Naigai Co (TSE:8013) Debt-to-Equity : 0.31 (As of Oct. 2023)

Naigai Co Debt-to-Equity Chart

Naigai Co Annual Data
	Trend	Jan14	Jan15	Jan16	Jan17	Jan18	Jan19	Jan20	Jan21	Jan22	Jan23
Debt-to-Equity		Get a 7-Day Free Trial					0.03	0.03	0.35	0.21	0.32

Naigai Co Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial															0.31	0.32	0.30	0.32	0.31

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

For the Apparel Retail subindustry, Naigai 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.

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

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

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

Naigai Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Naigai Co's Debt to Equity Ratio for the fiscal year that ended in Jan. 2023 is calculated as

Naigai Co's Debt to Equity Ratio for the quarter that ended in Oct. 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.

Naigai Co  (TSE:8013) 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.

Naigai Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Naigai Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Naigai Co (TSE:8013) Business Description