NPPHY (Nippon Paint Holdings Co) Debt-to-Equity : 0.48 (As of Jun. 2024)

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What is Nippon Paint Holdings Co Debt-to-Equity?

Nippon Paint Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $782 Mil. Nippon Paint Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $4,116 Mil. Nippon Paint Holdings Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $10,143 Mil. Nippon Paint Holdings Co's debt to equity for the quarter that ended in Jun. 2024 was 0.48.

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

NPPHY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.48 Max: 0.94
Current: 0.48

During the past 13 years, the highest Debt-to-Equity Ratio of Nippon Paint Holdings Co was 0.94. The lowest was 0.03. And the median was 0.48.

NPPHY's Debt-to-Equity is ranked worse than
58.94% of 1398 companies
in the Chemicals industry
Industry Median: 0.36 vs NPPHY: 0.48

Nippon Paint Holdings Co Debt-to-Equity Historical Data

The historical data trend for Nippon Paint Holdings 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.

* Premium members only.

Nippon Paint Holdings Co Debt-to-Equity Chart

Nippon Paint Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.80

0.94

0.55

0.63

0.55

Nippon Paint Holdings Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.52	0.55	0.54	0.48	N/A

Competitive Comparison of Nippon Paint Holdings Co's Debt-to-Equity

For the Specialty Chemicals subindustry, Nippon Paint Holdings 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.

Nippon Paint Holdings Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nippon Paint Holdings Co's Debt-to-Equity distribution charts can be found below:

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

Nippon Paint Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nippon Paint Holdings Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(388.904	+	4749.02)	/	9433.92
	=	0.54

Nippon Paint Holdings Co's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(782.206	+	4115.552)	/	10142.671
	=	0.48

Nippon Paint Holdings Co (OTCPK:NPPHY) 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.

Nippon Paint Holdings Co Debt-to-Equity Related Terms

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Nippon Paint Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nippon Paint Holdings Co Ltd (OTCPK:NPPHY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

4612:Japan NI7:Germany

Address

2-1-2 Oyodo Kita, Kita-ku, Osaka, JPN, 531-8511

Website

http://www.nipponpaint-holdings.com

Nippon Paint Holdings Co Ltd is a holding company, which, through its subsidiaries, manufactures and sells a variety of paint and coating products. The firm organizes itself into four operating companies based on end market. The automotive paints division sells paint and temperature-control coatings that are used to cover the body of an automobile. The industrial-use paints division sells paints and coatings for trains and ships. The trade-use paints division sells paints and coatings that are used on buildings, bridges, and roads. The surface treatments division sells anti-corrosive and anti-rust coatings for metal products and electronics. The company organizes itself into three segments based on geography: Japan, Asia, and Americas. The majority of revenue comes from Japan.