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Yokohama Rubber Co (Yokohama Rubber Co) Debt-to-Equity : 0.64 (As of Dec. 2023)


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What is Yokohama Rubber Co Debt-to-Equity?

Yokohama Rubber Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $668 Mil. Yokohama Rubber Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,592 Mil. Yokohama Rubber Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,137 Mil. Yokohama Rubber Co's debt to equity for the quarter that ended in Dec. 2023 was 0.63.

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

YORUF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34   Med: 0.59   Max: 0.99
Current: 0.64

During the past 13 years, the highest Debt-to-Equity Ratio of Yokohama Rubber Co was 0.99. The lowest was 0.34. And the median was 0.59.

YORUF's Debt-to-Equity is ranked worse than
60.31% of 1174 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs YORUF: 0.64

Yokohama Rubber Co Debt-to-Equity Historical Data

The historical data trend for Yokohama Rubber 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.

Yokohama Rubber Co Debt-to-Equity Chart

Yokohama Rubber Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.50 0.34 0.39 0.64

Yokohama Rubber 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 0.39 0.41 0.77 0.71 0.64

Competitive Comparison of Yokohama Rubber Co's Debt-to-Equity

For the Auto Parts subindustry, Yokohama Rubber 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.


Yokohama Rubber Co's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Yokohama Rubber Co's Debt-to-Equity distribution charts can be found below:

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



Yokohama Rubber Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yokohama Rubber Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Yokohama Rubber 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.


Yokohama Rubber Co  (OTCPK:YORUF) 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.


Yokohama Rubber Co Debt-to-Equity Related Terms

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Yokohama Rubber Co (Yokohama Rubber Co) Business Description

Traded in Other Exchanges
Address
36-11, Shimbashi 5-chome, Minato-ku, Tokyo, JPN, 105-8685
Yokohama Rubber Co Ltd makes and sells rubber tires, wheels, and other components in two primary segments based on product type: The tires segment, which generates the majority of revenue, sells rubber tires and wheels for automobiles under the Yokohama and Advan brand names; the multiple businesses segment sells hose and couplings, conveyor belts, marine hoses, pneumatic genders, sealants and adhesives, aerospace components, and electronic materials. The majority of revenue comes from Japan.

Yokohama Rubber Co (Yokohama Rubber Co) Headlines

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