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Okada Aiyon (TSE:6294) Debt-to-Equity : 0.71 (As of Sep. 2024)


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What is Okada Aiyon Debt-to-Equity?

Okada Aiyon's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円10,218 Mil. Okada Aiyon's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円1,524 Mil. Okada Aiyon's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円16,580 Mil. Okada Aiyon's debt to equity for the quarter that ended in Sep. 2024 was 0.71.

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 Okada Aiyon's Debt-to-Equity or its related term are showing as below:

TSE:6294' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42   Med: 0.56   Max: 0.76
Current: 0.71

During the past 13 years, the highest Debt-to-Equity Ratio of Okada Aiyon was 0.76. The lowest was 0.42. And the median was 0.56.

TSE:6294's Debt-to-Equity is ranked worse than
69.68% of 188 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.37 vs TSE:6294: 0.71

Okada Aiyon Debt-to-Equity Historical Data

The historical data trend for Okada Aiyon'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.

Okada Aiyon Debt-to-Equity Chart

Okada Aiyon Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.53 0.49 0.67 0.64

Okada Aiyon 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 0.71 0.70 0.67 0.64 0.71

Competitive Comparison of Okada Aiyon's Debt-to-Equity

For the Farm & Heavy Construction Machinery subindustry, Okada Aiyon'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.


Okada Aiyon's Debt-to-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Okada Aiyon's Debt-to-Equity distribution charts can be found below:

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



Okada Aiyon Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Okada Aiyon's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Okada Aiyon'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.


Okada Aiyon  (TSE:6294) 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.


Okada Aiyon Debt-to-Equity Related Terms

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Okada Aiyon Business Description

Traded in Other Exchanges
N/A
Address
4-1-18, Kaigan-dori, Minato-ku, Osaka, JPN, 5520022
Okada Aiyon Corp manufactures and sells demolition equipment primarily in Japan. Its products include breakers, primary crushers, pulverizers, cutters, magnets, grapples, screens, wood smashers, attachments, and parts, as well as drills, recycling machines, and materials.

Okada Aiyon Headlines

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