Kawasaki (TSE:3045) Debt-to-Equity: 0.15 (As of Feb. 2026) — 44% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3045 Kawasaki & Co Ltd TSE:3045
75 GF Score
Price 円1,500.00
GF Value 円1,628.85
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Kawasaki Debt-to-Equity?

Kawasaki TSE:3045 +1.28% 75 Debt-to-Equity is 0.15 as of Feb. 2026, which is 44% below its 10-year median of 0.27. GuruFocus rates TSE:3045 with a GF Score™ of 75/100 and a GF Value™ of 円1,628.85 (Fairly Valued). The stock has 3 warning signs investors should review. Among 929 Manufacturing - Apparel & Accessories companies, Kawasaki ranks better than 75.78% on this metric.

Kawasaki's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was 円272 Mil. Kawasaki's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was 円617 Mil. Kawasaki's Total Stockholders Equity for the quarter that ended in Feb. 2026 was 円5,884 Mil. Kawasaki's debt to equity for the quarter that ended in Feb. 2026 was 0.15.

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

TSE:3045' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.27   Max: 0.57
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of Kawasaki was 0.57. The lowest was 0.04. And the median was 0.27.

TSE:3045's Debt-to-Equity is ranked better than
75.78% of 929 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.42 vs TSE:3045: 0.14

Kawasaki  (TSE:3045) 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.


Kawasaki Debt-to-Equity Related Terms


Kawasaki Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Kawasaki'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.

Kawasaki Debt-to-Equity Chart

Kawasaki Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.12 0.22 0.23 0.18

Kawasaki Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.19 0.18 0.17 0.15 0.14

TSE:3045 vs RL, LEVI, VFC: Debt-to-Equity Comparison

For the Apparel Manufacturing subindustry, Kawasaki'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.


Kawasaki Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry

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

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


TSE:3045
75GF Score
Kawasaki & Co Ltd TSE:3045
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kawasaki Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kawasaki's Debt to Equity Ratio for the fiscal year that ended in Aug. 2025 is calculated as

Kawasaki's Debt to Equity Ratio for the quarter that ended in Feb. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.15 mean?
Kawasaki (TSE:3045) has a Debt-to-Equity of 0.15 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Kawasaki and its competitors. This is 44% below median its historical median of 0.27. Over the past decade, Kawasaki's Debt-to-Equity has ranged from 0.04 to 0.57. According to the industry distribution chart, Kawasaki ranks #225 out of 929 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 24.2%.
Is Kawasaki's Debt-to-Equity too high?
Kawasaki's current Debt-to-Equity of 0.15 is 44% below median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.57. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.42. Kawasaki's value of 0.15 is 64.3% below this industry median. Based on the distribution chart, Kawasaki ranks #225 out of 929 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Kawasaki has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kawasaki's Debt-to-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kawasaki ranks #225 out of 929 companies for Debt-to-Equity. This places Kawasaki in the top 24% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.42. Kawasaki's value of 0.15 is 64.3% below this benchmark. Historically, Kawasaki's own Debt-to-Equity has ranged from 0.04 to 0.57 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.42, Kawasaki has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.42, based on 929 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kawasaki's current Debt-to-Equity of 0.15 is 64.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Kawasaki and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kawasaki's current Debt-to-Equity is 0.15, which is 44% below median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kawasaki stock overvalued right now?
Based on GuruFocus' analysis, Kawasaki (TSE:3045) is currently considered Fairly Valued. The stock's GF Value™ is 円1,628.85, compared to a current price of 円1,500.00 — trading 7.9% below its estimated fair value. The current Debt-to-Equity is 0.15, which is 44% below median its 10-year median of 0.27 and 64.3% below the Manufacturing - Apparel & Accessories industry median of 0.42. Kawasaki's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Kawasaki (TSE:3045), the current Debt-to-Equity is 0.15 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kawasaki (TSE:3045) Overvalued in 2026?

Based on GuruFocus' analysis, Kawasaki stock appears to be undervalued. The current stock price of 円1,500.00 is trading 7.9% below its estimated GF Value™ of 円1,628.85. GuruFocus considers Kawasaki to be Fairly Valued.

Key valuation signals for TSE:3045:

  • Debt-to-Equity: 0.15 (44% below median its 10-year median of 0.27)
  • GF Value™: 円1,628.85 vs. price of 円1,500.00 (7.9% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 64.3% below the Manufacturing - Apparel & Accessories median (#225 of 929)

No single metric tells the full story. See the TSE:3045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kawasaki Business Description

Address Senboku-gun Chutoseoka cho Shinhahama 2 - chome 9 - 10, Osaka Prefecture, Tadaoka, JPN
Kawasaki & Co Ltd is engaged in the manufacturing and selling of clothing products. Its products include towels, handkerchiefs, bags, pouches, fashion accessories, and interior items, such as toiletries and bath products. It also has warehouse business, photovoltaic power generation business and Other business.
75GF Score

Get the complete analysis for TSE:3045

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,500.00
Price
円1,628.85
GF Value