Daiei Kankyo Co (TSE:9336) Debt-to-Equity : N/A (As of Jun. 2024)

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What is Daiei Kankyo Co Debt-to-Equity?

Daiei Kankyo Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was 円0 Mil. Daiei Kankyo Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was 円0 Mil. Daiei Kankyo Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was 円0 Mil.

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

TSE:9336' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.68 Med: 0.81 Max: 1.51
Current: 0.61

During the past 4 years, the highest Debt-to-Equity Ratio of Daiei Kankyo Co was 1.51. The lowest was 0.68. And the median was 0.81.

TSE:9336's Debt-to-Equity is ranked better than
50.45% of 224 companies
in the Waste Management industry
Industry Median: 0.625 vs TSE:9336: 0.61

Daiei Kankyo Co Debt-to-Equity Historical Data

The historical data trend for Daiei Kankyo 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.

Daiei Kankyo Co Debt-to-Equity Chart

Daiei Kankyo Co Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

1.51

1.33

0.81

0.70

Daiei Kankyo Co Quarterly Data
	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial						0.69	0.68	0.70	N/A	0.61

Competitive Comparison of Daiei Kankyo Co's Debt-to-Equity

For the Waste Management subindustry, Daiei Kankyo 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.

Daiei Kankyo Co's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Daiei Kankyo Co's Debt-to-Equity distribution charts can be found below:

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

Daiei Kankyo Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Daiei Kankyo Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
	=	(14215	+	46852)	/	87557
	=	0.70

Daiei Kankyo Co's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
	=	(0	+	0)	/	0
	=	N/A

Daiei Kankyo Co (TSE:9336) 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.

Daiei Kankyo Co Debt-to-Equity Related Terms

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Daiei Kankyo Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Daiei Kankyo Co Ltd (TSE:9336) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-9-1 Koyo-cho, Kobe Fashion Plaza, Higashinada-ku, Hyogo Prefecture, Kobe, JPN, 658-0032

Website

https://www.dinsgr.co.jp

Daiei Kankyo Co Ltd is a engaged in the waste-related business. It focuses on collection and transportation, intermediate treatment and recycling, and final disposal of both general and industrial waste and valuable resource recycing business.

Daiei Kankyo Co Headlines

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