Nissan Motor Co (Nissan Motor Co) Debt-to-Equity : 1.29 (As of Dec. 2023)

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What is Nissan Motor Co Debt-to-Equity?

Nissan Motor Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $19,952 Mil. Nissan Motor Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $30,697 Mil. Nissan Motor Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $39,127 Mil. Nissan Motor Co's debt to equity for the quarter that ended in Dec. 2023 was 1.29.

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

NSANY' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.26 Med: 1.51 Max: 2.28
Current: 1.29

During the past 13 years, the highest Debt-to-Equity Ratio of Nissan Motor Co was 2.28. The lowest was 1.26. And the median was 1.51.

NSANY's Debt-to-Equity is ranked worse than
81.26% of 1174 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs NSANY: 1.29

Nissan Motor Co Debt-to-Equity Historical Data

The historical data trend for Nissan Motor 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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Nissan Motor Co Debt-to-Equity Chart

Nissan Motor Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.51

1.95

1.93

1.56

1.37

Nissan Motor Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.36	1.37	1.35	1.26	1.29

Competitive Comparison of Nissan Motor Co's Debt-to-Equity

For the Auto Manufacturers subindustry, Nissan Motor 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.

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

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

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

Nissan Motor Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nissan Motor 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
	=	(21558.95	+	31103.301)	/	38416.556
	=	1.37

Nissan Motor 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
	=	(19952.244	+	30696.798)	/	39126.798
	=	1.29

Nissan Motor Co (OTCPK:NSANY) 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.

Nissan Motor Co Debt-to-Equity Related Terms

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Nissan Motor Co (Nissan Motor Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nissan Motor Co Ltd (OTCPK:NSANY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NSANF:USA 7201:Japan NISA:Germany NISA:Austria

Address

1-1, Takashima 1-chome, Nishi-ku, Yokohama-shi, Kanagawa, JPN, 220-8686

Website

http://www.nissan-global.com

While Nissan sold 3.3 million vehicles last fiscal year, total calendar 2022 Renault-Nissan-Mitsubishi alliance sales volume of 6.5 million vehicles makes the group the fourth-largest vehicle seller in the world, behind Toyota at 10.3 million, Volkswagen at 8.5 million, and Hyundai/Kia with 6.8 million vehicles sold. Nissan's financial services subsidiary provides consumers with auto loans and leases but also finances Nissan's sales to its dealerships (known as floor-plan financing). Nissan is 43.4% owned by Renault, while Nissan in turn owns 15% of Renault. Nissan also owns a 34% stake in Mitsubishi Motors. Under a new alliance agreement expected to be completed before the end of December 2023, Nissan and Renault will have cross-shareholding capped at 15% voting rights for each company.