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Nisshin Oillio Group (TSE:2602) Debt-to-Revenue : 0.21 (As of Mar. 2024)


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What is Nisshin Oillio Group Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Nisshin Oillio Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円25,890 Mil. Nisshin Oillio Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円78,732 Mil. Nisshin Oillio Group's annualized Revenue for the quarter that ended in Mar. 2024 was 円491,996 Mil. Nisshin Oillio Group's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.21.


Nisshin Oillio Group Debt-to-Revenue Historical Data

The historical data trend for Nisshin Oillio Group's Debt-to-Revenue 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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Nisshin Oillio Group Debt-to-Revenue Chart

Nisshin Oillio Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.18 0.23 0.20 0.20

Nisshin Oillio Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 0.21 0.20 0.18 0.18 0.21

Competitive Comparison of Nisshin Oillio Group's Debt-to-Revenue

For the Packaged Foods subindustry, Nisshin Oillio Group's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Nisshin Oillio Group's Debt-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nisshin Oillio Group's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Nisshin Oillio Group's Debt-to-Revenue falls into.



Nisshin Oillio Group Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Nisshin Oillio Group's Debt-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(25890 + 78732) / 513541
=0.20

Nisshin Oillio Group's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(25890 + 78732) / 491996
=0.21

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Nisshin Oillio Group Debt-to-Revenue Related Terms

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Nisshin Oillio Group (TSE:2602) Business Description

Traded in Other Exchanges
N/A
Address
1-23-1, Shinkawa, Chuo-ku, Tokyo, JPN, 104-8285
Nisshin Oillio Group Ltd is a Japanese company engaged in the manufacture of oil products. The company operates five reporting segments. The oils and meals business produces edible oils for household, commercial use, and food processing. The processed oils and fats business manufactures processed oil and fat products. The healthy foods business supplies dressings and healthcare products. The fine chemicals business provides raw materials for cosmetics, food ingredients, and chemical products. Finally the soy foods and materials business produces soy food ingredients and soy protein. The oils and meals business accounts for more than half of group revenue.

Nisshin Oillio Group (TSE:2602) Headlines

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