Mitsubishi Shokuhin Co (TSE:7451) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Mitsubishi Shokuhin Co Debt-to-Equity?

Mitsubishi Shokuhin Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Mitsubishi Shokuhin Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Mitsubishi Shokuhin Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円196,581 Mil. Mitsubishi Shokuhin Co's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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

TSE:7451' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.05
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Mitsubishi Shokuhin Co was 0.05. The lowest was 0.02. And the median was 0.03.

TSE:7451's Debt-to-Equity is ranked better than
95.67% of 277 companies
in the Retail - Defensive industry
Industry Median: 0.6 vs TSE:7451: 0.03

Mitsubishi Shokuhin Co Debt-to-Equity Historical Data

The historical data trend for Mitsubishi Shokuhin 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.

Mitsubishi Shokuhin Co Debt-to-Equity Chart

Mitsubishi Shokuhin Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.04

0.03

0.04

0.03

Mitsubishi Shokuhin Co 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															0.03	-	-	-	0.03

Competitive Comparison of Mitsubishi Shokuhin Co's Debt-to-Equity

For the Food Distribution subindustry, Mitsubishi Shokuhin 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.

Mitsubishi Shokuhin Co's Debt-to-Equity Distribution in the Retail - Defensive Industry

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

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

Mitsubishi Shokuhin Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mitsubishi Shokuhin Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(849	+	4419)	/	203835
	=	0.03

Mitsubishi Shokuhin 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
	=	(0	+	0)	/	196581
	=	0.00

Mitsubishi Shokuhin Co (TSE:7451) 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.

Mitsubishi Shokuhin Co Debt-to-Equity Related Terms

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Mitsubishi Shokuhin Co (TSE:7451) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Mitsubishi Shokuhin Co Ltd (TSE:7451) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-1-1 Heiwajima, Ota-ku, Tokyo, JPN, 1436556

Website

http://www.mitsubishi-shokuhin.com

Mitsubishi Shokuhin Co Ltd is a Japan-based company engaged in the food and beverage business. The company offers processed foods, frozen and chilled foods, alcoholic beverages and confectioneries at wholesale prices. Its product portfolio includes seasoning products, noodles, dry goods, alcoholic and non-alcoholic beverages, frozen foods, confectionery. It also operates in the real estate management and logistics business. The majority of the revenues are derived from the processed foods business and frozen and chilled foods business.

Mitsubishi Shokuhin Co (TSE:7451) Headlines

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