Okuwa Co (TSE:8217) Debt-to-Equity : 0.27 (As of Feb. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Okuwa Co Debt-to-Equity?

Okuwa Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円9,600 Mil. Okuwa Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円11,781 Mil. Okuwa Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円78,388 Mil. Okuwa Co's debt to equity for the quarter that ended in Feb. 2024 was 0.27.

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

TSE:8217' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.29 Max: 0.35
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Okuwa Co was 0.35. The lowest was 0.25. And the median was 0.29.

TSE:8217's Debt-to-Equity is ranked better than
70.56% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.61 vs TSE:8217: 0.27

Okuwa Co Debt-to-Equity Historical Data

The historical data trend for Okuwa 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.

Okuwa Co Debt-to-Equity Chart

Okuwa Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-Equity

Get a 7-Day Free Trial

0.35

0.29

0.26

0.27

Okuwa Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.27	0.25	0.27	0.26	0.27

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

For the Department Stores subindustry, Okuwa 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.

Okuwa Co's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Okuwa Co's Debt-to-Equity distribution charts can be found below:

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

Okuwa Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Okuwa Co's Debt to Equity Ratio for the fiscal year that ended in Feb. 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
	=	(9600	+	11781)	/	78388
	=	0.27

Okuwa Co's Debt to Equity Ratio for the quarter that ended in Feb. 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
	=	(9600	+	11781)	/	78388
	=	0.27

Okuwa Co (TSE:8217) 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.

Okuwa Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Okuwa Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Okuwa Co (TSE:8217) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Okuwa Co Ltd (TSE:8217) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

185 3 Nakajima, Wakayama, JPN, 641-8501

Website

http://www.okuwa.net

Okuwa Co Ltd operates a retail chain of stores in Japan. The company's products that it sells include foods, alcoholic beverages, rice, household items, residential goods, upholstery, Do It Yourself products, leisure goods, sporting goods, household appliances, cosmetics, pharmaceuticals, clothing and various other items. It operates more than 15 stores in Wakayama, Osaka, Nara, Mie, Hyogo, Aichi, Gifu, Shizuoka cities in Japan.

Okuwa Co (TSE:8217) Headlines

No Headlines