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Kowa Co (TSE:7807) Debt-to-Equity : 0.21 (As of Aug. 2024)


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What is Kowa Co Debt-to-Equity?

Kowa Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was 円412 Mil. Kowa Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was 円177 Mil. Kowa Co's Total Stockholders Equity for the quarter that ended in Aug. 2024 was 円2,856 Mil. Kowa Co's debt to equity for the quarter that ended in Aug. 2024 was 0.21.

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

TSE:7807' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21   Med: 1.18   Max: 5.16
Current: 0.21

During the past 9 years, the highest Debt-to-Equity Ratio of Kowa Co was 5.16. The lowest was 0.21. And the median was 1.18.

TSE:7807's Debt-to-Equity is ranked better than
63.87% of 382 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.35 vs TSE:7807: 0.21

Kowa Co Debt-to-Equity Historical Data

The historical data trend for Kowa 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.

Kowa Co Debt-to-Equity Chart

Kowa Co Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 5.16 2.34 0.70 0.51 0.39

Kowa Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 0.33 0.59 0.39 0.39 0.21

Competitive Comparison of Kowa Co's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Kowa 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.


Kowa Co's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kowa Co's Debt-to-Equity distribution charts can be found below:

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



Kowa Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kowa Co's Debt to Equity Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Kowa Co's Debt to Equity Ratio for the quarter that ended in Aug. 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.


Kowa Co  (TSE:7807) 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.


Kowa Co Debt-to-Equity Related Terms

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


Kowa Co Business Description

Traded in Other Exchanges
N/A
Address
3-159-1, Kaisan-cho, Sakai-ku, Sakai-shi, Osaka, JPN, 590-0982
Kowa Co Ltd is a Japan-based company engaged in manufacture and sale of welfare equipment. The company is involved in the production and sales of welfare nursing care products including walking cars and walking aids or walk assistance carts, silver cars, handrails, walking canes, bath related products, toilet-related products and life-support products. It supplies its products mainly to chain stores, wholesale trading companies for welfare equipment, national welfare equipment lease companies, department stores, mail-order companies and others.

Kowa Co Headlines

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