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Kawanishi Warehouse Co (TSE:9322) Debt-to-Equity : 0.49 (As of Dec. 2023)


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What is Kawanishi Warehouse Co Debt-to-Equity?

Kawanishi Warehouse Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,226 Mil. Kawanishi Warehouse Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円8,748 Mil. Kawanishi Warehouse Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円20,488 Mil. Kawanishi Warehouse Co's debt to equity for the quarter that ended in Dec. 2023 was 0.49.

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

TSE:9322' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27   Med: 0.53   Max: 0.65
Current: 0.49

During the past 13 years, the highest Debt-to-Equity Ratio of Kawanishi Warehouse Co was 0.65. The lowest was 0.27. And the median was 0.53.

TSE:9322's Debt-to-Equity is ranked worse than
54.74% of 928 companies
in the Business Services industry
Industry Median: 0.385 vs TSE:9322: 0.49

Kawanishi Warehouse Co Debt-to-Equity Historical Data

The historical data trend for Kawanishi Warehouse 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.

Kawanishi Warehouse Co Debt-to-Equity Chart

Kawanishi Warehouse Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.56 0.56 0.62 0.54

Kawanishi Warehouse 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.54 0.53 0.50 0.49

Competitive Comparison of Kawanishi Warehouse Co's Debt-to-Equity

For the Specialty Business Services subindustry, Kawanishi Warehouse 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.


Kawanishi Warehouse Co's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Kawanishi Warehouse Co's Debt-to-Equity distribution charts can be found below:

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



Kawanishi Warehouse Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kawanishi Warehouse Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Kawanishi Warehouse Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Kawanishi Warehouse Co  (TSE:9322) 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.


Kawanishi Warehouse Co Debt-to-Equity Related Terms

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Kawanishi Warehouse Co (TSE:9322) Business Description

Traded in Other Exchanges
N/A
Address
1-4-16 Shichinomiya-cho, Hyogo-ku, Kobe, JPN, 652 0831
Kawanishi Warehouse Co., Ltd. provides refrigerated and General warehousing services, Label and price tag affixing, High-speed freezing, transport and delivery, and International logistics services, Port transportation and Shipping agent services, among others.

Kawanishi Warehouse Co (TSE:9322) Headlines

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