Aisan Industry Co (TSE:7283) Debt-to-Equity : 0.36 (As of Dec. 2023)

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What is Aisan Industry Co Debt-to-Equity?

Aisan Industry Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円11,770 Mil. Aisan Industry Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円31,516 Mil. Aisan Industry Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円120,661 Mil. Aisan Industry Co's debt to equity for the quarter that ended in Dec. 2023 was 0.36.

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

TSE:7283' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.43 Max: 0.54
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Aisan Industry Co was 0.54. The lowest was 0.29. And the median was 0.43.

TSE:7283's Debt-to-Equity is ranked better than
63.66% of 1175 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs TSE:7283: 0.31

Aisan Industry Co Debt-to-Equity Historical Data

The historical data trend for Aisan Industry 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.

Aisan Industry Co Debt-to-Equity Chart

Aisan Industry Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.54

0.52

0.43

0.46

0.31

Aisan Industry 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															0.46	0.38	0.36	0.36	0.31

Competitive Comparison of Aisan Industry Co's Debt-to-Equity

For the Auto Parts subindustry, Aisan Industry 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.

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

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

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

Aisan Industry Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aisan Industry Co'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
	=	(10310	+	31526)	/	134767
	=	0.31

Aisan Industry Co'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
	=	(11770	+	31516)	/	120661
	=	0.36

Aisan Industry Co (TSE:7283) 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.

Aisan Industry Co Debt-to-Equity Related Terms

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Aisan Industry Co (TSE:7283) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aisan Industry Co Ltd (TSE:7283) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

7283:Japan

Address

1-1-1 Kyowa-cho, Obu-shi, Aichi-ken, JPN, 474-8588

Website

http://www.aisan-ind.co.jp

Aisan Industry Co Ltd is a Japan based company engaged in manufacturing and sales of automotive parts. Its products include Fuel system products such as Fuel pump module to regulate pressure of the fuel; Intake and exhaust system products including throttle body, intake manifold, exhaust gas re-circulation product, positive crankcase ventilation valve; Emission control system products such as charcoal canister; Valve train system such as Engine Valve; Products for motorcycle such as FI System for Small Motorcycle, Titanium Alloy Engine Valve for Motorcycle, Charcoal Canister for Motorcycle; and Products for green vehicle includes products for fuel cell vehicle, products for electric vehicle and gas fuel systems for LPG, CNG.

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