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Chemipro Kasei Kaisha (TSE:4960) Debt-to-Equity : 1.32 (As of Mar. 2024)


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What is Chemipro Kasei Kaisha Debt-to-Equity?

Chemipro Kasei Kaisha's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円3,997 Mil. Chemipro Kasei Kaisha's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円2,186 Mil. Chemipro Kasei Kaisha's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円4,680 Mil. Chemipro Kasei Kaisha's debt to equity for the quarter that ended in Mar. 2024 was 1.32.

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 Chemipro Kasei Kaisha's Debt-to-Equity or its related term are showing as below:

TSE:4960' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.3   Med: 1.55   Max: 2.07
Current: 1.32

During the past 13 years, the highest Debt-to-Equity Ratio of Chemipro Kasei Kaisha was 2.07. The lowest was 1.30. And the median was 1.55.

TSE:4960's Debt-to-Equity is ranked worse than
90.07% of 1400 companies
in the Chemicals industry
Industry Median: 0.36 vs TSE:4960: 1.32

Chemipro Kasei Kaisha Debt-to-Equity Historical Data

The historical data trend for Chemipro Kasei Kaisha'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.

Chemipro Kasei Kaisha Debt-to-Equity Chart

Chemipro Kasei Kaisha 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 1.51 1.53 1.30 1.32 1.32

Chemipro Kasei Kaisha 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 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 1.32 1.29 1.41 1.37 1.32

Competitive Comparison of Chemipro Kasei Kaisha's Debt-to-Equity

For the Chemicals subindustry, Chemipro Kasei Kaisha'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.


Chemipro Kasei Kaisha's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chemipro Kasei Kaisha's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Chemipro Kasei Kaisha's Debt-to-Equity falls into.



Chemipro Kasei Kaisha Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chemipro Kasei Kaisha's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Chemipro Kasei Kaisha'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.


Chemipro Kasei Kaisha  (TSE:4960) 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.


Chemipro Kasei Kaisha Debt-to-Equity Related Terms

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Chemipro Kasei Kaisha Business Description

Traded in Other Exchanges
N/A
Address
KDC Kobe Building, 14F, 83 Kyou-machi, Chuo-ku, Hyogo, Kobe, JPN
Chemipro Kasei Kaisha, Ltd. is a Japan-based company engages in the manufacture and sale of organic and industrial chemicals. It manufactures ultraviolet absorbers, intermediates of photographic chemicals, and papermaking chemical agents.

Chemipro Kasei Kaisha Headlines

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