San-Ai Obbli Co (TSE:8097) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is San-Ai Obbli Co Debt-to-Equity?

San-Ai Obbli Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,226 Mil. San-Ai Obbli Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,299 Mil. San-Ai Obbli Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円113,367 Mil. San-Ai Obbli Co's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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

TSE:8097' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.13 Max: 0.4
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of San-Ai Obbli Co was 0.40. The lowest was 0.02. And the median was 0.13.

TSE:8097's Debt-to-Equity is ranked better than
95.31% of 832 companies
in the Oil & Gas industry
Industry Median: 0.44 vs TSE:8097: 0.02

San-Ai Obbli Co Debt-to-Equity Historical Data

The historical data trend for San-Ai Obbli 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.

San-Ai Obbli Co Debt-to-Equity Chart

San-Ai Obbli Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.14

0.13

0.10

0.07

0.06

San-Ai Obbli Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.05	0.06	0.04	0.03	0.02

Competitive Comparison of San-Ai Obbli Co's Debt-to-Equity

For the Oil & Gas Refining & Marketing subindustry, San-Ai Obbli 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.

San-Ai Obbli Co's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, San-Ai Obbli Co's Debt-to-Equity distribution charts can be found below:

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

San-Ai Obbli Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

San-Ai Obbli Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(3213	+	3802)	/	111738
	=	0.06

San-Ai Obbli Co's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(1226	+	1299)	/	113367
	=	0.02

San-Ai Obbli Co (TSE:8097) 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.

San-Ai Obbli Co Debt-to-Equity Related Terms

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San-Ai Obbli Co (TSE:8097) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » San-Ai Obbli Co Ltd (TSE:8097) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-3-2, Otemachi, Chiyoda-ku, 10th Floor, Otemachiplace East Tower, Tokyo, JPN, 100-8154

Website

https://www.san-ai-obbli.com

San-Ai Obbli Co Ltd is engaged in the marketing and retailing of Petroleum Products and Liquefied Petroleum Gas (LPG). The company provides service of storage and related operation of petroleum products, gas pipeline service, aviation fuel storage facility, into-plane fuel service. It also focuses on designing, constructing, and consulting airport fuel storage and hydrant system. San-Ai Oil is involved in the sale of biocide products, fire extinguishing agents, and other chemical products and energy-saving devices.

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