Sanyo Shokai (TSE:8011) Debt-to-Equity : 0.17 (As of Nov. 2023)

View and export this data going back to 1971. Start your Free Trial

What is Sanyo Shokai Debt-to-Equity?

Sanyo Shokai's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円2,835 Mil. Sanyo Shokai's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円3,965 Mil. Sanyo Shokai's Total Stockholders Equity for the quarter that ended in Nov. 2023 was 円39,010 Mil. Sanyo Shokai's debt to equity for the quarter that ended in Nov. 2023 was 0.17.

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 Sanyo Shokai's Debt-to-Equity or its related term are showing as below:

TSE:8011' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.19 Max: 0.42
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Sanyo Shokai was 0.42. The lowest was 0.14. And the median was 0.19.

TSE:8011's Debt-to-Equity is ranked better than
74.6% of 937 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs TSE:8011: 0.17

Sanyo Shokai Debt-to-Equity Historical Data

The historical data trend for Sanyo Shokai'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.

Sanyo Shokai Debt-to-Equity Chart

Sanyo Shokai Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Feb21

Feb22

Feb23

Debt-to-Equity

Get a 7-Day Free Trial

0.21

0.22

0.20

0.23

0.21

Sanyo Shokai Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial															0.21	0.21	0.18	0.18	0.17

Competitive Comparison of Sanyo Shokai's Debt-to-Equity

For the Apparel Manufacturing subindustry, Sanyo Shokai'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.

Sanyo Shokai's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sanyo Shokai's Debt-to-Equity distribution charts can be found below:

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

Sanyo Shokai Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sanyo Shokai's Debt to Equity Ratio for the fiscal year that ended in Feb. 2023 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
	=	(3703	+	3864)	/	36420
	=	0.21

Sanyo Shokai's Debt to Equity Ratio for the quarter that ended in Nov. 2023 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
	=	(2835	+	3965)	/	39010
	=	0.17

Sanyo Shokai (TSE:8011) 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.

Sanyo Shokai Debt-to-Equity Related Terms

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

Sanyo Shokai (TSE:8011) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sanyo Shokai Ltd (TSE:8011) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-14 Honshiocho, Shinjuku-ku, Tokyo, JPN, 160-0003

Website

https://www.sanyo-shokai.co.jp

Sanyo Shokai Ltd is a Japan-based company, engages in the manufacture and sale of textile products. It is involved in the business of manufacturing and sale of men's clothing, ladies and accessories sales of products at department stores, specialty shops, directly managed stores nationwide. It is also engaged in the business of the lease and rent of real estate properties.

Sanyo Shokai (TSE:8011) Headlines

No Headlines