GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Showa Paxxs Corp (TSE:3954) » Definitions » Debt-to-Equity

Showa Paxxs (TSE:3954) Debt-to-Equity : 0.05 (As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Showa Paxxs Debt-to-Equity?

Showa Paxxs's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円1,211 Mil. Showa Paxxs's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円42 Mil. Showa Paxxs's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円23,046 Mil. Showa Paxxs's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

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

TSE:3954' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.09   Max: 0.28
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Showa Paxxs was 0.28. The lowest was 0.05. And the median was 0.09.

TSE:3954's Debt-to-Equity is ranked better than
89.86% of 355 companies
in the Packaging & Containers industry
Industry Median: 0.44 vs TSE:3954: 0.05

Showa Paxxs Debt-to-Equity Historical Data

The historical data trend for Showa Paxxs'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.

Showa Paxxs Debt-to-Equity Chart

Showa Paxxs 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 0.07 0.06 0.06 0.06 0.05

Showa Paxxs Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.06 0.06 0.06 0.05 N/A

Competitive Comparison of Showa Paxxs's Debt-to-Equity

For the Packaging & Containers subindustry, Showa Paxxs'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.

Showa Paxxs's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Showa Paxxs's Debt-to-Equity distribution charts can be found below:

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


Showa Paxxs Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Showa Paxxs's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
=(1211.488 + 42.169) / 23045.705
=0.05

Showa Paxxs's Debt to Equity Ratio for the quarter that ended in Mar. 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
=(1211.488 + 42.169) / 23045.705
=0.05

* 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.

Showa Paxxs  (TSE:3954) 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.

Showa Paxxs Debt-to-Equity Related Terms

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

Showa Paxxs Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Showa Paxxs Corp (TSE:3954) » Definitions » Debt-to-Equity
Comparable Companies
TSE:4248 TSE:4690 FSE:7894 TSE:5204 TSE:3944 TSE:7923 TSE:7899 TSE:5905 TSE:7131 TSE:3953 BALL AVY PKG AMCR IP CCK WRK SZSE:002812 DUB:SK3 XSWX:SIGN
Traded in Other Exchanges
N/A
Address
2-12 Ichigayahonmura-cho, Shinjuku-ku, Tokyo, JPN, 162-0845
Website
http://www.showa-paxxs.co.jp
Showa Paxxs Corporation is an industrial packaging container manufacturer. It is engaged in manufacturing and selling packaging materials and containers. The products offered by the company include heavy wrapping paper bags, containers, film, and packaging machine equipment systems.

Showa Paxxs Headlines

No Headlines