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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 Range Over the Past 10 Years
Min: 0.02 Med: 0.02 Max: 0.03
Current: 0.02
During the past 13 years, the highest Debt-to-Equity Ratio of Asahi Kagaku Kogyo Co was 0.03. The lowest was 0.02. And the median was 0.02.
TSE:7928's Debt-to-Equity is ranked better than 93.89% of 2685
companies
in the Industrial Products industry
Industry Median: 0.29
vs TSE:7928: 0.02
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
Asahi Kagaku Kogyo Co Debt-to-Equity Historical Data
* Premium members only.
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.
TSE:7928 vs SNA, RBC, LECO: Debt-to-Equity Comparison
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 Debt-to-Equity vs 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.
* 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) has a Debt-to-Equity of 0.00 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Asahi Kagaku Kogyo Co and its competitors. Over the past decade, Asahi Kagaku Kogyo Co's Debt-to-Equity has ranged from 0.02 to 0.03. According to the industry distribution chart, Asahi Kagaku Kogyo Co ranks #164 out of 2685 companies in the Industrial Products industry, placing it in the top 6.1%.
Is Asahi Kagaku Kogyo Co's Debt-to-Equity too high?
Asahi Kagaku Kogyo Co's current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.03. Based on the distribution chart, Asahi Kagaku Kogyo Co ranks #164 out of 2685 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Asahi Kagaku Kogyo Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asahi Kagaku Kogyo Co's Debt-to-Equity compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Asahi Kagaku Kogyo Co ranks #164 out of 2685 companies for Debt-to-Equity. This places Asahi Kagaku Kogyo Co in the top 6% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.29. Historically, Asahi Kagaku Kogyo Co's own Debt-to-Equity has ranged from 0.02 to 0.03 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.29, based on 2,685 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Asahi Kagaku Kogyo Co and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Kagaku Kogyo Co's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Kagaku Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi Kagaku Kogyo Co (TSE:7928) is currently considered Fairly Valued. The stock's GF Value™ is 円572.09, compared to a current price of 円613.00 — trading 7.2% above its estimated fair value. The current Debt-to-Equity is 0.00. Asahi Kagaku Kogyo Co's overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Asahi Kagaku Kogyo Co (TSE:7928), the current Debt-to-Equity is 0.00 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Asahi Kagaku Kogyo Co (TSE:7928) Overvalued in 2026?
Based on GuruFocus' analysis, Asahi Kagaku Kogyo Co stock appears to be overvalued.
The current stock price of 円613.00 is trading 7.2% above its estimated GF Value™ of 円572.09.
GuruFocus considers Asahi Kagaku Kogyo Co to be Fairly Valued.
Key valuation signals for TSE:7928:
Debt-to-Equity: 0.00
GF Value™: 円572.09 vs. price of 円613.00 (7.2% above fair value)
No single metric tells the full story. See the TSE:7928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
67GF Score
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