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Food & Life (TSE:3563) Debt-to-Equity : 2.79 (As of Mar. 2024)


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What is Food & Life Debt-to-Equity?

Food & Life's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円27,617 Mil. Food & Life's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円188,934 Mil. Food & Life's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円77,594 Mil. Food & Life's debt to equity for the quarter that ended in Mar. 2024 was 2.79.

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

TSE:3563' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.69   Med: 2.69   Max: 3.42
Current: 2.79

During the past 10 years, the highest Debt-to-Equity Ratio of Food & Life was 3.42. The lowest was 0.69. And the median was 2.69.

TSE:3563's Debt-to-Equity is ranked worse than
83.5% of 303 companies
in the Restaurants industry
Industry Median: 0.94 vs TSE:3563: 2.79

Food & Life Debt-to-Equity Historical Data

The historical data trend for Food & Life'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.

Food & Life Debt-to-Equity Chart

Food & Life Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 2.68 2.71 3.29 3.11

Food & Life 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 3.30 3.16 3.11 3.01 2.79

Competitive Comparison of Food & Life's Debt-to-Equity

For the Restaurants subindustry, Food & Life'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.


Food & Life's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Food & Life's Debt-to-Equity distribution charts can be found below:

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



Food & Life Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Food & Life's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Food & Life's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Food & Life  (TSE:3563) 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.


Food & Life Debt-to-Equity Related Terms

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


Food & Life (TSE:3563) Business Description

Traded in Other Exchanges
Address
1-22-2 Esaka-cho, Osaka Prefecture, Suita, JPN, 564-0063
Food & Life Companies Ltd owns and operates a revolving sushi-style restaurant chain. The company operates under the Sushiro brand. It has operations in Japan, Korea, Taiwan, Hong Kong, Singapore, and Thailand.

Food & Life (TSE:3563) Headlines

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