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OHMORIYA Co (TSE:2917) Debt-to-Equity : 0.23 (As of Mar. 2024)


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What is OHMORIYA Co Debt-to-Equity?

OHMORIYA Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円2,443 Mil. OHMORIYA Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円250 Mil. OHMORIYA Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円11,716 Mil. OHMORIYA Co's debt to equity for the quarter that ended in Mar. 2024 was 0.23.

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

TSE:2917' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.06   Max: 0.23
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of OHMORIYA Co was 0.23. The lowest was 0.02. And the median was 0.06.

TSE:2917's Debt-to-Equity is ranked better than
64.96% of 1675 companies
in the Consumer Packaged Goods industry
Industry Median: 0.39 vs TSE:2917: 0.23

OHMORIYA Co Debt-to-Equity Historical Data

The historical data trend for OHMORIYA 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.

OHMORIYA Co Debt-to-Equity Chart

OHMORIYA Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.02 0.05 0.04 0.03

OHMORIYA Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.15 0.08 0.03 0.03 0.23

Competitive Comparison of OHMORIYA Co's Debt-to-Equity

For the Packaged Foods subindustry, OHMORIYA 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.


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

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

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



OHMORIYA Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

OHMORIYA Co's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

OHMORIYA Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


OHMORIYA Co  (TSE:2917) 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.


OHMORIYA Co Debt-to-Equity Related Terms

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OHMORIYA Co Business Description

Traded in Other Exchanges
N/A
Address
34 No. 3 No. 4-chome, Fukushima-ku, Osaka, JPN
OHMORIYA Co Ltd is a Japanese based company engaged in the manufacturing and sale of seaweed products. The company specializes in dried seaweed and seasoned laver for home and commercial use. It provides processed seaweed products for gift items and also produces a variety of toppings for rice and pasta. In addition, the company also offers sprinkle, tea and soup products.

OHMORIYA Co Headlines

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