TKINF (Takasago International) Debt-to-Equity : 0.33 (As of Sep. 2024)

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What is Takasago International Debt-to-Equity?

Takasago International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $216 Mil. Takasago International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $105 Mil. Takasago International's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $984 Mil. Takasago International's debt to equity for the quarter that ended in Sep. 2024 was 0.33.

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 Takasago International's Debt-to-Equity or its related term are showing as below:

TKINF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33 Med: 0.53 Max: 0.72
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Takasago International was 0.72. The lowest was 0.33. And the median was 0.53.

TKINF's Debt-to-Equity is ranked better than
57.06% of 1388 companies
in the Chemicals industry
Industry Median: 0.37 vs TKINF: 0.29

Takasago International Debt-to-Equity Historical Data

The historical data trend for Takasago International'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.

Takasago International Debt-to-Equity Chart

Takasago International Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.54

0.44

0.40

0.37

0.36

Takasago International 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															0.38	0.36	N/A	0.33	0.29

Competitive Comparison of Takasago International's Debt-to-Equity

For the Specialty Chemicals subindustry, Takasago International'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.

Takasago International's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Takasago International's Debt-to-Equity distribution charts can be found below:

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

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Takasago International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Takasago International'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
	=	(222.99	+	88.954)	/	861.388
	=	0.36

Takasago International's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(216.014	+	104.936)	/	984.009
	=	0.33

Takasago International (OTCPK:TKINF) 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.

Takasago International Debt-to-Equity Related Terms

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Takasago International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Takasago International Corp (OTCPK:TKINF) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

4914:Japan

Address

Nissay Aroma Square 17F, 5-37-1, Kamata, Ohta-ku, Tokyo, JPN, 144-8721

Website

http://www.takasago.com

Takasago International Corp is a Japan-based company engaged in the manufacture and sale of flavors, fragrances, aroma chemicals and fine chemicals. The Flavor products include flavors used in frozen desserts, such as beverages and ice creams, gums, confectioneries, processed foods and other processed food materials products. The Fragrance products include fragrances used in detergents, cosmetics and perfuming agents. The Aroma chemicals include menthol, synthetic perfumes such as musk, among others. The Fine chemicals include pharmaceutical intermediates, catalysts, photographic industry drugs and organic electronic materials. The majority of its revenue is generated from Flavors. The company operates its business mainly in Japan and rest from Asia, America, and Europe.

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