New Zealand Kinglmon Investments (New Zealand Kinglmon Investments) Debt-to-Equity : 0.07 (As of Jan. 2024)

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What is New Zealand Kinglmon Investments Debt-to-Equity?

New Zealand Kinglmon Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $2.7 Mil. New Zealand Kinglmon Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $4.9 Mil. New Zealand Kinglmon Investments's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $117.4 Mil. New Zealand Kinglmon Investments's debt to equity for the quarter that ended in Jan. 2024 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 New Zealand Kinglmon Investments's Debt-to-Equity or its related term are showing as below:

NZKSF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.07 Max: 0.5
Current: 0.07

During the past 7 years, the highest Debt-to-Equity Ratio of New Zealand Kinglmon Investments was 0.50. The lowest was 0.06. And the median was 0.07.

NZKSF's Debt-to-Equity is ranked better than
85.54% of 1639 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs NZKSF: 0.07

New Zealand Kinglmon Investments Debt-to-Equity Historical Data

The historical data trend for New Zealand Kinglmon Investments'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.

New Zealand Kinglmon Investments Debt-to-Equity Chart

New Zealand Kinglmon Investments Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jan22

Jan23

Jan24

Debt-to-Equity

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0.09

0.23

0.50

0.07

New Zealand Kinglmon Investments Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jan22	Jul22	Jan23	Jul23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial										0.50	0.04	0.07	0.04	0.07

Competitive Comparison of New Zealand Kinglmon Investments's Debt-to-Equity

For the Farm Products subindustry, New Zealand Kinglmon Investments'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.

New Zealand Kinglmon Investments's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, New Zealand Kinglmon Investments's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where New Zealand Kinglmon Investments's Debt-to-Equity falls into.

New Zealand Kinglmon Investments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

New Zealand Kinglmon Investments's Debt to Equity Ratio for the fiscal year that ended in Jan. 2024 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
	=	(2.742	+	4.856)	/	117.394
	=	0.06

New Zealand Kinglmon Investments's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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
	=	(2.742	+	4.856)	/	117.394
	=	0.06

New Zealand Kinglmon Investments (OTCPK:NZKSF) 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.

New Zealand Kinglmon Investments Debt-to-Equity Related Terms

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New Zealand Kinglmon Investments (New Zealand Kinglmon Investments) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » New Zealand King Salmon Investments Ltd (OTCPK:NZKSF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NZK:New Zealand NZK:Australia

Address

17 Bullen Street, Tahunanui, Nelson, STL, NZL, 7011

Website

https://www.kingsalmon.co.nz

New Zealand King Salmon Investments Ltd is engaged in the farming, processing, and sale of salmon products. Its brands include Regal, Southern Ocean, Omega Plus, Ora King, and King Salmon. Its product range includes Whole fish; Fillets, Steaks & Portions; Wood Roasted; Cold Smoked; and Others. The company's geographical area of revenue are North America, Australia, Japan, China, Europe, Others and majority being from New Zealand.

New Zealand Kinglmon Investments (New Zealand Kinglmon Investments) Headlines

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