Kairikiya Co (TSE:5891) Debt-to-Equity : 0.22 (As of Dec. 2023)

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What is Kairikiya Co Debt-to-Equity?

Kairikiya Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円340 Mil. Kairikiya Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円620 Mil. Kairikiya Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円4,400 Mil. Kairikiya Co's debt to equity for the quarter that ended in Dec. 2023 was 0.22.

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

TSE:5891' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.51 Max: 0.62
Current: 0.22

During the past 3 years, the highest Debt-to-Equity Ratio of Kairikiya Co was 0.62. The lowest was 0.22. And the median was 0.51.

TSE:5891's Debt-to-Equity is ranked better than
86.14% of 303 companies
in the Restaurants industry
Industry Median: 0.94 vs TSE:5891: 0.22

Kairikiya Co Debt-to-Equity Historical Data

The historical data trend for Kairikiya 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.

* Premium members only.

Kairikiya Co Debt-to-Equity Chart

Kairikiya Co Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.62

0.51

0.22

Kairikiya Co Semi-Annual Data
	Dec21	Dec22	Dec23
Debt-to-Equity	0.62	0.51	0.22

Competitive Comparison of Kairikiya Co's Debt-to-Equity

For the Restaurants subindustry, Kairikiya 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.

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

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

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

Kairikiya Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kairikiya 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
	=	(339.571	+	620.367)	/	4400.329
	=	0.22

Kairikiya Co'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
	=	(339.571	+	620.367)	/	4400.329
	=	0.22

Kairikiya Co (TSE:5891) 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.

Kairikiya Co Debt-to-Equity Related Terms

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Kairikiya Co (TSE:5891) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Kairikiya Co Ltd (TSE:5891) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

670 Teraimizumachi, Nishikikoji Road, 6th floor, Kyoto Fukutoku Building, Karasuma-dori, Nakagyo-ku, Kyoto, JPN, 604-8152

Website

https://www.kairikiya.co.jp

Kairikiya Co Ltd is engaged in the Food and beverage business including ramen chain development and Restaurant business management.

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