only.

Ishii Food Co Debt-to-Equity Chart

Ishii Food Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.56 0.80 0.68 0.67

Ishii Food Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.71 0.67 0.63 0.62 0.61

Competitive Comparison of Ishii Food Co's Debt-to-Equity

For the Packaged Foods subindustry, Ishii Food 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.


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

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

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



Ishii Food Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ishii Food Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Ishii Food Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Ishii Food Co  (TSE:2894) 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.


Ishii Food Co Debt-to-Equity Related Terms

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


Ishii Food Co (TSE:2894) Business Description

Traded in Other Exchanges
N/A
Address
2-7-17 Honcho, Funabashi, JPN, 273-8690
Ishii Food Co Ltd is engaged in the production and sale of various food commodities. It produces seasoned hamburgers, frozen foods, Chinese cooking flavorings, delicatessen products, fresh fruits and vegetables in Japan.

Ishii Food Co (TSE:2894) Headlines

No Headlines