Alphax Food System Co (TSE:3814) Debt-to-Equity : 95.45 (As of Dec. 2023)

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What is Alphax Food System Co Debt-to-Equity?

Alphax Food System Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円504 Mil. Alphax Food System Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円756 Mil. Alphax Food System Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円13 Mil. Alphax Food System Co's debt to equity for the quarter that ended in Dec. 2023 was 95.45.

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

TSE:3814' s Debt-to-Equity Range Over the Past 10 Years
Min: -54.68 Med: 1.52 Max: 96.62
Current: 95.45

During the past 13 years, the highest Debt-to-Equity Ratio of Alphax Food System Co was 96.62. The lowest was -54.68. And the median was 1.52.

TSE:3814's Debt-to-Equity is ranked worse than
100% of 471 companies
in the Conglomerates industry
Industry Median: 0.56 vs TSE:3814: 95.45

Alphax Food System Co Debt-to-Equity Historical Data

The historical data trend for Alphax Food System 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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Alphax Food System Co Debt-to-Equity Chart

Alphax Food System Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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1.46

43.70

55.41

-3.81

96.62

Alphax Food System 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															-6.86	-7.20	-6.62	96.62	95.45

Competitive Comparison of Alphax Food System Co's Debt-to-Equity

For the Conglomerates subindustry, Alphax Food System 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.

Alphax Food System Co's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Alphax Food System Co's Debt-to-Equity distribution charts can be found below:

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

Alphax Food System Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alphax Food System Co's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(511.573	+	779.47)	/	13.362
	=	96.62

Alphax Food System Co's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(503.818	+	756.183)	/	13.201
	=	95.45

Alphax Food System Co (TSE:3814) 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.

Alphax Food System Co Debt-to-Equity Related Terms

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Alphax Food System Co (TSE:3814) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Alphax Food System Co LTD (TSE:3814) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

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Address

128 Senzaki Sanyo Onoda, Yamaguchi Prefecture, Ube, JPN, 756-0039

Website

http://www.afs.co.jp

Alphax Food System Co LTD provides ASP intranet services through various mission-critical systems; engages in planning and selling system equipment; offers hardware and software maintenance services; and operates e-restaurant marketplace. It operates store chain systems and supply chain systems. It also provides magazine services to the information magazine service industry.

Alphax Food System Co (TSE:3814) Headlines

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