Nippon Chuzo K.K. (TSE:5609) Debt-to-Equity : 0.30 (As of Sep. 2024)

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What is Nippon Chuzo K.K. Debt-to-Equity?

Nippon Chuzo K.K.'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円2,450 Mil. Nippon Chuzo K.K.'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円1,065 Mil. Nippon Chuzo K.K.'s Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円11,651 Mil. Nippon Chuzo K.K.'s debt to equity for the quarter that ended in Sep. 2024 was 0.30.

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 Chuzo K.K.'s Debt-to-Equity or its related term are showing as below:

TSE:5609' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.21 Max: 0.45
Current: 0.3

During the past 13 years, the highest Debt-to-Equity Ratio of Nippon Chuzo K.K. was 0.45. The lowest was 0.10. And the median was 0.21.

TSE:5609's Debt-to-Equity is ranked better than
61.55% of 554 companies
in the Steel industry
Industry Median: 0.43 vs TSE:5609: 0.30

Nippon Chuzo K.K. Debt-to-Equity Historical Data

The historical data trend for Nippon Chuzo K.K.'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 Chuzo K.K. Debt-to-Equity Chart

Nippon Chuzo K.K. Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.24

0.21

0.26

0.36

0.32

Nippon Chuzo K.K. 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															0.37	0.37	0.35	0.32	0.30

Competitive Comparison of Nippon Chuzo K.K.'s Debt-to-Equity

For the Steel subindustry, Nippon Chuzo K.K.'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 Chuzo K.K.'s Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Nippon Chuzo K.K.'s Debt-to-Equity distribution charts can be found below:

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

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Nippon Chuzo K.K. Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nippon Chuzo K.K.'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
	=	(2450	+	1290)	/	11879
	=	0.31

Nippon Chuzo K.K.'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
	=	(2450	+	1065)	/	11651
	=	0.30

Nippon Chuzo K.K. (TSE:5609) 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 Chuzo K.K. Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Nippon Chuzo K.K.'s Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Nippon Chuzo K.K. Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nippon Chuzo K.K. (TSE:5609) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shiraishi town 2-1, Kawasaki, JPN, 210-9567

Website

http://www.nipponchuzo.co.jp

Nippon Chuzo K.K. is a Japan-based company mainly engaged in the manufacturing and sale of forged products. It operates in three business divisions including Material product division that is engaged in the manufacturing of castings and fabricated materials, particularly for casting machinery. The Engineering division designs and manufactures bridge support and expansion device. And the Construction materials division manages fixed column foot construction.

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