Maxvalu Tokai Co (TSE:8198) Debt-to-Equity : 0.00 (As of Nov. 2023)

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What is Maxvalu Tokai Co Debt-to-Equity?

Maxvalu Tokai Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円0 Mil. Maxvalu Tokai Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円0 Mil. Maxvalu Tokai Co's Total Stockholders Equity for the quarter that ended in Nov. 2023 was 円77,522 Mil. Maxvalu Tokai Co's debt to equity for the quarter that ended in Nov. 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 Maxvalu Tokai Co's Debt-to-Equity or its related term are showing as below:

TSE:8198' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.04
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Maxvalu Tokai Co was 0.04. The lowest was 0.01. And the median was 0.02.

TSE:8198's Debt-to-Equity is ranked better than
98.55% of 276 companies
in the Retail - Defensive industry
Industry Median: 0.64 vs TSE:8198: 0.02

Maxvalu Tokai Co Debt-to-Equity Historical Data

The historical data trend for Maxvalu Tokai 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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Maxvalu Tokai Co Debt-to-Equity Chart

Maxvalu Tokai Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-Equity

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0.04

0.03

0.02

Maxvalu Tokai Co 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															0.03	-	-	-	0.02

Competitive Comparison of Maxvalu Tokai Co's Debt-to-Equity

For the Grocery Stores subindustry, Maxvalu Tokai 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.

Maxvalu Tokai Co's Debt-to-Equity Distribution in the Retail - Defensive Industry

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

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

Maxvalu Tokai Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Maxvalu Tokai Co's Debt to Equity Ratio for the fiscal year 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
	=	(261	+	1380)	/	80595
	=	0.02

Maxvalu Tokai Co's Debt to Equity Ratio for the quarter that ended in Nov. 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)	/	77522
	=	0.00

Maxvalu Tokai Co (TSE:8198) 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.

Maxvalu Tokai Co Debt-to-Equity Related Terms

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Maxvalu Tokai Co (TSE:8198) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Maxvalu Tokai Co Ltd (TSE:8198) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

303-1 Shimonagakubo, Nakaizumi-machi Sunto-gun, Shizuoka, JPN, 411-0934

Website

http://www.mv-tokai.com

Maxvalu Tokai Co Ltd is a Japan-based retail store company. It manages a chain of supermarkets centering food items such as fresh fruits and vegetables, fresh fish, side dishes among others. Services provided by the company include an online supermarket, home delivery service, resting place, pharmaceutical stores, discount service, among others. Maxvalu Tokai has stores located throughout Japan.

Maxvalu Tokai Co (TSE:8198) Headlines

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