Aisin (ASEKY) Debt-to-Equity

: 0.41 (As of Dec. 2023)

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Aisin's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $729 Mil. Aisin's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,740 Mil. Aisin's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $13,297 Mil. Aisin's debt to equity for the quarter that ended in Dec. 2023 was 0.41.

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

ASEKY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33 Med: 0.41 Max: 0.88
Current: 0.41

During the past 13 years, the highest Debt-to-Equity Ratio of Aisin was 0.88. The lowest was 0.33. And the median was 0.41.

ASEKY's Debt-to-Equity is ranked better than
54.47% of 1175 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs ASEKY: 0.41

Aisin Debt-to-Equity Historical Data

The historical data trend for Aisin'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.

Aisin Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.46

0.79

0.64

0.54

0.52

Aisin 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																0.57	0.52	0.46	0.41	0.41

Competitive Comparison

For the Auto Parts subindustry, Aisin'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.

Aisin Debt-to-Equity Distribution

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

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

Aisin Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aisin'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
	=	(1333.729	+	5477.85)	/	13102.422
	=	0.52

Aisin'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
	=	(728.816	+	4740.345)	/	13296.937
	=	0.41

Aisin (OTCPK:ASEKY) 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.

Aisin Debt-to-Equity Related Terms

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Aisin (ASEKY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aisin Corp (OTCPK:ASEKY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

7259:Japan AKN:Germany AKN:Germany

Address

2-1 Asahi-machi, Aichi, Kariya, JPN, 448-8650

Website

https://www.aisin.com

Aisin Corp is a manufacturer and seller of automotive parts, lifestyle and energy-related products, and wellness products. The majority of revenue is generated selling automotive parts and related services, automatic transmissions, car navigation systems, and lifestyle products such as sewing machines and beds, and heat-pumps. Other operations include cast-iron parts for engines and brakes. Aisin Seiki has operations across the world, supplying a wide range of car manufacturers around the globe.

Aisin (ASEKY) Headlines

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