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Nano Mrna Co (TSE:4571) Debt-to-Equity : 0.32 (As of Dec. 2023)


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What is Nano Mrna Co Debt-to-Equity?

Nano Mrna Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0.0 Mil. Nano Mrna Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,108.9 Mil. Nano Mrna Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円3,476.7 Mil. Nano Mrna Co's debt to equity for the quarter that ended in Dec. 2023 was 0.32.

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

TSE:4571' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.24   Max: 0.53
Current: 0.32

During the past 13 years, the highest Debt-to-Equity Ratio of Nano Mrna Co was 0.53. The lowest was 0.04. And the median was 0.24.

TSE:4571's Debt-to-Equity is ranked worse than
67.01% of 1070 companies
in the Biotechnology industry
Industry Median: 0.145 vs TSE:4571: 0.32

Nano Mrna Co Debt-to-Equity Historical Data

The historical data trend for Nano Mrna 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.

Nano Mrna Co Debt-to-Equity Chart

Nano Mrna Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 - - 0.21 0.26

Nano Mrna 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.26 0.28 0.29 0.32

Competitive Comparison of Nano Mrna Co's Debt-to-Equity

For the Biotechnology subindustry, Nano Mrna 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.


Nano Mrna Co's Debt-to-Equity Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Nano Mrna Co's Debt-to-Equity distribution charts can be found below:

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



Nano Mrna Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nano Mrna Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Nano Mrna Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Nano Mrna Co  (TSE:4571) 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.


Nano Mrna Co Debt-to-Equity Related Terms

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


Nano Mrna Co (TSE:4571) Business Description

Traded in Other Exchanges
Address
5-4-19 Kashiwanoha, Chiba, JPN, 277-0882
Nano Mrna Co Ltd formerly NanoCarrier Co Ltd is engaged in the research and development of pharmaceuticals using micellar nanoparticles technology.

Nano Mrna Co (TSE:4571) Headlines

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