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Kintetsu Department Store Co (Kintetsu Department Store Co) Debt-to-Equity : 0.16 (As of Feb. 2024)


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What is Kintetsu Department Store Co Debt-to-Equity?

Kintetsu Department Store Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $34.4 Mil. Kintetsu Department Store Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $6.0 Mil. Kintetsu Department Store Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $249.4 Mil. Kintetsu Department Store Co's debt to equity for the quarter that ended in Feb. 2024 was 0.16.

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 Kintetsu Department Store Co's Debt-to-Equity or its related term are showing as below:

KNTTF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16   Med: 0.51   Max: 1.22
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Kintetsu Department Store Co was 1.22. The lowest was 0.16. And the median was 0.51.

KNTTF's Debt-to-Equity is ranked better than
80.04% of 1007 companies
in the Retail - Cyclical industry
Industry Median: 0.61 vs KNTTF: 0.16

Kintetsu Department Store Co Debt-to-Equity Historical Data

The historical data trend for Kintetsu Department Store 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.

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Kintetsu Department Store Co Debt-to-Equity Chart

Kintetsu Department Store Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.51 0.51 0.36 0.16

Kintetsu Department Store Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.36 0.32 0.27 0.23 0.16

Competitive Comparison of Kintetsu Department Store Co's Debt-to-Equity

For the Department Stores subindustry, Kintetsu Department Store 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.


Kintetsu Department Store Co's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kintetsu Department Store Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kintetsu Department Store Co's Debt-to-Equity falls into.



Kintetsu Department Store Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kintetsu Department Store Co's Debt to Equity Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Kintetsu Department Store Co's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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.


Kintetsu Department Store Co  (OTCPK:KNTTF) 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.


Kintetsu Department Store Co Debt-to-Equity Related Terms

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Kintetsu Department Store Co (Kintetsu Department Store Co) Business Description

Traded in Other Exchanges
Address
1-1-43 Abenosuji, Osaka, JPN
Kintetsu Department Store CO., Ltd. is principally engaged in operating department store business in the Kansai region of Japan. The company offers a broad range of merchandise, including apparel, cosmetics, medicine, jewelry, accessories, travel goods, household electric appliances, and other. Kintetsu Department Store provides complementary functions, including restaurants, coffee shops, and other services, like hotel delivery service, home delivery service, luggage storage, sightseeing information services, and other.

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