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Naigai Tec (TSE:3374) Debt-to-Equity : 0.34 (As of Sep. 2024)


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What is Naigai Tec Debt-to-Equity?

Naigai Tec's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円1,058 Mil. Naigai Tec's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円2,770 Mil. Naigai Tec's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円11,191 Mil. Naigai Tec's debt to equity for the quarter that ended in Sep. 2024 was 0.34.

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

TSE:3374' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29   Med: 0.48   Max: 2.65
Current: 0.34

During the past 13 years, the highest Debt-to-Equity Ratio of Naigai Tec was 2.65. The lowest was 0.29. And the median was 0.48.

TSE:3374's Debt-to-Equity is ranked worse than
54.61% of 2615 companies
in the Industrial Products industry
Industry Median: 0.29 vs TSE:3374: 0.34

Naigai Tec Debt-to-Equity Historical Data

The historical data trend for Naigai Tec'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.

Naigai Tec Debt-to-Equity Chart

Naigai Tec 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 0.49 0.45 0.29 0.48 0.40

Naigai Tec 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 0.49 0.46 0.43 0.40 0.34

Competitive Comparison of Naigai Tec's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Naigai Tec'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.


Naigai Tec's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Naigai Tec's Debt-to-Equity distribution charts can be found below:

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



Naigai Tec Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Naigai Tec'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.


Naigai Tec  (TSE:3374) 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.


Naigai Tec Debt-to-Equity Related Terms

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Naigai Tec Business Description

Traded in Other Exchanges
N/A
Address
11-22, Sangenjaya 2-chome, Setagaya-ku, Tokyo, JPN, 154-0024
Naigai Tec Corp is engaged in electronics parts design, manufacture, logistics, and after-sale service. It sales, purchase, import and export of pneumatic devices, pneumatic application devices, working machines, electric devices, electronic devices, and other tools. It provides its services to Japan, China, and South Korea.

Naigai Tec Headlines

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