NPR-Riken (TSE:6209) Debt-to-Equity : 0.16 (As of Dec. 2023)

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What is NPR-Riken Debt-to-Equity?

NPR-Riken's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円8,778 Mil. NPR-Riken's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円10,224 Mil. NPR-Riken's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円116,510 Mil. NPR-Riken's debt to equity for the quarter that ended in Dec. 2023 was 0.16.

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 NPR-Riken's Debt-to-Equity or its related term are showing as below:

TSE:6209's Debt-to-Equity is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 0.47
* Ranked among companies with meaningful Debt-to-Equity only.

NPR-Riken Debt-to-Equity Historical Data

The historical data trend for NPR-Riken'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.

* Premium members only.

NPR-Riken Debt-to-Equity Chart

NPR-Riken Annual Data

Trend

Mar24

Debt-to-Equity

0.14

NPR-Riken Quarterly Data
	Dec23	Mar24
Debt-to-Equity	0.16	0.14

Competitive Comparison of NPR-Riken's Debt-to-Equity

For the Auto Parts subindustry, NPR-Riken'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.

NPR-Riken's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NPR-Riken's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where NPR-Riken's Debt-to-Equity falls into.

NPR-Riken Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NPR-Riken'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
	=	(10220	+	9565)	/	140549
	=	0.14

NPR-Riken's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(8778	+	10224)	/	116510
	=	0.16

NPR-Riken (TSE:6209) 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.

NPR-Riken Debt-to-Equity Related Terms

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NPR-Riken (TSE:6209) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NPR-Riken Corp (TSE:6209) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

8-1, Sanbancho, Chiyoda-ku, Tokyo, JPN, 102-0075

Website

https://www.npr-riken.co.jp

NPR-Riken Corp is engaged in the Management of group companies such as subsidiaries that manufacture and/or sale of automotive and marine-related products and other products.

NPR-Riken (TSE:6209) Headlines

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