Kuradashi Co (TSE:5884) Debt-to-Equity : 0.06 (As of Jun. 2023)

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What is Kuradashi Co Debt-to-Equity?

Kuradashi Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was 円26 Mil. Kuradashi Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was 円38 Mil. Kuradashi Co's Total Stockholders Equity for the quarter that ended in Jun. 2023 was 円1,024 Mil. Kuradashi Co's debt to equity for the quarter that ended in Jun. 2023 was 0.06.

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

TSE:5884' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.2 Max: 2.41
Current: 0.06

During the past 3 years, the highest Debt-to-Equity Ratio of Kuradashi Co was 2.41. The lowest was 0.06. And the median was 0.20.

TSE:5884's Debt-to-Equity is ranked better than
89.13% of 276 companies
in the Retail - Defensive industry
Industry Median: 0.585 vs TSE:5884: 0.06

Kuradashi Co Debt-to-Equity Historical Data

The historical data trend for Kuradashi 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.

Kuradashi Co Debt-to-Equity Chart

Kuradashi Co Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-Equity

2.41

0.20

0.06

Kuradashi Co Semi-Annual Data
	Jun21	Jun22	Jun23
Debt-to-Equity	2.41	0.20	0.06

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

For the Food Distribution subindustry, Kuradashi 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.

Kuradashi Co's Debt-to-Equity Distribution in the Retail - Defensive Industry

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

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

Kuradashi Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kuradashi Co's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(25.808	+	38.117)	/	1024.305
	=	0.06

Kuradashi Co's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(25.808	+	38.117)	/	1024.305
	=	0.06

Kuradashi Co (TSE:5884) 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.

Kuradashi Co Debt-to-Equity Related Terms

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Kuradashi Co (TSE:5884) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Kuradashi Co Ltd (TSE:5884) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-2-1 Kamiosaki, 5th floor, Meguro Center Building, Shinagawa-ku, Tokyo, JPN, 141-0021

Website

https://corp.kuradashi.jp

Kuradashi Co Ltd is a shopping site that aims to reduce food loss. By selling products that are still edible but likely to be thrown away at a reasonable price and donating a portion of the sales to various organizations working on environmental protection and disaster relief. Its mission is to continue to be a social good company.

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