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Ota Floriculture Auction Co (TSE:7555) Debt-to-Equity : 0.15 (As of Dec. 2023)


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What is Ota Floriculture Auction Co Debt-to-Equity?

Ota Floriculture Auction Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円290 Mil. Ota Floriculture Auction Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円475 Mil. Ota Floriculture Auction Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円5,019 Mil. Ota Floriculture Auction Co's debt to equity for the quarter that ended in Dec. 2023 was 0.15.

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

TSE:7555' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.4   Max: 0.64
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of Ota Floriculture Auction Co was 0.64. The lowest was 0.01. And the median was 0.40.

TSE:7555's Debt-to-Equity is ranked better than
73.48% of 1640 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs TSE:7555: 0.15

Ota Floriculture Auction Co Debt-to-Equity Historical Data

The historical data trend for Ota Floriculture Auction 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.

Ota Floriculture Auction Co Debt-to-Equity Chart

Ota Floriculture Auction Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.43 0.36 0.28 0.20

Ota Floriculture Auction Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.22 0.20 0.18 0.17 0.15

Competitive Comparison of Ota Floriculture Auction Co's Debt-to-Equity

For the Farm Products subindustry, Ota Floriculture Auction 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.


Ota Floriculture Auction Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ota Floriculture Auction Co's Debt-to-Equity distribution charts can be found below:

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



Ota Floriculture Auction Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ota Floriculture Auction Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Ota Floriculture Auction Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Ota Floriculture Auction Co  (TSE:7555) 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.


Ota Floriculture Auction Co Debt-to-Equity Related Terms

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Ota Floriculture Auction Co (TSE:7555) Business Description

Traded in Other Exchanges
N/A
Address
2-2-1, Tokai, Ota-ku, Tokyo, JPN, 143-0001
Ota Floriculture Auction Co., Ltd. is a Japan-based company engages in the wholesale of flowers and its ancillary businesses. It offers floriculture products, such as cut flowers, potted plants, seedlings, turfs, bonsai products, and other matting products.

Ota Floriculture Auction Co (TSE:7555) Headlines

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