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Nitto Boseki CoNBCLF 64 Debt-to-Equity is 0.30 as of Dec. 2025, which is 29% below its 10-year median of 0.42. GuruFocus rates NBCLF with a GF Score™ of 64/100 and a GF Value™ of $9.77 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 935 Manufacturing - Apparel & Accessories companies, Nitto Boseki Co ranks better than 60.21% on this metric.
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 Nitto Boseki Co's Debt-to-Equity or its related term are showing as below:
NBCLF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.42 Max: 0.45
Current: 0.29
During the past 13 years, the highest Debt-to-Equity Ratio of Nitto Boseki Co was 0.45. The lowest was 0.23. And the median was 0.42.
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.
Nitto Boseki Co Debt-to-Equity Related Terms
Nitto Boseki Co Debt-to-Equity Historical Data
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The historical data trend for Nitto Boseki 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.
Nitto Boseki Co Debt-to-Equity Competitor Comparison
For the Textile Manufacturing subindustry, Nitto Boseki 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.
Nitto Boseki Co Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitto Boseki Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Nitto Boseki Co's Debt-to-Equity falls into.
* 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.
Nitto Boseki Co (NBCLF) has a Debt-to-Equity of 0.30 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nitto Boseki Co and its competitors. This is 29% below median its historical median of 0.42. Over the past decade, Nitto Boseki Co's Debt-to-Equity has ranged from 0.23 to 0.45. According to the industry distribution chart, Nitto Boseki Co ranks #372 out of 935 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 39.8%.
Is Nitto Boseki Co's Debt-to-Equity too high?
Nitto Boseki Co's current Debt-to-Equity of 0.30 is 29% below median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.45. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.43. Nitto Boseki Co's value of 0.30 is 30.2% below this industry median. Based on the distribution chart, Nitto Boseki Co ranks #372 out of 935 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Nitto Boseki Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitto Boseki Co's Debt-to-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nitto Boseki Co ranks #372 out of 935 companies for Debt-to-Equity. This puts Nitto Boseki Co in the upper half of its industry. The industry median Debt-to-Equity is 0.43. Nitto Boseki Co's value of 0.30 is 30.2% below this benchmark. Historically, Nitto Boseki Co's own Debt-to-Equity has ranged from 0.23 to 0.45 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.43, Nitto Boseki 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.43, based on 935 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. Nitto Boseki Co's current Debt-to-Equity of 0.30 is 30.2% 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 Nitto Boseki Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitto Boseki Co's current Debt-to-Equity is 0.30, which is 29% below median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Boseki Co stock overvalued right now?
Based on GuruFocus' analysis, Nitto Boseki Co (NBCLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.77, compared to a current price of $16.85 — trading 72.5% above its estimated fair value. The current Debt-to-Equity is 0.30, which is 29% below median its 10-year median of 0.42 and 30.2% below the Manufacturing - Apparel & Accessories industry median of 0.43. Nitto Boseki Co's overall GF Score™ is 64/100 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 Nitto Boseki Co (NBCLF), the current Debt-to-Equity is 0.30 as of Dec. 2025. 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 Nitto Boseki Co (NBCLF) Overvalued in 2026?
Based on GuruFocus' analysis, Nitto Boseki Co stock appears to be overvalued.
The current stock price of $16.85 is trading 72.5% above its estimated GF Value™ of $9.77.
GuruFocus considers Nitto Boseki Co to be Significantly Overvalued.
Key valuation signals for NBCLF:
Debt-to-Equity: 0.30 (29% below median its 10-year median of 0.42)
GF Value™: $9.77 vs. price of $16.85 (72.5% above fair value)
Industry Position: 30.2% below the Manufacturing - Apparel & Accessories median (#372 of 935)
No single metric tells the full story. See the NBCLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitto Boseki Co Ltd is engaged in the textile business. It operates in six segments: Textiles Business engages in the manufacture and sales of textiles products (core-spun yarn, stretch products, interlining and other finished products, etc.); Glass Fiber Yam Business engages in the manufacture and sales of glass raw fiber products (yarn, roving, chopped strands, etc.); Glass Fiber Cloth Business engages in the manufacture and sales of glass fiber functional products (glass cloth, etc.); Glass Fiber for Industrial Materials Business engages in the manufacture and sales of glass fiber products for use in industrial materials and the manufacture and sales of glass wool products (for use in thermal insulation materials); Life Science Business; and Other segment.
64GF Score
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