Kawasaki (TSE:3045) Debt-to-Equity : 0.31 (As of Feb. 2024)

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What is Kawasaki Debt-to-Equity?

Kawasaki's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円271 Mil. Kawasaki's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円1,395 Mil. Kawasaki's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円5,448 Mil. Kawasaki's debt to equity for the quarter that ended in Feb. 2024 was 0.31.

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: 0.36 Max: 0.57
Current: 0.31

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 0.36.

TSE:3045's Debt-to-Equity is ranked better than
59.7% of 933 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs TSE:3045: 0.31

Kawasaki Debt-to-Equity Historical Data

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.

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Kawasaki Debt-to-Equity Chart

Kawasaki Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

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0.37

0.28

0.08

0.12

0.22

Kawasaki Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.16	0.26	0.22	0.27	0.31

Competitive Comparison of Kawasaki's Debt-to-Equity

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's Debt-to-Equity Distribution in the 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.

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. 2023 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
	=	(210.96	+	970.12)	/	5355.825
	=	0.22

Kawasaki'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
	=	(270.96	+	1394.56)	/	5447.898
	=	0.31

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

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Kawasaki (TSE:3045) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kawasaki & Co Ltd (TSE:3045) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Senboku-gun Chutoseoka cho Shinhahama 2 - chome 9 - 10, Osaka Prefecture, Tadaoka, JPN

Website

http://www.kawasaki-corp.co.jp

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.

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