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Nichia Steel Works (TSE:5658) Debt-to-Revenue : 0.13 (As of Dec. 2023)


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What is Nichia Steel Works Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Nichia Steel Works's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円2,050 Mil. Nichia Steel Works's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円2,537 Mil. Nichia Steel Works's annualized Revenue for the quarter that ended in Dec. 2023 was 円36,214 Mil. Nichia Steel Works's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.13.


Nichia Steel Works Debt-to-Revenue Historical Data

The historical data trend for Nichia Steel Works's Debt-to-Revenue 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.

Nichia Steel Works Debt-to-Revenue Chart

Nichia Steel Works Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.24 0.21 0.19 0.17

Nichia Steel Works Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Revenue 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 0.16 0.17 0.17 0.14 0.13

Competitive Comparison of Nichia Steel Works's Debt-to-Revenue

For the Tools & Accessories subindustry, Nichia Steel Works's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Nichia Steel Works's Debt-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nichia Steel Works's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Nichia Steel Works's Debt-to-Revenue falls into.



Nichia Steel Works Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Nichia Steel Works's Debt-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2812.4 + 3120) / 34075.193
=0.17

Nichia Steel Works's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2050 + 2537.15) / 36214.352
=0.13

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.


Nichia Steel Works Debt-to-Revenue Related Terms

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Nichia Steel Works (TSE:5658) Business Description

Traded in Other Exchanges
N/A
Address
6-74 Doui, Hyogo, Amagasaki, JPN, 660-0083
Nichia Steel Works Ltd is a manufacturer of steel wire products, fasteners and related products. The products are used in various fields such as construction and civil infrastructure. It offers low carbon steel wire products, hard drawn steel wire products, fasteners & special products and other special finished products.

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