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Horiifoodservice Co (TSE:3077) Debt-to-Equity : 8.81 (As of Sep. 2024)


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What is Horiifoodservice Co Debt-to-Equity?

Horiifoodservice Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円1,521 Mil. Horiifoodservice Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円125 Mil. Horiifoodservice Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円187 Mil. Horiifoodservice Co's debt to equity for the quarter that ended in Sep. 2024 was 8.81.

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

TSE:3077' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.4   Max: 80.94
Current: 8.81

During the past 13 years, the highest Debt-to-Equity Ratio of Horiifoodservice Co was 80.94. The lowest was 0.01. And the median was 0.40.

TSE:3077's Debt-to-Equity is ranked worse than
95.02% of 301 companies
in the Restaurants industry
Industry Median: 0.89 vs TSE:3077: 8.81

Horiifoodservice Co Debt-to-Equity Historical Data

The historical data trend for Horiifoodservice 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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Horiifoodservice Co Debt-to-Equity Chart

Horiifoodservice Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.65 3.86 13.39 6.53

Horiifoodservice Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 26.79 80.94 11.38 6.53 8.81

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

For the Restaurants subindustry, Horiifoodservice 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.


Horiifoodservice Co's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Horiifoodservice Co's Debt-to-Equity distribution charts can be found below:

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



Horiifoodservice Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Horiifoodservice Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Horiifoodservice Co's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Horiifoodservice Co  (TSE:3077) 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.


Horiifoodservice Co Debt-to-Equity Related Terms

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Horiifoodservice Co Business Description

Traded in Other Exchanges
N/A
Address
Miyato-shi, Ibaraki Prefecture, Central Miyako-shi, Miyako-shi, JPN
Horiifoodservice Co Ltd is engaged in operating restaurants and providing store development services. The brands of the company include Hidden house Ninja, garlic trees of thorns, and Japanese dining taste. The company operates in Japan.

Horiifoodservice Co Headlines

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