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Kansai Food Market (TSE:9919) Debt-to-Equity : 0.31 (As of Dec. 2023)


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What is Kansai Food Market Debt-to-Equity?

Kansai Food Market's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円11,363 Mil. Kansai Food Market's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円9,870 Mil. Kansai Food Market's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円69,645 Mil. Kansai Food Market's debt to equity for the quarter that ended in Dec. 2023 was 0.30.

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 Kansai Food Market's Debt-to-Equity or its related term are showing as below:

TSE:9919' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1   Med: 0.3   Max: 0.43
Current: 0.3

During the past 13 years, the highest Debt-to-Equity Ratio of Kansai Food Market was 0.43. The lowest was 0.10. And the median was 0.30.

TSE:9919's Debt-to-Equity is ranked better than
68.23% of 277 companies
in the Retail - Defensive industry
Industry Median: 0.6 vs TSE:9919: 0.30

Kansai Food Market Debt-to-Equity Historical Data

The historical data trend for Kansai Food Market'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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Kansai Food Market Debt-to-Equity Chart

Kansai Food Market Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.10 0.33 0.32 0.30

Kansai Food Market 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 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 0.32 0.32 0.30 0.31 0.30

Competitive Comparison of Kansai Food Market's Debt-to-Equity

For the Grocery Stores subindustry, Kansai Food Market'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.


Kansai Food Market's Debt-to-Equity Distribution in the Retail - Defensive Industry

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

* The bar in red indicates where Kansai Food Market's Debt-to-Equity falls into.



Kansai Food Market Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kansai Food Market's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Kansai Food Market's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Kansai Food Market  (TSE:9919) 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.


Kansai Food Market Debt-to-Equity Related Terms

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


Kansai Food Market (TSE:9919) Business Description

Traded in Other Exchanges
N/A
Address
5-3-38 Chuo, Itami, JPN, 664-0851
Kansai Food Market Ltd, formerly Kansai Super Market Ltd operates grocery stores in Japan.

Kansai Food Market (TSE:9919) Headlines

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