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Yotai Refractories Co (TSE:5357) Debt-to-Equity : 0.01 (As of Sep. 2024)


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What is Yotai Refractories Co Debt-to-Equity?

Yotai Refractories Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円0 Mil. Yotai Refractories Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円240 Mil. Yotai Refractories Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円32,564 Mil. Yotai Refractories Co's debt to equity for the quarter that ended in Sep. 2024 was 0.01.

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

TSE:5357' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.01
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Yotai Refractories Co was 0.01. The lowest was 0.01. And the median was 0.01.

TSE:5357's Debt-to-Equity is ranked better than
99.72% of 356 companies
in the Building Materials industry
Industry Median: 0.37 vs TSE:5357: 0.01

Yotai Refractories Co Debt-to-Equity Historical Data

The historical data trend for Yotai Refractories 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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Yotai Refractories Co Debt-to-Equity Chart

Yotai Refractories Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
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Yotai Refractories 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 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 - - - - 0.01

Competitive Comparison of Yotai Refractories Co's Debt-to-Equity

For the Building Materials subindustry, Yotai Refractories 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.


Yotai Refractories Co's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Yotai Refractories Co's Debt-to-Equity distribution charts can be found below:

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



Yotai Refractories Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yotai Refractories Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Yotai Refractories Co's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Yotai Refractories Co  (TSE:5357) 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.


Yotai Refractories Co Debt-to-Equity Related Terms

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Yotai Refractories Co Business Description

Traded in Other Exchanges
N/A
Address
8-1 Nishikinaka-cho, Osaka, JPN
Yotai Refractories Co Ltd manufactures and sells fire bricks, monolithic refractories, and ceramics in Japan. The company is also engaged in the engineering and construction of various furnaces.

Yotai Refractories Co Headlines

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