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Delica Foods Holdings Co (TSE:3392) Debt-to-Equity : 1.53 (As of Dec. 2023)


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What is Delica Foods Holdings Co Debt-to-Equity?

Delica Foods Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円3,639 Mil. Delica Foods Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円9,153 Mil. Delica Foods Holdings Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円8,358 Mil. Delica Foods Holdings Co's debt to equity for the quarter that ended in Dec. 2023 was 1.53.

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

TSE:3392' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.84   Med: 1.08   Max: 1.92
Current: 1.53

During the past 13 years, the highest Debt-to-Equity Ratio of Delica Foods Holdings Co was 1.92. The lowest was 0.84. And the median was 1.08.

TSE:3392's Debt-to-Equity is ranked worse than
88.4% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs TSE:3392: 1.53

Delica Foods Holdings Co Debt-to-Equity Historical Data

The historical data trend for Delica Foods Holdings 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.

Delica Foods Holdings Co Debt-to-Equity Chart

Delica Foods Holdings 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 0.99 1.25 1.64 1.92 1.50

Delica Foods Holdings 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 1.60 1.50 1.37 1.40 1.53

Competitive Comparison of Delica Foods Holdings Co's Debt-to-Equity

For the Packaged Foods subindustry, Delica Foods Holdings 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.


Delica Foods Holdings Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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



Delica Foods Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Delica Foods Holdings 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.


Delica Foods Holdings Co  (TSE:3392) 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.


Delica Foods Holdings Co Debt-to-Equity Related Terms

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Delica Foods Holdings Co (TSE:3392) Business Description

Traded in Other Exchanges
N/A
Address
4-12-12 Rokucho, Adachi-ku, Tokyo, JPN
Delica Foods Holdings Co Ltd is a business grocery. The company provides hall vegetables and cut vegetables as per customers needs. The customer is mainly a restaurant, family restaurant, fast food, and convenience store.

Delica Foods Holdings Co (TSE:3392) Headlines

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