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KNC Laboratories Co (TSE:6568) Debt-to-Equity : 0.15 (As of Sep. 2024)


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What is KNC Laboratories Co Debt-to-Equity?

KNC Laboratories Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円609 Mil. KNC Laboratories Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円1,363 Mil. KNC Laboratories Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円12,995 Mil. KNC Laboratories 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 KNC Laboratories Co's Debt-to-Equity or its related term are showing as below:

TSE:6568' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.14   Max: 1.06
Current: 0.15

During the past 9 years, the highest Debt-to-Equity Ratio of KNC Laboratories Co was 1.06. The lowest was 0.07. And the median was 0.14.

TSE:6568's Debt-to-Equity is ranked better than
69.28% of 1390 companies
in the Chemicals industry
Industry Median: 0.365 vs TSE:6568: 0.15

KNC Laboratories Co Debt-to-Equity Historical Data

The historical data trend for KNC Laboratories 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.

KNC Laboratories Co Debt-to-Equity Chart

KNC Laboratories Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.15 0.14 0.16 0.13 0.15

KNC Laboratories 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 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 0.18 0.15 0.15

Competitive Comparison of KNC Laboratories Co's Debt-to-Equity

For the Chemicals subindustry, KNC Laboratories 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.


KNC Laboratories Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, KNC Laboratories Co's Debt-to-Equity distribution charts can be found below:

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


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KNC Laboratories Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

KNC Laboratories Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

KNC Laboratories Co'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.


KNC Laboratories Co  (TSE:6568) 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.


KNC Laboratories Co Debt-to-Equity Related Terms

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KNC Laboratories Co Business Description

Traded in Other Exchanges
N/A
Address
Ohya Building. 6 Kandakonnyacho, 5th Floor, Chiyoda-ku, Tokyo, JPN, 101-0035
KNC Laboratories Co Ltd is an organic chemical and biochemical manufacturing company.

KNC Laboratories Co Headlines

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