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Kanseki Co (TSE:9903) Debt-to-Equity : 1.30 (As of Nov. 2023)


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What is Kanseki Co Debt-to-Equity?

Kanseki Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円5,344 Mil. Kanseki Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円8,050 Mil. Kanseki Co's Total Stockholders Equity for the quarter that ended in Nov. 2023 was 円10,320 Mil. Kanseki Co's debt to equity for the quarter that ended in Nov. 2023 was 1.30.

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

TSE:9903' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.94   Med: 2   Max: 2.89
Current: 1.3

During the past 13 years, the highest Debt-to-Equity Ratio of Kanseki Co was 2.89. The lowest was 0.94. And the median was 2.00.

TSE:9903's Debt-to-Equity is ranked worse than
76.2% of 1004 companies
in the Retail - Cyclical industry
Industry Median: 0.64 vs TSE:9903: 1.30

Kanseki Co Debt-to-Equity Historical Data

The historical data trend for Kanseki 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.

Kanseki Co Debt-to-Equity Chart

Kanseki Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 1.64 1.18 1.18 1.12

Kanseki Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 1.07 1.12 1.15 1.19 1.30

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

For the Home Improvement Retail subindustry, Kanseki 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.


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

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

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



Kanseki Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Kanseki Co's Debt to Equity Ratio for the quarter that ended in Nov. 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.


Kanseki Co  (TSE:9903) 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.


Kanseki Co Debt-to-Equity Related Terms

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Kanseki Co (TSE:9903) Business Description

Traded in Other Exchanges
N/A
Address
1 Chome-cho, Utsunomiya, Tochigi, JPN
Kanseki Co., Ltd is engaged in managing home centers, specialty stores in Japan.

Kanseki Co (TSE:9903) Headlines

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