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The Zenitaka (TSE:1811) Debt-to-Equity : 0.36 (As of Sep. 2024)


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What is The Zenitaka Debt-to-Equity?

The Zenitaka's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円18,650 Mil. The Zenitaka's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円14,750 Mil. The Zenitaka's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円92,017 Mil. The Zenitaka's debt to equity for the quarter that ended in Sep. 2024 was 0.36.

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 The Zenitaka's Debt-to-Equity or its related term are showing as below:

TSE:1811' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15   Med: 0.2   Max: 0.82
Current: 0.36

During the past 13 years, the highest Debt-to-Equity Ratio of The Zenitaka was 0.82. The lowest was 0.15. And the median was 0.20.

TSE:1811's Debt-to-Equity is ranked better than
54.5% of 1565 companies
in the Construction industry
Industry Median: 0.44 vs TSE:1811: 0.36

The Zenitaka Debt-to-Equity Historical Data

The historical data trend for The Zenitaka'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.

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The Zenitaka Debt-to-Equity Chart

The Zenitaka Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.18 0.19 0.17 0.36

The Zenitaka Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 0.16 0.15 0.38 0.36 0.36

Competitive Comparison of The Zenitaka's Debt-to-Equity

For the Engineering & Construction subindustry, The Zenitaka'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.


The Zenitaka's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, The Zenitaka's Debt-to-Equity distribution charts can be found below:

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



The Zenitaka Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Zenitaka's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

The Zenitaka's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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.


The Zenitaka  (TSE:1811) 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.


The Zenitaka Debt-to-Equity Related Terms

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


The Zenitaka Business Description

Traded in Other Exchanges
N/A
Address
Naniwa Suji Twins West, 2-2-11 Nishi-Honmachi, Nishi-ku, Osaka, JPN
The Zenitaka Corp operates in the real estate industry. The company is in the business of contracting, planning, designing and supervision of construction work. It also processes and sells construction materials.

The Zenitaka Headlines

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