Shinobu Foods Products Co (TSE:2903) Debt-to-Equity: 0.28 (As of Mar. 2026) — 49% Below Median

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TSE:2903 Shinobu Foods Products Co Ltd TSE:2903
63 GF Score
Price 円1,633.00
GF Value 円1,259.69
Valuation Modestly Overvalued
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What is Shinobu Foods Products Co Debt-to-Equity?

Shinobu Foods Products Co TSE:2903 +2.77% 63 Debt-to-Equity is 0.28 as of Mar. 2026, which is 49% below its 10-year median of 0.55. GuruFocus rates TSE:2903 with a GF Score™ of 63/100 and a GF Value™ of 円1,259.69 (Modestly Overvalued). Among 1,761 Consumer Packaged Goods companies, Shinobu Foods Products Co ranks better than 56.5% on this metric.

Shinobu Foods Products Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円1,878 Mil. Shinobu Foods Products Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円2,409 Mil. Shinobu Foods Products Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was 円15,166 Mil. Shinobu Foods Products Co's debt to equity for the quarter that ended in Mar. 2026 was 0.28.

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

TSE:2903' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26   Med: 0.55   Max: 0.76
Current: 0.33

During the past 13 years, the highest Debt-to-Equity Ratio of Shinobu Foods Products Co was 0.76. The lowest was 0.26. And the median was 0.55.

TSE:2903's Debt-to-Equity is ranked better than
56.5% of 1761 companies
in the Consumer Packaged Goods industry
Industry Median: 0.42 vs TSE:2903: 0.33

Shinobu Foods Products Co  (TSE:2903) 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.


Shinobu Foods Products Co Debt-to-Equity Related Terms


Shinobu Foods Products Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Shinobu Foods Products 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.

Shinobu Foods Products Co Debt-to-Equity Chart

Shinobu Foods Products Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.61 0.49 0.39 0.28

Shinobu Foods Products Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.39 0.35 0.33 0.28 0.33

TSE:2903 vs KHC, GIS: Debt-to-Equity Comparison

For the Packaged Foods subindustry, Shinobu Foods Products 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.


Shinobu Foods Products Co Debt-to-Equity vs Consumer Packaged Goods Industry

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

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


TSE:2903
63GF Score
Shinobu Foods Products Co Ltd TSE:2903
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinobu Foods Products Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shinobu Foods Products Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Shinobu Foods Products Co's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.28 mean?
Shinobu Foods Products Co (TSE:2903) has a Debt-to-Equity of 0.28 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Shinobu Foods Products Co and its competitors. This is 49% below median its historical median of 0.55. Over the past decade, Shinobu Foods Products Co's Debt-to-Equity has ranged from 0.26 to 0.76. According to the industry distribution chart, Shinobu Foods Products Co ranks #766 out of 1761 companies in the Consumer Packaged Goods industry, placing it in the top 43.5%.
Is Shinobu Foods Products Co's Debt-to-Equity too high?
Shinobu Foods Products Co's current Debt-to-Equity of 0.28 is 49% below median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.76. The Consumer Packaged Goods industry median Debt-to-Equity is 0.42. Shinobu Foods Products Co's value of 0.28 is 33.3% below this industry median. Based on the distribution chart, Shinobu Foods Products Co ranks #766 out of 1761 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Shinobu Foods Products Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinobu Foods Products Co's Debt-to-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Shinobu Foods Products Co ranks #766 out of 1761 companies for Debt-to-Equity. This puts Shinobu Foods Products Co in the upper half of its industry. The industry median Debt-to-Equity is 0.42. Shinobu Foods Products Co's value of 0.28 is 33.3% below this benchmark. Historically, Shinobu Foods Products Co's own Debt-to-Equity has ranged from 0.26 to 0.76 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 0.42, Shinobu Foods Products Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.42, based on 1,761 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shinobu Foods Products Co's current Debt-to-Equity of 0.28 is 33.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Shinobu Foods Products Co and its competitors. For the Consumer Packaged Goods industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinobu Foods Products Co's current Debt-to-Equity is 0.28, which is 49% below median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinobu Foods Products Co stock overvalued right now?
Based on GuruFocus' analysis, Shinobu Foods Products Co (TSE:2903) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,259.69, compared to a current price of 円1,633.00 — trading 29.6% above its estimated fair value. The current Debt-to-Equity is 0.28, which is 49% below median its 10-year median of 0.55 and 33.3% below the Consumer Packaged Goods industry median of 0.42. Shinobu Foods Products Co's overall GF Score™ is 63/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Shinobu Foods Products Co (TSE:2903), the current Debt-to-Equity is 0.28 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shinobu Foods Products Co (TSE:2903) Overvalued in 2026?

Based on GuruFocus' analysis, Shinobu Foods Products Co stock appears to be overvalued. The current stock price of 円1,633.00 is trading 29.6% above its estimated GF Value™ of 円1,259.69. GuruFocus considers Shinobu Foods Products Co to be Modestly Overvalued.

Key valuation signals for TSE:2903:

  • Debt-to-Equity: 0.28 (49% below median its 10-year median of 0.55)
  • GF Value™: 円1,259.69 vs. price of 円1,633.00 (29.6% above fair value)
  • GF Score™: 63/100
  • Industry Position: 33.3% below the Consumer Packaged Goods median (#766 of 1761)

No single metric tells the full story. See the TSE:2903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinobu Foods Products Co Business Description

Address 2-3-18 Takeshima, Nishiyodogawa Ward, Osaka, JPN
Shinobu Foods Products Co Ltd is a Japanese food company. It offers processed food products. The product portfolio of the company includes Onigiri Q, Mckee bar, rice ball onigiri, fluffy rice ball, cabbage dinner meal box and others.
63GF Score

Get the complete analysis for TSE:2903

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,633.00
Price
円1,259.69
GF Value