Chuetsu Pulp & Paper Co (TSE:3877) Debt-to-Equity : 0.76 (As of Dec. 2023)

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What is Chuetsu Pulp & Paper Co Debt-to-Equity?

Chuetsu Pulp & Paper Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円26,430 Mil. Chuetsu Pulp & Paper Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円15,027 Mil. Chuetsu Pulp & Paper Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円54,607 Mil. Chuetsu Pulp & Paper Co's debt to equity for the quarter that ended in Dec. 2023 was 0.76.

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 Chuetsu Pulp & Paper Co's Debt-to-Equity or its related term are showing as below:

TSE:3877' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.76 Med: 0.99 Max: 1.13
Current: 0.76

During the past 13 years, the highest Debt-to-Equity Ratio of Chuetsu Pulp & Paper Co was 1.13. The lowest was 0.76. And the median was 0.99.

TSE:3877's Debt-to-Equity is ranked worse than
65.66% of 265 companies
in the Forest Products industry
Industry Median: 0.49 vs TSE:3877: 0.76

Chuetsu Pulp & Paper Co Debt-to-Equity Historical Data

The historical data trend for Chuetsu Pulp & Paper 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.

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Chuetsu Pulp & Paper Co Debt-to-Equity Chart

Chuetsu Pulp & Paper Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

1.00

0.97

1.13

0.99

0.85

Chuetsu Pulp & Paper Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.89	0.85	0.82	0.79	0.76

Competitive Comparison of Chuetsu Pulp & Paper Co's Debt-to-Equity

For the Paper & Paper Products subindustry, Chuetsu Pulp & Paper 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.

Chuetsu Pulp & Paper Co's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Chuetsu Pulp & Paper Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Chuetsu Pulp & Paper Co's Debt-to-Equity falls into.

Chuetsu Pulp & Paper Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chuetsu Pulp & Paper Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(26204	+	17809)	/	51613
	=	0.85

Chuetsu Pulp & Paper Co's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(26430	+	15027)	/	54607
	=	0.76

Chuetsu Pulp & Paper Co (TSE:3877) 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.

Chuetsu Pulp & Paper Co Debt-to-Equity Related Terms

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Chuetsu Pulp & Paper Co (TSE:3877) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Chuetsu Pulp & Paper Co Ltd (TSE:3877) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-10-6 Ginza, Chuo-ku, Tokyo, JPN, 1048124

Website

http://www.chuetsu-pulp.co.jp

Chuetsu Pulp & Paper Co Ltd is engaged in the manufacturing and sale of paper and pulp products. It offers varied products in following categories; paper and pulp manufacturing unit produces newsprint, printing paper, packaging paper, and special paper, paperboard, and pulp products. The Paper-processed Products include paper bags, paper tubes, cardboard boxes, and notebooks. The Power unit deals with the sale of electricity. It is also involved in the forestry, lumbering, and wood processing activities; manufacture, buying, and sale of chemicals; management, leasing, buying, and sale of real estate properties.

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