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Maruha Nichiro (Maruha Nichiro) Debt-to-Equity : 1.50 (As of Dec. 2023)


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What is Maruha Nichiro Debt-to-Equity?

Maruha Nichiro's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,277 Mil. Maruha Nichiro's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $871 Mil. Maruha Nichiro's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,430 Mil. Maruha Nichiro's debt to equity for the quarter that ended in Dec. 2023 was 1.50.

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 Maruha Nichiro's Debt-to-Equity or its related term are showing as below:

MRUHF' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.37   Med: 2.04   Max: 3.3
Current: 1.37

During the past 13 years, the highest Debt-to-Equity Ratio of Maruha Nichiro was 3.30. The lowest was 1.37. And the median was 2.04.

MRUHF's Debt-to-Equity is ranked worse than
85.27% of 1650 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs MRUHF: 1.37

Maruha Nichiro Debt-to-Equity Historical Data

The historical data trend for Maruha Nichiro'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.

Maruha Nichiro Debt-to-Equity Chart

Maruha Nichiro Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.97 1.82 1.57 1.69 1.37

Maruha Nichiro Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.69 1.69 1.57 1.50 1.37

Competitive Comparison of Maruha Nichiro's Debt-to-Equity

For the Farm Products subindustry, Maruha Nichiro'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.


Maruha Nichiro's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Maruha Nichiro's Debt-to-Equity distribution charts can be found below:

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



Maruha Nichiro Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Maruha Nichiro's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Maruha Nichiro'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.


Maruha Nichiro  (OTCPK:MRUHF) 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.


Maruha Nichiro Debt-to-Equity Related Terms

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Maruha Nichiro (Maruha Nichiro) Business Description

Traded in Other Exchanges
Address
3-20-20 Toyosu, Koto-ku, Toyosu Front, Tokyo, JPN
Maruha Nichiro Corp is a Japan-based company mainly engaged in the processing and sale of animal-based products. The company mainly sells animal derivatives which include frozen and canned meat and sauces. It also sells desserts, health foods, and confectioneries.

Maruha Nichiro (Maruha Nichiro) Headlines

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