Kingza International Co (ROCO:2751) Debt-to-Equity : 0.52 (As of Dec. 2023)

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What is Kingza International Co Debt-to-Equity?

Kingza International Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$66 Mil. Kingza International Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$76 Mil. Kingza International Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$270 Mil. Kingza International Co's debt to equity for the quarter that ended in Dec. 2023 was 0.52.

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

ROCO:2751' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.79 Max: 0.93
Current: 0.52

During the past 6 years, the highest Debt-to-Equity Ratio of Kingza International Co was 0.93. The lowest was 0.15. And the median was 0.79.

ROCO:2751's Debt-to-Equity is ranked better than
72.94% of 303 companies
in the Restaurants industry
Industry Median: 0.94 vs ROCO:2751: 0.52

Kingza International Co Debt-to-Equity Historical Data

The historical data trend for Kingza International 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.

Kingza International Co Debt-to-Equity Chart

Kingza International Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.93

0.75

0.88

0.83

0.52

Kingza International Co Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							0.88	1.64	0.83	0.52	0.52

Competitive Comparison of Kingza International Co's Debt-to-Equity

For the Restaurants subindustry, Kingza International 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.

Kingza International Co's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Kingza International Co's Debt-to-Equity distribution charts can be found below:

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

Kingza International Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kingza International Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(65.536	+	75.611)	/	270.227
	=	0.52

Kingza International Co's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(65.536	+	75.611)	/	270.227
	=	0.52

Kingza International Co (ROCO:2751) 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.

Kingza International Co Debt-to-Equity Related Terms

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Kingza International Co (ROCO:2751) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Kingza International Co Ltd (ROCO:2751) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 98, Gaotie 9th Road, 3rd Floor, Hsinchu County, Zhubei City, TWN

Website

https://www.kingza.com.tw

Kingza International Co Ltd provides catering chain agency. It engages in operating franchise store, chain restaurant system management training, restaurant brand agency, and other services. Its brands include Ginza Katsuko Japanese-style Pork Chop; Duan Chunzhen Beef Noodles, Osaka Osho Dumplings and Kyoto Katsu Beef Japanese-style Fried Steak and many other catering brands.

Kingza International Co (ROCO:2751) Headlines

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