SERNF (Seiren Co) Debt-to-Equity : 0.08 (As of Dec. 2024)

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What is Seiren Co Debt-to-Equity?

Seiren Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $33 Mil. Seiren Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $37 Mil. Seiren Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $890 Mil. Seiren Co's debt to equity for the quarter that ended in Dec. 2024 was 0.08.

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

SERNF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.23 Max: 0.48
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of Seiren Co was 0.48. The lowest was 0.08. And the median was 0.23.

SERNF's Debt-to-Equity is ranked better than
84.67% of 926 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.41 vs SERNF: 0.08

Seiren Co Debt-to-Equity Historical Data

The historical data trend for Seiren 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.

Seiren Co Debt-to-Equity Chart

Seiren Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.21

0.43

0.33

0.25

0.15

Seiren Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.21	0.15	N/A	0.08	0.08

Competitive Comparison of Seiren Co's Debt-to-Equity

For the Textile Manufacturing subindustry, Seiren 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.

Seiren Co's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Seiren Co's Debt-to-Equity distribution charts can be found below:

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

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Seiren Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Seiren Co'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
	=	(13.757	+	112.396)	/	828.622
	=	0.15

Seiren Co's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(33.267	+	37.077)	/	890.437
	=	0.08

Seiren Co (OTCPK:SERNF) 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.

Seiren Co Debt-to-Equity Related Terms

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Seiren Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Seiren Co Ltd (OTCPK:SERNF) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

3569:Japan

Address

1-10-1 Keya, Fukui-ku, Fukui, JPN, 918-8003

Website

http://www.seiren.com

Seiren Co Ltd is a Japan-based fiber manufacturing company. It is a dyeing processor of filament fibers. The company also produces silk, synthetic fibers and textile products used in household interior and apparel. It manufactures industrial materials including automobile interiors such as seats and air bags. The company's segment includes Automotive Interior, High Fashion, Electronics, Environment and Life Materials, Medical and Other. The company generates the majority of its revenue from the Automotive Interior segment.

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