ROYAL HOLDINGS Co (TSE:8179) Debt-to-Equity : 1.11 (As of Mar. 2024)

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What is ROYAL HOLDINGS Co Debt-to-Equity?

ROYAL HOLDINGS Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円9,300 Mil. ROYAL HOLDINGS Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円44,736 Mil. ROYAL HOLDINGS Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円48,755 Mil. ROYAL HOLDINGS Co's debt to equity for the quarter that ended in Mar. 2024 was 1.11.

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

TSE:8179' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39 Med: 0.59 Max: 2.98
Current: 1.11

During the past 13 years, the highest Debt-to-Equity Ratio of ROYAL HOLDINGS Co was 2.98. The lowest was 0.39. And the median was 0.59.

TSE:8179's Debt-to-Equity is ranked worse than
56.11% of 303 companies
in the Restaurants industry
Industry Median: 0.94 vs TSE:8179: 1.11

ROYAL HOLDINGS Co Debt-to-Equity Historical Data

The historical data trend for ROYAL HOLDINGS 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.

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ROYAL HOLDINGS Co Debt-to-Equity Chart

ROYAL HOLDINGS Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.62

2.98

1.74

1.25

1.07

ROYAL HOLDINGS 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															1.23	1.18	1.09	1.07	1.11

Competitive Comparison of ROYAL HOLDINGS Co's Debt-to-Equity

For the Restaurants subindustry, ROYAL HOLDINGS 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.

ROYAL HOLDINGS Co's Debt-to-Equity Distribution in the Restaurants Industry

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

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

ROYAL HOLDINGS Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ROYAL HOLDINGS 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
	=	(10294	+	40910)	/	47821
	=	1.07

ROYAL HOLDINGS Co's Debt to Equity Ratio for the quarter 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
	=	(9300	+	44736)	/	48755
	=	1.11

ROYAL HOLDINGS Co (TSE:8179) 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.

ROYAL HOLDINGS Co Debt-to-Equity Related Terms

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ROYAL HOLDINGS Co (TSE:8179) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » ROYAL HOLDINGS Co Ltd (TSE:8179) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

8179:Japan

Address

3-28-5 Naka, Hakata-ku, Fukuoka, JPN, 812-0893

Website

https://www.royal-holdings.co.jp

ROYAL HOLDINGS Co Ltd operates five core businesses in Japan: Restaurants, Hotels, Contract Food Services, In-Flight Catering, and Food Manufacturing. Royal's Restaurants business operates various brands, including Royal Host, Tenya, Cowboy Family, Shakey's, Sizzler, Hananoki, Royal Garden Café, pinkberry, The Third Café, and Rose Bakery. The company's Hotel business operates Richmond Hotels. Contract Food Services provides food in airports, highway service areas, department stores, and convention centers. In-Flight Catering provides meals for dozens of airlines worldwide. The Food Manufacturing business has two central kitchens in Japan that serve the company's other businesses.

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