Nippon Soda Co (TSE:4041) Debt-to-Equity : 0.26 (As of Dec. 2023)

View and export this data going back to 1949. Start your Free Trial

What is Nippon Soda Co Debt-to-Equity?

Nippon Soda Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円21,495 Mil. Nippon Soda Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円24,325 Mil. Nippon Soda Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円179,579 Mil. Nippon Soda Co's debt to equity for the quarter that ended in Dec. 2023 was 0.26.

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 Nippon Soda Co's Debt-to-Equity or its related term are showing as below:

TSE:4041' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.25 Max: 0.41
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of Nippon Soda Co was 0.41. The lowest was 0.18. And the median was 0.25.

TSE:4041's Debt-to-Equity is ranked better than
58.55% of 1392 companies
in the Chemicals industry
Industry Median: 0.35 vs TSE:4041: 0.26

Nippon Soda Co Debt-to-Equity Historical Data

The historical data trend for Nippon Soda 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.

* Premium members only.

Nippon Soda Co Debt-to-Equity Chart

Nippon Soda Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.20

0.26

0.25

0.19

0.26

Nippon Soda Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.19	0.25	0.21	0.26	0.26

Competitive Comparison of Nippon Soda Co's Debt-to-Equity

For the Chemicals subindustry, Nippon Soda 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.

Nippon Soda Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nippon Soda Co's Debt-to-Equity distribution charts can be found below:

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

Nippon Soda Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nippon Soda Co'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
	=	(23795	+	25118)	/	188047
	=	0.26

Nippon Soda 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
	=	(21495	+	24325)	/	179579
	=	0.26

Nippon Soda Co (TSE:4041) 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.

Nippon Soda Co Debt-to-Equity Related Terms

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

Nippon Soda Co (TSE:4041) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nippon Soda Co Ltd (TSE:4041) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-2-1, Ohtemachi, Chiyoda-ku, Tokyo, JPN, 100-8165

Website

https://www.nippon-soda.co.jp

Nippon Soda manufactures and sells chemical products and operates in three major and three minor segments. The chemicals segment sells caustic soda, sodium derivatives, and specialty chemicals, which are used to make household cleaning products and pharmaceuticals. The agrochemicals segment sells pesticides, fungicides, and herbicides to the agricultural industry. The trading segment offers chemicals, synthetic resins, and industrial machineries and devices. The company generates additional revenue from its minor segments: transportation, warehousing, and construction services. These segments are engaged in the transportation and warehousing of chemical products, as well as in plant construction and civil engineering services.

Nippon Soda Co (TSE:4041) Headlines

No Headlines