NJMLF (Nojima Co) Debt-to-Equity: 0.33 (As of Mar. 2026) — 30% Below Median

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NJMLF Nojima Co Ltd NJMLF
70 GF Score
Price $3.36
GF Value $2.27
! 2 Warning Signs
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What is Nojima Co Debt-to-Equity?

Nojima Co NJMLF 70 Debt-to-Equity is 0.33 as of Mar. 2026, which is 30% below its 10-year median of 0.47. GuruFocus rates NJMLF with a GF Score™ of 70/100 and a GF Value™ of $2.27. The stock has 2 warning signs investors should review. Among 1,019 Retail - Cyclical companies, Nojima Co ranks better than 66.34% on this metric.

Nojima Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $160 Mil. Nojima Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $342 Mil. Nojima Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $1,547 Mil. Nojima Co's debt to equity for the quarter that ended in Mar. 2026 was 0.32.

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

NJMLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26   Med: 0.47   Max: 1.57
Current: 0.33

During the past 13 years, the highest Debt-to-Equity Ratio of Nojima Co was 1.57. The lowest was 0.26. And the median was 0.47.

NJMLF's Debt-to-Equity is ranked better than
66.34% of 1019 companies
in the Retail - Cyclical industry
Industry Median: 0.56 vs NJMLF: 0.33

Nojima Co  (OTCPK:NJMLF) 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.


Nojima Co Debt-to-Equity Related Terms


Nojima Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Nojima 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.

Nojima Co Debt-to-Equity Chart

Nojima 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 0.30 0.52 0.26 0.43 0.33

Nojima Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.43 0.46 0.41 0.37 0.33

NJMLF vs CASY, WSM, DKS: Debt-to-Equity Comparison

For the Specialty Retail subindustry, Nojima 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.


Nojima Co Debt-to-Equity vs Retail - Cyclical Industry

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

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


NJMLF
70GF Score
Nojima Co Ltd NJMLF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Nojima Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Nojima 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 0.33 mean?
Nojima Co (NJMLF) has a Debt-to-Equity of 0.33 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nojima Co and its competitors. This is 30% below median its historical median of 0.47. Over the past decade, Nojima Co's Debt-to-Equity has ranged from 0.26 to 1.57. According to the industry distribution chart, Nojima Co ranks #343 out of 1019 companies in the Retail - Cyclical industry, placing it in the top 33.7%.
Is Nojima Co's Debt-to-Equity too high?
Nojima Co's current Debt-to-Equity of 0.33 is 30% below median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 1.57. The Retail - Cyclical industry median Debt-to-Equity is 0.56. Nojima Co's value of 0.33 is 41.1% below this industry median. Based on the distribution chart, Nojima Co ranks #343 out of 1019 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Nojima Co has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Nojima Co's Debt-to-Equity compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Nojima Co ranks #343 out of 1019 companies for Debt-to-Equity. This puts Nojima Co in the upper half of its industry. The industry median Debt-to-Equity is 0.56. Nojima Co's value of 0.33 is 41.1% below this benchmark. Historically, Nojima Co's own Debt-to-Equity has ranged from 0.26 to 1.57 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.56, Nojima 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 Retail - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.56, based on 1,019 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. Nojima Co's current Debt-to-Equity of 0.33 is 41.1% 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 Nojima Co and its competitors. For the Retail - Cyclical industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nojima Co's current Debt-to-Equity is 0.33, which is 30% below median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nojima Co stock overvalued right now?
Nojima Co (NJMLF) has a current Debt-to-Equity of 0.33. The stock's GF Value™ is $2.27, compared to a current price of $3.36 — trading 48.1% above its estimated fair value. The current Debt-to-Equity is 0.33, which is 30% below median its 10-year median of 0.47 and 41.1% below the Retail - Cyclical industry median of 0.56. Nojima Co's overall GF Score™ is 70/100 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 Nojima Co (NJMLF), the current Debt-to-Equity is 0.33 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 Nojima Co (NJMLF) Overvalued in 2026?

Based on GuruFocus' analysis, Nojima Co stock appears to be overvalued. The current stock price of $3.36 is trading 48.1% above its estimated GF Value™ of $2.27.

Key valuation signals for NJMLF:

  • Debt-to-Equity: 0.33 (30% below median its 10-year median of 0.47)
  • GF Value™: $2.27 vs. price of $3.36 (48.1% above fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 41.1% below the Retail - Cyclical median (#343 of 1019)

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


Nojima Co Business Description

Other Exchanges 7419:Japan
Address 2-3-3 Minatomirai, 26th Floor Queens Tower B, Nishi-ku, Kanagawa, Yokohama, JPN, 045-228-3546
Nojima Co Ltd is a Japanese company which is engaged in manufacturing and sale of digital audio and visual (AV)-related equipment, information technology (IT)-related equipment and electric appliances. It products are televisions, audio equipment, portable music players, blue recorders, personal computers, software, printers, digital cameras and other peripheral products.
70GF Score

Get the complete analysis for NJMLF

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

$3.36
Price
$2.27
GF Value