HOKKO Chemical Industry Co (TSE:4992) Debt-to-Equity : 0.11 (As of May. 2024)

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What is HOKKO Chemical Industry Co Debt-to-Equity?

HOKKO Chemical Industry Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was 円4,900 Mil. HOKKO Chemical Industry Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was 円1,000 Mil. HOKKO Chemical Industry Co's Total Stockholders Equity for the quarter that ended in May. 2024 was 円54,914 Mil. HOKKO Chemical Industry Co's debt to equity for the quarter that ended in May. 2024 was 0.11.

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 HOKKO Chemical Industry Co's Debt-to-Equity or its related term are showing as below:

TSE:4992' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.22 Max: 0.78
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of HOKKO Chemical Industry Co was 0.78. The lowest was 0.02. And the median was 0.22.

TSE:4992's Debt-to-Equity is ranked better than
77.73% of 229 companies
in the Agriculture industry
Industry Median: 0.37 vs TSE:4992: 0.11

HOKKO Chemical Industry Co Debt-to-Equity Historical Data

The historical data trend for HOKKO Chemical Industry 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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HOKKO Chemical Industry Co Debt-to-Equity Chart

HOKKO Chemical Industry Co Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Debt-to-Equity

Get a 7-Day Free Trial

0.05

0.07

0.05

0.04

0.02

HOKKO Chemical Industry Co Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Debt-to-Equity	Get a 7-Day Free Trial															0.14	0.02	0.02	0.06	0.11

Competitive Comparison of HOKKO Chemical Industry Co's Debt-to-Equity

For the Agricultural Inputs subindustry, HOKKO Chemical Industry 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.

HOKKO Chemical Industry Co's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, HOKKO Chemical Industry Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where HOKKO Chemical Industry Co's Debt-to-Equity falls into.

HOKKO Chemical Industry Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HOKKO Chemical Industry Co's Debt to Equity Ratio for the fiscal year that ended in Nov. 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
	=	(0	+	1000)	/	46770
	=	0.02

HOKKO Chemical Industry Co's Debt to Equity Ratio for the quarter that ended in May. 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
	=	(4900	+	1000)	/	54914
	=	0.11

HOKKO Chemical Industry Co (TSE:4992) 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.

HOKKO Chemical Industry Co Debt-to-Equity Related Terms

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HOKKO Chemical Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » HOKKO Chemical Industry Co Ltd (TSE:4992) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mitsui Building No.2, 4-20,Nihonbashi Hongoku-cho 4-chome, chuo-ku, Tokyo, JPN, 103-8341

Website

http://www.hokkochem.co.jp

HOKKO Chemical Industry Co Ltd is engaged in crop protection products business in the Japanese market as a manufacturer and distributor. The company also manufactures and markets chemicals, such as organophosphines, octyltin compounds, fragrance raw materials, and intermediates for agrochemicals and pharmaceutical chemicals, specialty styrene and among others.

HOKKO Chemical Industry Co Headlines

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