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NSK (FRA:NSK) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is NSK Debt-to-Equity?

NSK's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil. NSK's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil. NSK's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €4,053 Mil. NSK's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

FRA:NSK's Debt-to-Equity is not ranked *
in the Vehicles & Parts industry.
Industry Median: 0.47
* Ranked among companies with meaningful Debt-to-Equity only.

NSK Debt-to-Equity Historical Data

The historical data trend for NSK'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.

NSK Debt-to-Equity Chart

NSK Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
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NSK Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of NSK's Debt-to-Equity

For the Auto Parts subindustry, NSK'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.

NSK's Debt-to-Equity Distribution in the Vehicles & Parts Industry

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

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


NSK Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NSK's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
=(0 + 0) / 4052.772
=0.00

NSK's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
=(0 + 0) / 4052.772
=0.00

* 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.

NSK  (FRA:NSK) 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.

NSK Debt-to-Equity Related Terms

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

NSK (FRA:NSK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NSK Ltd (FRA:NSK) » Definitions » Debt-to-Equity
Comparable Companies
TSE:3116 TSE:6473 TSE:5105 TSE:6923 TSE:7282 TSE:7240 TSE:7988 TSE:5991 TSE:5110 TSE:6592 TSE:6902 TSE:5108 XPAR:ML MBLY GPC APTV SHSE:600660 XKRX:012330 TSX:MG XTER:CON
Traded in Other Exchanges
NPSKY:USA 6471:Japan
Address
Nissei Building, 1-6-3 Ohsaki, Shinagawa-ku, Tokyo, JPN, 141-8560
Website
http://www.jp.nsk.com
NSK Ltd is a Japan-based company which manufactures and sells automotive products, precision machinery and mechatronic products. The company has two business segments, the Industrial Machinery business and the Automotive Business. The Industrial machinery bearing business is comprised of three sub-segments the general machinery, electrical and IT equipment and Aftermarket segment. The Automotive business is engaged in production and sales of bearings for car manufacturers and automotive component manufacturers, steering columns and automatic transmission components. Its products include ball bearings, roller bearings, Plummer blocks, electric power steering and super precision bearings.

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