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Asahi Kagaku Kogyo Co (TSE:7928) Debt-to-Equity : 0.00 (As of Feb. 2024)


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What is Asahi Kagaku Kogyo Co Debt-to-Equity?

Asahi Kagaku Kogyo Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円0 Mil. Asahi Kagaku Kogyo Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円0 Mil. Asahi Kagaku Kogyo Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円5,172 Mil. Asahi Kagaku Kogyo Co's debt to equity for the quarter that ended in Feb. 2024 was 0.00.

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

TSE:7928's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

Asahi Kagaku Kogyo Co Debt-to-Equity Historical Data

The historical data trend for Asahi Kagaku Kogyo 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.

Asahi Kagaku Kogyo Co Debt-to-Equity Chart

Asahi Kagaku Kogyo Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-Equity
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Asahi Kagaku Kogyo Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of Asahi Kagaku Kogyo Co's Debt-to-Equity

For the Tools & Accessories subindustry, Asahi Kagaku Kogyo 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.


Asahi Kagaku Kogyo Co's Debt-to-Equity Distribution in the Industrial Products Industry

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

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



Asahi Kagaku Kogyo Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Asahi Kagaku Kogyo Co's Debt to Equity Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Asahi Kagaku Kogyo Co's Debt to Equity Ratio for the quarter that ended in Feb. 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.


Asahi Kagaku Kogyo Co  (TSE:7928) 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.


Asahi Kagaku Kogyo Co Debt-to-Equity Related Terms

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Asahi Kagaku Kogyo Co (TSE:7928) Business Description

Traded in Other Exchanges
N/A
Address
Anjo-shi Shioga Irucho Hiromi 133-3, Aichi, JPN, 844-1205
Asahi Kagaku Kogyo Co Ltd is a manufacturer of plastic parts, plastics molded products, processed goods and sets of plastics. It also provides electric tool parts, automobile parts, applied equipment, pump parts, building materials.

Asahi Kagaku Kogyo Co (TSE:7928) Headlines

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