Senkon Logistics Co (TSE:9051) Debt-to-Equity : 1.62 (As of Dec. 2023)

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What is Senkon Logistics Co Debt-to-Equity?

Senkon Logistics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円3,575 Mil. Senkon Logistics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円5,217 Mil. Senkon Logistics Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円5,423 Mil. Senkon Logistics Co's debt to equity for the quarter that ended in Dec. 2023 was 1.62.

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

TSE:9051' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.62 Med: 2.25 Max: 2.93
Current: 1.62

During the past 13 years, the highest Debt-to-Equity Ratio of Senkon Logistics Co was 2.93. The lowest was 1.62. And the median was 2.25.

TSE:9051's Debt-to-Equity is ranked worse than
83.26% of 884 companies
in the Transportation industry
Industry Median: 0.55 vs TSE:9051: 1.62

Senkon Logistics Co Debt-to-Equity Historical Data

The historical data trend for Senkon Logistics 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.

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Senkon Logistics Co Debt-to-Equity Chart

Senkon Logistics Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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2.73

2.40

2.14

1.83

1.63

Senkon Logistics 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															1.80	1.63	1.79	1.74	1.62

Competitive Comparison of Senkon Logistics Co's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Senkon Logistics 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.

Senkon Logistics Co's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Senkon Logistics Co's Debt-to-Equity distribution charts can be found below:

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

Senkon Logistics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Senkon Logistics 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
	=	(3384.055	+	5078.139)	/	5193.159
	=	1.63

Senkon Logistics 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
	=	(3575.09	+	5217.18)	/	5422.858
	=	1.62

Senkon Logistics Co (TSE:9051) 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.

Senkon Logistics Co Debt-to-Equity Related Terms

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Senkon Logistics Co (TSE:9051) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Senkon Logistics Co Ltd (TSE:9051) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Central 4-chome, No. 10, No. 3, Aoba-ku, 3rd Floor, Miyagi ken Sendai Capital Tower, Sendai, JPN

Website

http://www.senkon.co.jp

Senkon Logistics Co Ltd is a Japan based company engaged in providing logistics services. It offers transportation services for precision equipment, vehicles, engineering equipment as well as industrial waste collection. The company is also engaged in the collection, sale and purchase of radioactive contaminant removal work and removal equipment. The other businesses in which the company is involved are real estate leasing business, import and export of agricultural and fishery products, Sales and rental of specified maintenance management medical equipment and advanced management medical equipment, and others.

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