Grantomato Co (TSE:7137) Debt-to-Equity : 4.59 (As of Aug. 2023)

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What is Grantomato Co Debt-to-Equity?

Grantomato Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was 円1,779 Mil. Grantomato Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was 円1,768 Mil. Grantomato Co's Total Stockholders Equity for the quarter that ended in Aug. 2023 was 円772 Mil. Grantomato Co's debt to equity for the quarter that ended in Aug. 2023 was 4.59.

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

TSE:7137' s Debt-to-Equity Range Over the Past 10 Years
Min: 4.59 Med: 8.02 Max: 16.62
Current: 4.59

During the past 4 years, the highest Debt-to-Equity Ratio of Grantomato Co was 16.62. The lowest was 4.59. And the median was 8.02.

TSE:7137's Debt-to-Equity is ranked worse than
95.51% of 1003 companies
in the Retail - Cyclical industry
Industry Median: 0.61 vs TSE:7137: 4.59

Grantomato Co Debt-to-Equity Historical Data

The historical data trend for Grantomato 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.

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Grantomato Co Debt-to-Equity Chart

Grantomato Co Annual Data

Trend

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

16.62

9.84

6.20

4.59

Grantomato Co Semi-Annual Data
	Aug20	Aug21	Feb22	Aug22	Feb23	Aug23
Debt-to-Equity	Get a 7-Day Free Trial			9.84	10.62	6.20	9.75	4.59

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

For the Specialty Retail subindustry, Grantomato 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.

Grantomato Co's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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

Grantomato Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grantomato Co'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
	=	(1778.51	+	1768.051)	/	772.018
	=	4.59

Grantomato Co's Debt to Equity Ratio for the quarter 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
	=	(1778.51	+	1768.051)	/	772.018
	=	4.59

Grantomato Co (TSE:7137) 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.

Grantomato Co Debt-to-Equity Related Terms

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Grantomato Co (TSE:7137) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Grantomato Co Ltd (TSE:7137) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

9-5 Aza-shimotakenouchi, Mujinamori, Sukagawa, Sukagawa, JPN, 962-0723

Website

https://www.grantomato.jp

Grantomato Co Ltd sells agricultural products such as fertilizers, greenhouses, and agricultural machinery to agricultural producers, and delivers agricultural products to consumers at low cost in cooperation with various partners.

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