Shin-Etsu Chemical Co (Shin-Etsu Chemical Co) Debt-to-Equity

: 0.01 (As of Dec. 2023)

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Shin-Etsu Chemical Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $48 Mil. Shin-Etsu Chemical Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $130 Mil. Shin-Etsu Chemical Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $29,609 Mil. Shin-Etsu Chemical Co's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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

SHECY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.01
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Shin-Etsu Chemical Co was 0.01. The lowest was 0.01. And the median was 0.01.

SHECY's Debt-to-Equity is ranked better than
99.93% of 1394 companies
in the Chemicals industry
Industry Median: 0.35 vs SHECY: 0.01

Shin-Etsu Chemical Co Debt-to-Equity Historical Data

The historical data trend for Shin-Etsu Chemical 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.

Shin-Etsu Chemical Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.01

Shin-Etsu Chemical 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																0.01	0.01	0.01	0.01	0.01

Competitive Comparison

For the Chemicals subindustry, Shin-Etsu Chemical 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.

Shin-Etsu Chemical Co Debt-to-Equity Distribution

For the Chemicals industry and Basic Materials sector, Shin-Etsu Chemical Co's Debt-to-Equity distribution charts can be found below:

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

Shin-Etsu Chemical Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shin-Etsu Chemical 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
	=	(82.281	+	140.741)	/	28984.613
	=	0.01

Shin-Etsu Chemical 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
	=	(47.985	+	129.822)	/	29609.235
	=	0.01

Shin-Etsu Chemical Co (OTCPK:SHECY) 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.

Shin-Etsu Chemical Co Debt-to-Equity Related Terms

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Shin-Etsu Chemical Co (Shin-Etsu Chemical Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shin-Etsu Chemical Co Ltd (OTCPK:SHECY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SHECF:USA 4063:Japan SEH:Germany

Address

6-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-0004

Website

http://www.shinetsu.co.jp

Shin-Etsu Chemical Co Ltd is a Japan-based company primarily engaged in chemical business. The company operates in six business segments namely Poly Vinyl Chloride, Specialty Chemicals, Silicon, Semiconductor Silicon, Electronic and Functional Materials and Diversified business. It derives majority of revenue through Poly Vinyl Chloride segment which manufactures and sells vinyl chloride, caustic soda products, chloromethane and methanol. The group is also involved in manufacturing and selling of various other chemical products such as Polyvinyl alcohol, Synthetic pheromones, Rare-earth magnets for electronics industry and general applications, Photoresists, Photomask blanks and others. Geographically, it operates from the market of Japan and its business is amplifying across the globe.

Shin-Etsu Chemical Co (Shin-Etsu Chemical Co) Headlines

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