ST Group Food Industries Holdings (SGX:DRX) Debt-to-Equity : 1.22 (As of Dec. 2023)

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What is ST Group Food Industries Holdings Debt-to-Equity?

ST Group Food Industries Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$6.62 Mil. ST Group Food Industries Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$17.48 Mil. ST Group Food Industries Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$19.82 Mil. ST Group Food Industries Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.22.

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 ST Group Food Industries Holdings's Debt-to-Equity or its related term are showing as below:

SGX:DRX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37 Med: 1.33 Max: 1.92
Current: 1.22

During the past 8 years, the highest Debt-to-Equity Ratio of ST Group Food Industries Holdings was 1.92. The lowest was 0.37. And the median was 1.33.

SGX:DRX's Debt-to-Equity is ranked worse than
59.74% of 303 companies
in the Restaurants industry
Industry Median: 0.94 vs SGX:DRX: 1.22

ST Group Food Industries Holdings Debt-to-Equity Historical Data

The historical data trend for ST Group Food Industries Holdings'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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ST Group Food Industries Holdings Debt-to-Equity Chart

ST Group Food Industries Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.38

1.51

1.50

1.45

1.23

ST Group Food Industries Holdings Semi-Annual Data
	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										1.29	1.45	1.22	1.23	1.22

Competitive Comparison of ST Group Food Industries Holdings's Debt-to-Equity

For the Restaurants subindustry, ST Group Food Industries Holdings'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.

ST Group Food Industries Holdings's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, ST Group Food Industries Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ST Group Food Industries Holdings's Debt-to-Equity falls into.

ST Group Food Industries Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ST Group Food Industries Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(6.576	+	16.749)	/	18.991
	=	1.23

ST Group Food Industries Holdings'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
	=	(6.623	+	17.483)	/	19.819
	=	1.22

ST Group Food Industries Holdings (SGX:DRX) 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.

ST Group Food Industries Holdings Debt-to-Equity Related Terms

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ST Group Food Industries Holdings (SGX:DRX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » ST Group Food Industries Holdings Ltd (SGX:DRX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

120-130 Turner Street, Port Melbourne, Melbourne, VIC, AUS, 3207

Website

http://www.stgroup.net.au

ST Group Food Industries Holdings Ltd is an investment holding company. The company's operating segment includes Food and beverage retails; Supply chain; Franchise and Others. It generates maximum revenue from the Food and beverage retails segment. The food and beverage retails segment includes operations to all franchise and Group-owned restaurants and stores. Its supply chain segment predominantly includes the manufacturing, procurement and distribution of food, equipment and supplies to restaurants and stores from the group's supply chain center operations in Australia. Geographically, it derives a majority of revenue from Australia and also has a presence in Malaysia; New Zealand, and the United Kingdom.

ST Group Food Industries Holdings (SGX:DRX) Headlines

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