Kura Sushi USA (Kura Sushi USA) Debt-to-Equity : 0.78 (As of Feb. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Kura Sushi USA Debt-to-Equity?

Kura Sushi USA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $10.4 Mil. Kura Sushi USA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $118.9 Mil. Kura Sushi USA's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $165.3 Mil. Kura Sushi USA's debt to equity for the quarter that ended in Feb. 2024 was 0.78.

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 Kura Sushi USA's Debt-to-Equity or its related term are showing as below:

KRUS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.87 Max: 2.17
Current: 0.78

During the past 7 years, the highest Debt-to-Equity Ratio of Kura Sushi USA was 2.17. The lowest was 0.06. And the median was 0.87.

KRUS's Debt-to-Equity is ranked better than
55.78% of 303 companies
in the Restaurants industry
Industry Median: 0.94 vs KRUS: 0.78

Kura Sushi USA Debt-to-Equity Historical Data

The historical data trend for Kura Sushi USA'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.

Kura Sushi USA Debt-to-Equity Chart

Kura Sushi USA Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

Get a 7-Day Free Trial

0.06

1.41

0.80

0.97

0.73

Kura Sushi USA 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															1.12	0.69	0.73	0.76	0.78

Competitive Comparison of Kura Sushi USA's Debt-to-Equity

For the Restaurants subindustry, Kura Sushi USA'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.

Kura Sushi USA's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Kura Sushi USA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kura Sushi USA's Debt-to-Equity falls into.

Kura Sushi USA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kura Sushi USA's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(9.295	+	110.265)	/	164.641
	=	0.73

Kura Sushi USA's Debt to Equity Ratio for the quarter that ended in Feb. 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
	=	(10.376	+	118.936)	/	165.28
	=	0.78

Kura Sushi USA (NAS:KRUS) 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.

Kura Sushi USA Debt-to-Equity Related Terms

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

Kura Sushi USA (Kura Sushi USA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Kura Sushi USA Inc (NAS:KRUS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

17461 Derian Avenue, Suite 200, Irvine, California, DE, USA, 92614

Website

https://www.kurasushi.com

Kura Sushi USA Inc is a Japanese restaurant company. It operates revolving sushi chain restaurants in the United States. It provides access to the revolving and express conveyor belts, on-demand ordering screen, plate slot, and the Bikkura-Pon rewards machine. The company offers several dishes, including Dashi Olive Salmon, Tomago, Sweet Shrimp, Tuna, Garlic Tuna Steak, Salmon, among others. Geographically, it derives revenue from the United States of America.

Executives

Brent Takao	officer: See Remarks	C/O KURA SUSHI USA, INC., 17461 DERIAN AVE., SUITE 200, IRVINE CA 92614
Carin Stutz	director	C/O BRINKER INTERNATIONAL, INC., 6820 LBJ FREEWAY, DALLAS TX 75240
Jeffrey J Uttz	officer: Chief Financial Officer	C/O SHAKE SHACK INC., 24 UNION SQUARE EAST, 5TH FLOOR, NEW YORK NY 10003
Shahin Allameh	officer: Chief Operating Officer	C/O KURA SUSHI USA, INC., 17461 DERIAN AVENUE, SUITE 200, IRVINE CA 92614
Benrubi Steven	officer: Chief Financial Officer	C/O KURA SUSHI USA, INC., 17461 DERIAN AVENUE, SUITE 200, IRVINE CA 92614
Hiroyuki Okamoto	director	C/O KURA SUSHI USA, INC., 17461 DERIAN AVE., SUITE 200, IRVINE CA 92614
Kim Ellis	director	C/O KURA SUSHI USA, INC., 17461 DERIAN AVE., SUITE 200, IRVINE CA 92614
Shintaro Asako	director	1301 SECOND AVENUE, SUITE 4200, SEATTLE WA 98101
Manabu Kamei	director, officer: Chief Operating Officer	C/O KURA SUSHI USA, INC., 17932 SKY PARK CIRCLE, SUITE H, IRVINE CA 92614
Hideto Sugimoto	officer: Director of Operations	C/O KURA SUSHI USA, INC., 17932 SKY PARK CIRCLE, SUITE H, IRVINE CA 92614
Koji Shinohara	director, officer: See Remarks	C/O KURA SUSHI USA, INC., 17932 SKY PARK CIRCLE, SUITE H, IRVINE CA 92614
Hajime Uba	director, officer: See Remarks	C/O KURA SUSHI USA, INC., 17461 DERIAN AVE., SUITE 200, IRVINE CA 92614
Seitaro Ishii	director	C/O KURA SUSHI USA, INC., 17461 DERIAN AVE., SUITE 200, IRVINE CA 92614
Kura Sushi, Inc.	10 percent owner	1-2-2 FUKASAKA, NAKA-KU, SAKAI-SHI, OSAKA M0 599-8253