Sanrio Co (Sanrio Co) Debt-to-Equity : 0.74 (As of Dec. 2023)

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What is Sanrio Co Debt-to-Equity?

Sanrio Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $68.6 Mil. Sanrio Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $300.2 Mil. Sanrio Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $499.4 Mil. Sanrio Co's debt to equity for the quarter that ended in Dec. 2023 was 0.74.

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

SNROF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39 Med: 0.42 Max: 0.85
Current: 0.85

During the past 13 years, the highest Debt-to-Equity Ratio of Sanrio Co was 0.85. The lowest was 0.39. And the median was 0.42.

SNROF's Debt-to-Equity is ranked worse than
61.58% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs SNROF: 0.85

Sanrio Co Debt-to-Equity Historical Data

The historical data trend for Sanrio 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.

Sanrio Co Debt-to-Equity Chart

Sanrio Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.48

0.83

0.52

0.42

0.85

Sanrio Co 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															0.42	0.44	0.36	0.74	0.85

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

For the Specialty Retail subindustry, Sanrio 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.

Sanrio Co's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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

Sanrio Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sanrio Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(67.435	+	297.807)	/	431.235
	=	0.85

Sanrio 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
	=	(68.641	+	300.226)	/	499.418
	=	0.74

Sanrio Co (OTCPK:SNROF) 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.

Sanrio Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Sanrio Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Sanrio Co (Sanrio Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sanrio Co Ltd (OTCPK:SNROF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

8136:Japan SJ8:Germany

Address

1-11-1, Osaki, Shinagawa-Ku, Tokyo, JPN, 141-8603

Website

http://www.sanrio.co.jp

Sanrio Co Ltd is a Japanese specialty retailer that designs, licenses, and produces stationery, accessories, toys, school supplies, and gifts. The products incorporate characters from the Japanese culture, like the popular Hello Kitty. The portfolio consists of the following product categories: characters, supercute, bags, jewelry, travel and gear, home and office, plush and toys, and apparel. The main markets are China, Europe, Hong Kong, the United States, and Brazil.

Sanrio Co (Sanrio Co) Headlines

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