AIKCF (Aica Kogyo Co) Debt-to-Equity: 0.25 (As of Mar. 2026) — 213% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AIKCF Aica Kogyo Co Ltd AIKCF
88 GF Score
Price $23.69
GF Value $21.60
! 2 Warning Signs
View Full Analysis

What is Aica Kogyo Co Debt-to-Equity?

Aica Kogyo Co AIKCF 88 Debt-to-Equity is 0.25 as of Mar. 2026, which is 213% above its 10-year median of 0.08. GuruFocus rates AIKCF with a GF Score™ of 88/100 and a GF Value™ of $21.60. The stock has 2 warning signs investors should review. Among 506 Conglomerates companies, Aica Kogyo Co ranks better than 69.57% on this metric.

Aica Kogyo Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $222 Mil. Aica Kogyo Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $78 Mil. Aica Kogyo Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $1,200 Mil. Aica Kogyo Co's debt to equity for the quarter that ended in Mar. 2026 was 0.25.

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

AIKCF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.08   Max: 0.25
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Aica Kogyo Co was 0.25. The lowest was 0.02. And the median was 0.08.

AIKCF's Debt-to-Equity is ranked better than
69.57% of 506 companies
in the Conglomerates industry
Industry Median: 0.535 vs AIKCF: 0.23

Aica Kogyo Co  (OTCPK:AIKCF) 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.


Aica Kogyo Co Debt-to-Equity Related Terms


Aica Kogyo Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Aica Kogyo 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.

Aica Kogyo Co Debt-to-Equity Chart

Aica Kogyo Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.20 0.18 0.16 0.25

Aica Kogyo Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.16 0.12 0.22 0.25 0.23

AIKCF vs MMM, HON: Debt-to-Equity Comparison

For the Conglomerates subindustry, Aica Kogyo 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.


Aica Kogyo Co Debt-to-Equity vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aica Kogyo Co's Debt-to-Equity distribution charts can be found below:

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


AIKCF
88GF Score
Aica Kogyo Co Ltd AIKCF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aica Kogyo Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aica Kogyo Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Aica Kogyo Co's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.25 mean?
Aica Kogyo Co (AIKCF) has a Debt-to-Equity of 0.25 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Aica Kogyo Co and its competitors. This is 213% above median its historical median of 0.08. Over the past decade, Aica Kogyo Co's Debt-to-Equity has ranged from 0.02 to 0.25. According to the industry distribution chart, Aica Kogyo Co ranks #154 out of 506 companies in the Conglomerates industry, placing it in the top 30.4%.
Is Aica Kogyo Co's Debt-to-Equity too high?
Aica Kogyo Co's current Debt-to-Equity of 0.25 is 213% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.25. The Conglomerates industry median Debt-to-Equity is 0.54. Aica Kogyo Co's value of 0.25 is 53.3% below this industry median. Based on the distribution chart, Aica Kogyo Co ranks #154 out of 506 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Aica Kogyo Co has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Aica Kogyo Co's Debt-to-Equity compare to MMM and HON?
According to the Conglomerates industry distribution chart, Aica Kogyo Co ranks #154 out of 506 companies for Debt-to-Equity. This puts Aica Kogyo Co in the upper half of its industry. The industry median Debt-to-Equity is 0.54. Aica Kogyo Co's value of 0.25 is 53.3% below this benchmark. Historically, Aica Kogyo Co's own Debt-to-Equity has ranged from 0.02 to 0.25 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 0.54, Aica Kogyo Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Conglomerates company?
The median Debt-to-Equity among Conglomerates companies is 0.54, based on 506 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aica Kogyo Co's current Debt-to-Equity of 0.25 is 53.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Aica Kogyo Co and its competitors. For the Conglomerates industry, the median Debt-to-Equity is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aica Kogyo Co's current Debt-to-Equity is 0.25, which is 213% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aica Kogyo Co stock overvalued right now?
Aica Kogyo Co (AIKCF) has a current Debt-to-Equity of 0.25. The stock's GF Value™ is $21.60, compared to a current price of $23.69 — trading 9.7% above its estimated fair value. The current Debt-to-Equity is 0.25, which is 213% above median its 10-year median of 0.08 and 53.3% below the Conglomerates industry median of 0.54. Aica Kogyo Co's overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Aica Kogyo Co (AIKCF), the current Debt-to-Equity is 0.25 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Aica Kogyo Co (AIKCF) Overvalued in 2026?

Based on GuruFocus' analysis, Aica Kogyo Co stock appears to be overvalued. The current stock price of $23.69 is trading 9.7% above its estimated GF Value™ of $21.60.

Key valuation signals for AIKCF:

  • Debt-to-Equity: 0.25 (213% above median its 10-year median of 0.08)
  • GF Value™: $21.60 vs. price of $23.69 (9.7% above fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 53.3% below the Conglomerates median (#154 of 506)

No single metric tells the full story. See the AIKCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aica Kogyo Co Business Description

Other Exchanges 4206:JapanR5Y:Germany
Address 1-1 1-1 Meina Station, JP Tower Nagoya, 26th Floor, Aichi, JPN
Aica Kogyo Co Ltd is a Japanese manufacturing company. It operates its business in four segments which are Chemical Products, Specialty & Performance Materials, Laminated Sheets, and Building & Housing Materials. The company mainly provides adhesives, resin, melamine doors, wall coating materials, countertops, decorative panels, polyester panels and boards. It also provides solar batteries, lamps, and silicone materials.
88GF Score

Get the complete analysis for AIKCF

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.69
Price
$21.60
GF Value