Kyoritsu Co (TSE:7795) Debt-to-Equity : 0.95 (As of Dec. 2023)

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What is Kyoritsu Co Debt-to-Equity?

Kyoritsu Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円5,550 Mil. Kyoritsu Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円10,233 Mil. Kyoritsu Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円16,697 Mil. Kyoritsu Co's debt to equity for the quarter that ended in Dec. 2023 was 0.95.

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

TSE:7795' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.93 Med: 0.95 Max: 1.02
Current: 0.95

During the past 6 years, the highest Debt-to-Equity Ratio of Kyoritsu Co was 1.02. The lowest was 0.93. And the median was 0.95.

TSE:7795's Debt-to-Equity is ranked worse than
67.58% of 472 companies
in the Conglomerates industry
Industry Median: 0.56 vs TSE:7795: 0.95

Kyoritsu Co Debt-to-Equity Historical Data

The historical data trend for Kyoritsu 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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Kyoritsu Co Debt-to-Equity Chart

Kyoritsu Co Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.94

Kyoritsu Co Quarterly Data
	Mar18	Mar19	Mar20	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						1.01	0.94	1.02	0.93	0.95

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

For the Conglomerates subindustry, Kyoritsu 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.

Kyoritsu Co's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kyoritsu Co's Debt-to-Equity distribution charts can be found below:

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

Kyoritsu Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kyoritsu Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(5382.726	+	9851.9)	/	16172.346
	=	0.94

Kyoritsu 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
	=	(5549.647	+	10232.866)	/	16697.07
	=	0.95

Kyoritsu Co (TSE:7795) 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.

Kyoritsu Co Debt-to-Equity Related Terms

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Kyoritsu Co (TSE:7795) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Kyoritsu Co Ltd (TSE:7795) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

36-1, Shimizu-cho, Itabashi-ku, Tokyo, JPN, 174-8860

Website

https://www.kyoritsu-hd.co.jp

Kyoritsu Co Ltd is a Business strategy formulation and management of group companies engaged in general printing business, BPO business, digital business, environmental business and others.

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