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Halows Co (TSE:2742) Debt-to-Equity : 0.27 (As of Nov. 2023)


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What is Halows Co Debt-to-Equity?

Halows Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円4,451 Mil. Halows Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円11,742 Mil. Halows Co's Total Stockholders Equity for the quarter that ended in Nov. 2023 was 円59,180 Mil. Halows Co's debt to equity for the quarter that ended in Nov. 2023 was 0.27.

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

TSE:2742' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24   Med: 0.44   Max: 0.88
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of Halows Co was 0.88. The lowest was 0.24. And the median was 0.44.

TSE:2742's Debt-to-Equity is ranked better than
72.04% of 279 companies
in the Retail - Defensive industry
Industry Median: 0.62 vs TSE:2742: 0.24

Halows Co Debt-to-Equity Historical Data

The historical data trend for Halows 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.

Halows Co Debt-to-Equity Chart

Halows Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.38 0.29 0.36 0.24

Halows Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.36 0.33 0.30 0.27 0.24

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

For the Grocery Stores subindustry, Halows 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.


Halows Co's Debt-to-Equity Distribution in the Retail - Defensive Industry

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

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



Halows Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Halows Co's Debt to Equity Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Halows Co's Debt to Equity Ratio for the quarter that ended in Nov. 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.


Halows Co  (TSE:2742) 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.


Halows Co Debt-to-Equity Related Terms

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


Halows Co (TSE:2742) Business Description

Traded in Other Exchanges
N/A
Address
3270 Hayashima, Hayashima-cho, Tsukubo-gun, Okayama, JPN, 701-0393
Halows Co., Ltd. operates food supermarket chain stores in Hiroshima and Okayama Prefectures. Most of the stores are open 24 hours a day.

Halows Co (TSE:2742) Headlines

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