Nippon Crucible Co (TSE:5355) Debt-to-Equity : 0.42 (As of Sep. 2024)

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What is Nippon Crucible Co Debt-to-Equity?

Nippon Crucible Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円1,439 Mil. Nippon Crucible Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円793 Mil. Nippon Crucible Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円5,374 Mil. Nippon Crucible Co's debt to equity for the quarter that ended in Sep. 2024 was 0.42.

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

TSE:5355' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37 Med: 0.69 Max: 0.94
Current: 0.42

During the past 13 years, the highest Debt-to-Equity Ratio of Nippon Crucible Co was 0.94. The lowest was 0.37. And the median was 0.69.

TSE:5355's Debt-to-Equity is ranked better than
57.31% of 499 companies
in the Conglomerates industry
Industry Median: 0.57 vs TSE:5355: 0.42

Nippon Crucible Co Debt-to-Equity Historical Data

The historical data trend for Nippon Crucible 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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Nippon Crucible Co Debt-to-Equity Chart

Nippon Crucible Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.65

0.57

0.52

0.43

0.37

Nippon Crucible Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.43	0.40	0.42	0.37	0.42

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

For the Conglomerates subindustry, Nippon Crucible 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 Crucible Co's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nippon Crucible Co's Debt-to-Equity distribution charts can be found below:

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

Nippon Crucible Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nippon Crucible 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
	=	(1397.639	+	584.088)	/	5292.657
	=	0.37

Nippon Crucible Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1438.851	+	792.516)	/	5373.766
	=	0.42

Nippon Crucible Co (TSE:5355) 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 Crucible Co Debt-to-Equity Related Terms

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Nippon Crucible Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Nippon Crucible Co Ltd (TSE:5355) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

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Address

Ebisu NR Building, 1-21-3 Ebisu Shibuya-ku, Tokyo, JPN, 150-0013

Website

http://www.rutsubo.com

Nippon Crucible Co Ltd manufactures graphite crucibles and refractories for steelmakers. The company is organized into four major business segments - Refractories business, Engineering business, Overseas business, and Real Estate business. The Refractory segment is engaged in the manufacture and sale of graphite crucibles, shaped refractory and unshaped refractory. The Engineering segment is engaged in the design and construction of various industrial furnaces and incinerators. Overseas business is engaged in the import/export of refractory products and melting furnace equipment. The Real Estate segment is involved in the leasing of buildings and parking lots, and the operation of solar power generation business.

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