Kuroda Precision Industries (TSE:7726) Debt-to-Equity : 0.51 (As of Sep. 2024)

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What is Kuroda Precision Industries Debt-to-Equity?

Kuroda Precision Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円2,722 Mil. Kuroda Precision Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円3,090 Mil. Kuroda Precision Industries's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円11,342 Mil. Kuroda Precision Industries's debt to equity for the quarter that ended in Sep. 2024 was 0.51.

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 Kuroda Precision Industries's Debt-to-Equity or its related term are showing as below:

TSE:7726' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.44 Max: 0.67
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of Kuroda Precision Industries was 0.67. The lowest was 0.29. And the median was 0.44.

TSE:7726's Debt-to-Equity is ranked worse than
67.86% of 2623 companies
in the Industrial Products industry
Industry Median: 0.28 vs TSE:7726: 0.51

Kuroda Precision Industries Debt-to-Equity Historical Data

The historical data trend for Kuroda Precision Industries'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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Kuroda Precision Industries Debt-to-Equity Chart

Kuroda Precision Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.47

0.50

0.42

0.52

0.57

Kuroda Precision Industries 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															0.50	0.58	0.67	0.57	0.51

Competitive Comparison of Kuroda Precision Industries's Debt-to-Equity

For the Tools & Accessories subindustry, Kuroda Precision Industries'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.

Kuroda Precision Industries's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kuroda Precision Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kuroda Precision Industries's Debt-to-Equity falls into.

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Kuroda Precision Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kuroda Precision Industries'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
	=	(2880.845	+	3700.768)	/	11508.981
	=	0.57

Kuroda Precision Industries's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(2721.528	+	3090.251)	/	11341.854
	=	0.51

Kuroda Precision Industries (TSE:7726) 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.

Kuroda Precision Industries Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Kuroda Precision Industries's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Kuroda Precision Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kuroda Precision Industries Ltd (TSE:7726) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

580-16 Horikawa-cho, Kawasaki Tech Center, Saiwai-ku, Kanagawa Prefecture, Kawasaki, JPN, 212-8560

Website

https://www.kuroda-precision.co.jp

Kuroda Precision Industries Ltd operates as a gauge manufacturer in Japan. The company's product includes gauges, ball screws, tool holders, press tools, machine tools, lubricating oil supply devices for semi-dry processing, and ultra-precision measuring systems, among others. Its reportable segments are Drive Systems, Mold Systems, and Mechanical and Measurement Systems. Maximum revenue for the company is generated from its Mold Systems segment, which manufactures laminated precision press dies, precision metal press products, motor cores, etc. Geographically, a majority of its revenue is derived from its business in Japan, followed by China, the United States, Mexico, Europe, and other regions.

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