Nasu Denki Tekko Co (TSE:5922) Debt-to-Equity : 0.15 (As of Sep. 2024)

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What is Nasu Denki Tekko Co Debt-to-Equity?

Nasu Denki Tekko Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円942 Mil. Nasu Denki Tekko Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円3,125 Mil. Nasu Denki Tekko Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円27,612 Mil. Nasu Denki Tekko Co's debt to equity for the quarter that ended in Sep. 2024 was 0.15.

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

TSE:5922' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.39 Max: 0.62
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of Nasu Denki Tekko Co was 0.62. The lowest was 0.15. And the median was 0.39.

TSE:5922's Debt-to-Equity is ranked better than
66.28% of 2616 companies
in the Industrial Products industry
Industry Median: 0.28 vs TSE:5922: 0.15

Nasu Denki Tekko Co Debt-to-Equity Historical Data

The historical data trend for Nasu Denki Tekko 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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Nasu Denki Tekko Co Debt-to-Equity Chart

Nasu Denki Tekko Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.35

0.37

0.29

0.24

0.22

Nasu Denki Tekko 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															0.17	0.16	0.20	0.22	0.15

Competitive Comparison of Nasu Denki Tekko Co's Debt-to-Equity

For the Metal Fabrication subindustry, Nasu Denki Tekko 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.

Nasu Denki Tekko Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nasu Denki Tekko Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nasu Denki Tekko Co's Debt-to-Equity falls into.

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Nasu Denki Tekko Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nasu Denki Tekko 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
	=	(2348.6	+	3668.737)	/	26997.213
	=	0.22

Nasu Denki Tekko 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
	=	(942	+	3125)	/	27611.844
	=	0.15

Nasu Denki Tekko Co (TSE:5922) 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.

Nasu Denki Tekko Co Debt-to-Equity Related Terms

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Nasu Denki Tekko Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nasu Denki Tekko Co Ltd (TSE:5922) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-1-12 Shinjuku, Shinjuku-ku, JPN

Website

https://www.nasudenki.co.jp

Nasu Denki Tekko Co Ltd is engaged in producing and sellingsale of iron towers, iron structures, overhead wire, transportation system materials, underground wire materials, and transportation system materials in Japan. It also provides surface treatment, such as hot-dip zinc-aluminum alloy plating, zinc phosphate treatment, various coatings, steel pipe and composite columns, and substrate materials.

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