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Kokusan Denki Co (TSE:6992) Debt-to-Equity : 0.11 (As of Mar. 2015)


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What is Kokusan Denki Co Debt-to-Equity?

Kokusan Denki Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2015 was 円709 Mil. Kokusan Denki Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2015 was 円500 Mil. Kokusan Denki Co's Total Stockholders Equity for the quarter that ended in Mar. 2015 was 円10,566 Mil. Kokusan Denki Co's debt to equity for the quarter that ended in Mar. 2015 was 0.11.

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

TSE:6992' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: 0.11

TSE:6992's Debt-to-Equity is not ranked
in the Hardware industry.
Industry Median: 0.29 vs TSE:6992: 0.11

Kokusan Denki Co Debt-to-Equity Historical Data

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

Kokusan Denki Co Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Dec14
Debt-to-Equity
Get a 7-Day Free Trial 0.02 0.19 0.16 0.17 0.12

Kokusan Denki Co Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 0.13 0.09 0.07 0.12 0.11

Competitive Comparison of Kokusan Denki Co's Debt-to-Equity

For the Electronic Components subindustry, Kokusan Denki 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.


Kokusan Denki Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kokusan Denki Co's Debt-to-Equity distribution charts can be found below:

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



Kokusan Denki Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kokusan Denki Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Kokusan Denki Co's Debt to Equity Ratio for the quarter that ended in Mar. 2015 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.


Kokusan Denki Co  (TSE:6992) 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.


Kokusan Denki Co Debt-to-Equity Related Terms

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Kokusan Denki Co (TSE:6992) Business Description

Traded in Other Exchanges
N/A
Address
Kokusan Denki Co Ltd is engaged in the manufacturing and selling of electrical components. Its products are Engine Ignition Systems, Electric Motors and Alternators and Welders.

Kokusan Denki Co (TSE:6992) Headlines

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