Hikari Holdings Co (TSE:1445) Debt-to-Equity : 13.40 (As of Feb. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Hikari Holdings Co Debt-to-Equity?

Hikari Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円540 Mil. Hikari Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円2,755 Mil. Hikari Holdings Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円246 Mil. Hikari Holdings Co's debt to equity for the quarter that ended in Feb. 2024 was 13.40.

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

TSE:1445' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.56 Med: 4.92 Max: 21.43
Current: 13.4

During the past 7 years, the highest Debt-to-Equity Ratio of Hikari Holdings Co was 21.43. The lowest was 2.56. And the median was 4.92.

TSE:1445's Debt-to-Equity is not ranked
in the Conglomerates industry.
Industry Median: 0.56 vs TSE:1445: 13.40

Hikari Holdings Co Debt-to-Equity Historical Data

The historical data trend for Hikari 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.

Hikari Holdings Co Debt-to-Equity Chart

Hikari Holdings Co Annual Data

Trend

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Debt-to-Equity

Get a 7-Day Free Trial

3.78

5.07

4.03

4.02

6.58

Hikari Holdings Co Semi-Annual Data
	Aug16	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial										5.60	6.58	6.32	21.43	13.40

Competitive Comparison of Hikari Holdings Co's Debt-to-Equity

For the Conglomerates subindustry, Hikari 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.

Hikari Holdings Co's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hikari Holdings Co's Debt-to-Equity distribution charts can be found below:

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

Hikari Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hikari Holdings Co's Debt to Equity Ratio for the fiscal year that ended in Aug. 2022 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
	=	(337.702	+	1256.321)	/	242.133
	=	6.58

Hikari Holdings Co's Debt to Equity Ratio for the quarter that ended in Feb. 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
	=	(539.895	+	2754.791)	/	245.856
	=	13.40

Hikari Holdings Co (TSE:1445) 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.

Hikari Holdings Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Hikari Holdings Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Hikari Holdings Co (TSE:1445) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hikari Holdings Co Ltd (TSE:1445) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Map 67, Ohata-cho, Gifu Prefecture, Tajimi-shi, JPN, 507-0818

Website

https://www.h-holdings.jp

Hikari Holdings Co Ltd provides cutting ceramic hard tiles and communication services.

Hikari Holdings Co (TSE:1445) Headlines

No Headlines