Marutongyo Co (FSE:7894) Debt-to-Equity : 0.45 (As of Nov. 2023)

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What is Marutongyo Co Debt-to-Equity?

Marutongyo Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円1,368 Mil. Marutongyo Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円2,710 Mil. Marutongyo Co's Total Stockholders Equity for the quarter that ended in Nov. 2023 was 円9,014 Mil. Marutongyo Co's debt to equity for the quarter that ended in Nov. 2023 was 0.45.

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

FSE:7894' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.32 Max: 0.76
Current: 0.45

During the past 11 years, the highest Debt-to-Equity Ratio of Marutongyo Co was 0.76. The lowest was 0.10. And the median was 0.32.

FSE:7894's Debt-to-Equity is ranked better than
50.29% of 348 companies
in the Packaging & Containers industry
Industry Median: 0.45 vs FSE:7894: 0.45

Marutongyo Co Debt-to-Equity Historical Data

The historical data trend for Marutongyo 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.

Marutongyo Co Debt-to-Equity Chart

Marutongyo Co Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Debt-to-Equity

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0.17

0.12

0.21

0.17

0.32

Marutongyo Co Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial															0.34	0.32	0.31	0.48	0.45

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

For the Packaging & Containers subindustry, Marutongyo 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.

Marutongyo Co's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Marutongyo Co's Debt-to-Equity distribution charts can be found below:

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

Marutongyo Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Marutongyo Co's Debt to Equity Ratio for the fiscal year that ended in Feb. 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
	=	(1123.86	+	1633.634)	/	8542.05
	=	0.32

Marutongyo Co's Debt to Equity Ratio for the quarter that ended in Nov. 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
	=	(1367.527	+	2709.966)	/	9013.834
	=	0.45

Marutongyo Co (FSE:7894) 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.

Marutongyo Co Debt-to-Equity Related Terms

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Marutongyo Co (FSE:7894) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Maruto Sangyo Co Ltd (FSE:7894) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

892-1 Hikata, Ogori, Fukuoka, JPN, 838-0112

Website

https://www.marutosangyo.co.jp

Maruto Sangyo Co Ltd produces and sells laminated films and paper products for the packaging companies in Japan. It is also engaged in photogravure printing and bag-making, photogravure cylinder making, sales of paper packaging, packing paper, and label stickers, plastic molding products, and packing materials. It also sells packaging machinery and industrial machinery, agricultural-related materials, and horticultural equipment.

Marutongyo Co (FSE:7894) Headlines

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