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Nakakita Seisakusho Co (TSE:6496) Debt-to-Equity : 0.07 (As of May. 2024)


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What is Nakakita Seisakusho Co Debt-to-Equity?

Nakakita Seisakusho Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was 円943 Mil. Nakakita Seisakusho Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was 円679 Mil. Nakakita Seisakusho Co's Total Stockholders Equity for the quarter that ended in May. 2024 was 円24,788 Mil. Nakakita Seisakusho Co's debt to equity for the quarter that ended in May. 2024 was 0.07.

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

TSE:6496' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.05   Max: 0.1
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Nakakita Seisakusho Co was 0.10. The lowest was 0.04. And the median was 0.05.

TSE:6496's Debt-to-Equity is ranked better than
80.09% of 2617 companies
in the Industrial Products industry
Industry Median: 0.29 vs TSE:6496: 0.07

Nakakita Seisakusho Co Debt-to-Equity Historical Data

The historical data trend for Nakakita Seisakusho 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.

* Premium members only.

Nakakita Seisakusho Co Debt-to-Equity Chart

Nakakita Seisakusho Co Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.05 0.05 0.08 0.07

Nakakita Seisakusho Co Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 0.08 0.07 0.07 0.07 0.07

Competitive Comparison of Nakakita Seisakusho Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Nakakita Seisakusho 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.


Nakakita Seisakusho Co's Debt-to-Equity Distribution in the Industrial Products Industry

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

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



Nakakita Seisakusho Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nakakita Seisakusho Co's Debt to Equity Ratio for the fiscal year that ended in May. 2024 is calculated as

Nakakita Seisakusho Co's Debt to Equity Ratio for the quarter that ended in May. 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.


Nakakita Seisakusho Co  (TSE:6496) 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.


Nakakita Seisakusho Co Debt-to-Equity Related Terms

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Nakakita Seisakusho Co Business Description

Traded in Other Exchanges
N/A
Address
1-1 Fukonominamicho, Daito, Osaka, JPN, 574-8691
Nakakita Seisakusho Co Ltd is engaged in the designing, production, and sale for automatic control valve, butterfly valve, and remote control system among others. The company's products are used by various industries such as ships, power plant, steel industry, chemical plants, and others.

Nakakita Seisakusho Co Headlines

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