Iino Kaiun Kaisha (Iino Kaiun Kaisha) Debt-to-Equity : 0.93 (As of Dec. 2023)

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What is Iino Kaiun Kaisha Debt-to-Equity?

Iino Kaiun Kaisha's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $254.9 Mil. Iino Kaiun Kaisha's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $554.6 Mil. Iino Kaiun Kaisha's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $866.6 Mil. Iino Kaiun Kaisha's debt to equity for the quarter that ended in Dec. 2023 was 0.93.

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 Iino Kaiun Kaisha's Debt-to-Equity or its related term are showing as below:

IIKKF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.94 Med: 1.7 Max: 2.13
Current: 0.94

During the past 13 years, the highest Debt-to-Equity Ratio of Iino Kaiun Kaisha was 2.13. The lowest was 0.94. And the median was 1.70.

IIKKF's Debt-to-Equity is ranked worse than
66.89% of 882 companies
in the Transportation industry
Industry Median: 0.565 vs IIKKF: 0.94

Iino Kaiun Kaisha Debt-to-Equity Historical Data

The historical data trend for Iino Kaiun Kaisha'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.

Iino Kaiun Kaisha Debt-to-Equity Chart

Iino Kaiun Kaisha Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.81

1.72

1.38

1.08

0.94

Iino Kaiun Kaisha Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.08	1.11	1.00	0.93	0.94

Competitive Comparison of Iino Kaiun Kaisha's Debt-to-Equity

For the Marine Shipping subindustry, Iino Kaiun Kaisha'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.

Iino Kaiun Kaisha's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Iino Kaiun Kaisha's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Iino Kaiun Kaisha's Debt-to-Equity falls into.

Iino Kaiun Kaisha Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Iino Kaiun Kaisha's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(251.177	+	574.495)	/	881.526
	=	0.94

Iino Kaiun Kaisha'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
	=	(254.894	+	554.557)	/	866.597
	=	0.93

Iino Kaiun Kaisha (OTCPK:IIKKF) 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.

Iino Kaiun Kaisha Debt-to-Equity Related Terms

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Iino Kaiun Kaisha (Iino Kaiun Kaisha) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Iino Kaiun Kaisha Ltd (OTCPK:IIKKF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

9119:Japan

Address

Iino Building, 2-1-1 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 100-0011

Website

http://www.iino.co.jp

Iino Kaiun Kaisha Ltd is a transportation and logistics company domiciled in Japan. The company organises itself into three segments: oceangoing shipping, regional shipping, and real estate. The oceangoing shipping segment, which generates the majority of revenue, owns and operates oil and chemical tankers, large gas carriers to transport liquefied natural and liquefied petroleum gas, and dry bulk carriers. The regional shipping segment operates small gas carriers. The real estate segment invest in and leases office buildings.

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