Rock Field Co (TSE:2910) Debt-to-Equity : 0.04 (As of Jan. 2024)

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What is Rock Field Co Debt-to-Equity?

Rock Field Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円685 Mil. Rock Field Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円450 Mil. Rock Field Co's Total Stockholders Equity for the quarter that ended in Jan. 2024 was 円29,783 Mil. Rock Field Co's debt to equity for the quarter that ended in Jan. 2024 was 0.04.

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

TSE:2910' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.09
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Rock Field Co was 0.09. The lowest was 0.00. And the median was 0.03.

TSE:2910's Debt-to-Equity is ranked better than
90.82% of 1644 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs TSE:2910: 0.04

Rock Field Co Debt-to-Equity Historical Data

The historical data trend for Rock Field 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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Rock Field Co Debt-to-Equity Chart

Rock Field Co Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

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0.03

0.09

0.07

0.06

Rock Field Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.04	0.06	0.03	0.03	0.04

Competitive Comparison of Rock Field Co's Debt-to-Equity

For the Packaged Foods subindustry, Rock Field 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.

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

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

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

Rock Field Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rock Field Co's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(1090	+	600)	/	29157
	=	0.06

Rock Field Co's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(685	+	450)	/	29783
	=	0.04

Rock Field Co (TSE:2910) 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.

Rock Field Co Debt-to-Equity Related Terms

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

Rock Field Co (TSE:2910) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Rock Field Co Ltd (TSE:2910) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

15-2 Uozakihama-machi, Higashinada-ku,, Kobe, JPN

Website

http://www.rockfield.co.jp

Rock Field Co Ltd is engaged in the production and sale of prepared dishes. It provides prepared dishes through the operation of various stores, including RF1, Kobe Croquettes, Mikka-Bozu and Itohan, Yugo and RF1 Asia, Vegeteria and be Organic. In addition, it is also involved in the sale of delicatessen. Geographically, the activities of the firm are functioned through the region of Japan.

Rock Field Co (TSE:2910) Headlines

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