Nippon Ceramic Co (TSE:6929) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Nippon Ceramic Co Debt-to-Equity?

Nippon Ceramic Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円147 Mil. Nippon Ceramic Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円0 Mil. Nippon Ceramic Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円49,715 Mil. Nippon Ceramic Co's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Nippon Ceramic Co was 0.20. The lowest was 0.00. And the median was 0.01.

TSE:6929's Debt-to-Equity is not ranked ^*
in the Hardware industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Nippon Ceramic Co Debt-to-Equity Historical Data

The historical data trend for Nippon Ceramic 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.

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Nippon Ceramic Co Debt-to-Equity Chart

Nippon Ceramic Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

Nippon Ceramic Co 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															-	0.01	-	-	-

Competitive Comparison of Nippon Ceramic Co's Debt-to-Equity

For the Electronic Components subindustry, Nippon Ceramic 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.

Nippon Ceramic Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nippon Ceramic Co's Debt-to-Equity distribution charts can be found below:

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

Nippon Ceramic Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nippon Ceramic Co's Debt to Equity Ratio for the fiscal year 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
	=	(76	+	0)	/	50456
	=	0.00

Nippon Ceramic Co's Debt to Equity Ratio for the quarter 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
	=	(147	+	0)	/	49715
	=	0.00

Nippon Ceramic Co (TSE:6929) 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.

Nippon Ceramic Co Debt-to-Equity Related Terms

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Nippon Ceramic Co (TSE:6929) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nippon Ceramic Co Ltd (TSE:6929) » Definitions » Debt-to-Equity

Comparable Companies

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Address

176-17 Hirooka, Tottori-shi, Tottori, JPN, 689-1193

Website

http://www.nicera.co.jp

Nippon Ceramic Co Ltd is a Japan based company engaged in development, manufacturing and sale of ceramic sensors, ferrite, module and others. Its products are applicable for household equipment and plant facilities; automobiles; home electronics and office automation equipment; and electronics. Its Household equipment & plant faculties include lighting, sensor, security system, fire detection sensor etc. In automobile industry its products are applicable in sensor, DC- DC Converter, charging & discharging battery etc. Its products in home electronics include Microwave, airconditioner and IH cooker. Under electronics industry its products are power supplies, fan motors, inverters.

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