Kaneka (Kaneka) Debt-to-Asset : 0.21 (As of Dec. 2023)

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What is Kaneka Debt-to-Asset?

Kaneka's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $890 Mil. Kaneka's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $368 Mil. Kaneka's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $5,908 Mil. Kaneka's debt to asset for the quarter that ended in Dec. 2023 was 0.21.

Kaneka Debt-to-Asset Historical Data

The historical data trend for Kaneka's Debt-to-Asset 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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Kaneka Debt-to-Asset Chart

Kaneka Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.20

0.18

0.23

0.22

Kaneka Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.23	0.21	0.21	0.21	0.22

Competitive Comparison of Kaneka's Debt-to-Asset

For the Specialty Chemicals subindustry, Kaneka's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Kaneka's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kaneka's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Kaneka's Debt-to-Asset falls into.

Kaneka Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Kaneka's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(817.469	+	484.74)	/	5808.391
	=	0.22

Kaneka's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(890.371	+	367.832)	/	5907.842
	=	0.21

Kaneka (OTCPK:KANKF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Kaneka Debt-to-Asset Related Terms

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

Kaneka (Kaneka) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kaneka Corp (OTCPK:KANKF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

4118:Japan KKA:Germany

Address

3-2-4, Nakanoshima, Kita-ku, Osaka, JPN, 530-8288

Website

http://www.kaneka.co.jp

Kaneka Corp manufactures and sells a variety of chemicals, plastics, and chemical-based products. The company organizes itself into seven segments based on product type. The foodstuffs segment, which generates more revenue than any other segment, sells margarine, shortening, bakery yeast and spices. The chemicals segment sells polyvinyl chloride used in pipes and flooring. The functional and expandable products segments sell polystyrene- and silicone-based products. The life science products segment sells medical devices, which include balloon catheters for vessel stenosis, and pharmaceutical ingredients. The electronic products segment sells heat resistant films and optical materials. The synthetic fibers segment sells fibers used to make apparel. The majority of revenue comes from Japan.

Kaneka (Kaneka) Headlines

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