GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Daiichi Kigenso Kagaku-Kogyo Co Ltd (TSE:4082) » Definitions » Debt-to-Equity

Daiichi Kigenso Kagaku-Kogyo Co (TSE:4082) Debt-to-Equity : 0.68 (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Daiichi Kigenso Kagaku-Kogyo Co Debt-to-Equity?

Daiichi Kigenso Kagaku-Kogyo Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円6,054 Mil. Daiichi Kigenso Kagaku-Kogyo Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円18,130 Mil. Daiichi Kigenso Kagaku-Kogyo Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円35,724 Mil. Daiichi Kigenso Kagaku-Kogyo Co's debt to equity for the quarter that ended in Mar. 2024 was 0.68.

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 Daiichi Kigenso Kagaku-Kogyo Co's Debt-to-Equity or its related term are showing as below:

TSE:4082' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2   Med: 0.54   Max: 0.71
Current: 0.68

During the past 13 years, the highest Debt-to-Equity Ratio of Daiichi Kigenso Kagaku-Kogyo Co was 0.71. The lowest was 0.20. And the median was 0.54.

TSE:4082's Debt-to-Equity is ranked worse than
70.74% of 1401 companies
in the Chemicals industry
Industry Median: 0.36 vs TSE:4082: 0.68

Daiichi Kigenso Kagaku-Kogyo Co Debt-to-Equity Historical Data

The historical data trend for Daiichi Kigenso Kagaku-Kogyo 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.

Daiichi Kigenso Kagaku-Kogyo Co Debt-to-Equity Chart

Daiichi Kigenso Kagaku-Kogyo Co 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 0.63 0.70 0.70 0.71 0.68

Daiichi Kigenso Kagaku-Kogyo Co 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 0.79 0.73 0.67 0.68 N/A

Competitive Comparison of Daiichi Kigenso Kagaku-Kogyo Co's Debt-to-Equity

For the Specialty Chemicals subindustry, Daiichi Kigenso Kagaku-Kogyo 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.


Daiichi Kigenso Kagaku-Kogyo Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Daiichi Kigenso Kagaku-Kogyo Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Daiichi Kigenso Kagaku-Kogyo Co's Debt-to-Equity falls into.



Daiichi Kigenso Kagaku-Kogyo Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Daiichi Kigenso Kagaku-Kogyo Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Daiichi Kigenso Kagaku-Kogyo Co's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Daiichi Kigenso Kagaku-Kogyo Co  (TSE:4082) 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.


Daiichi Kigenso Kagaku-Kogyo Co Debt-to-Equity Related Terms

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


Daiichi Kigenso Kagaku-Kogyo Co Business Description

Traded in Other Exchanges
N/A
Address
6-38 Hirabayashi Minami 1-Chome, Suminoe-ku, Osaka, JPN, 559-0025
Daiichi Kigenso Kagaku-Kogyo Co Ltd is a Japan-based chemical manufacturer. The company is mainly engaged in the research, production, and sale of chemicals and materials for fuel cells and catalysts. Products offered by the company include zirconium oxide, stabilized zirconium oxide, composite oxide, zirconium compounds, zirconia sol, rare-earth compounds, cesium compounds, cesium flux, and wire ring.

Daiichi Kigenso Kagaku-Kogyo Co Headlines

No Headlines