Oji Holdings (Oji Holdings) Debt-to-Equity : 0.75 (As of Dec. 2023)

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What is Oji Holdings Debt-to-Equity?

Oji Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,752 Mil. Oji Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,652 Mil. Oji Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7,232 Mil. Oji Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.75.

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 Oji Holdings's Debt-to-Equity or its related term are showing as below:

OJIPY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.75 Med: 0.95 Max: 1.54
Current: 0.75

During the past 13 years, the highest Debt-to-Equity Ratio of Oji Holdings was 1.54. The lowest was 0.75. And the median was 0.95.

OJIPY's Debt-to-Equity is ranked worse than
64.91% of 265 companies
in the Forest Products industry
Industry Median: 0.51 vs OJIPY: 0.75

Oji Holdings Debt-to-Equity Historical Data

The historical data trend for Oji Holdings'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.

Oji Holdings Debt-to-Equity Chart

Oji Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.92

0.84

0.86

0.76

0.84

Oji Holdings 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															0.81	0.84	0.83	0.76	0.75

Competitive Comparison of Oji Holdings's Debt-to-Equity

For the Paper & Paper Products subindustry, Oji Holdings'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.

Oji Holdings's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Oji Holdings's Debt-to-Equity distribution charts can be found below:

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

Oji Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Oji Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(2339.735	+	3558.16)	/	7010.705
	=	0.84

Oji Holdings'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
	=	(1752.135	+	3651.858)	/	7232.346
	=	0.75

Oji Holdings (OTCPK:OJIPY) 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.

Oji Holdings Debt-to-Equity Related Terms

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Oji Holdings (Oji Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Oji Holdings Corp (OTCPK:OJIPY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

OJIPF:USA 3861:Japan OJI:Germany

Address

7-5, Ginza 4-chome, Chuo-ku, Tokyo, JPN, 104-0061

Website

http://www.ojiholdings.co.jp

Oji Holdings Corp is a holding company whose subsidiaries produce and sell pulp and a variety of paper products The company organizes itself into four segments based on product type. The household and industrial materials segment, which generates more revenue than any other segment, sells packaging materials, paper towels, toilet paper, tissues, and diapers. The functional materials segment sells adhesive paper, specialty paper, and film. The forest resources and environmental marketing segment sells lumber, pulp, and biomass fuel. The printing and communications media segment sells newsprint, magazine paper, and printer paper.

Oji Holdings (Oji Holdings) Headlines

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