GSI Creos (TSE:8101) Debt-to-Equity : 0.41 (As of Dec. 2023)

View and export this data going back to 1973. Start your Free Trial

What is GSI Creos Debt-to-Equity?

GSI Creos's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円10,248 Mil. GSI Creos's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,080 Mil. GSI Creos's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円27,360 Mil. GSI Creos's debt to equity for the quarter that ended in Dec. 2023 was 0.41.

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 GSI Creos's Debt-to-Equity or its related term are showing as below:

TSE:8101' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41 Med: 0.75 Max: 1.39
Current: 0.41

During the past 13 years, the highest Debt-to-Equity Ratio of GSI Creos was 1.39. The lowest was 0.41. And the median was 0.75.

TSE:8101's Debt-to-Equity is ranked better than
52.68% of 932 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.43 vs TSE:8101: 0.41

GSI Creos Debt-to-Equity Historical Data

The historical data trend for GSI Creos'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.

GSI Creos Debt-to-Equity Chart

GSI Creos Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.76

0.75

0.53

0.51

0.56

GSI Creos 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															0.53	0.56	0.46	0.41	0.41

Competitive Comparison of GSI Creos's Debt-to-Equity

For the Textile Manufacturing subindustry, GSI Creos'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.

GSI Creos's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, GSI Creos's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where GSI Creos's Debt-to-Equity falls into.

GSI Creos Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GSI Creos'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
	=	(13100	+	1534)	/	25928
	=	0.56

GSI Creos'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
	=	(10248	+	1080)	/	27360
	=	0.41

GSI Creos (TSE:8101) 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.

GSI Creos Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of GSI Creos's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

GSI Creos (TSE:8101) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » GSI Creos Corp (TSE:8101) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Two-chome, 3-1 Kudan-minami, Tokyo, JPN

Website

http://www.gsi.co.jp

GSI Creos Corp is a Japan based company engaged in the business of textile materials, industrial products, and nanotechnology. The products of the company include innerwear, outerwear, women's casual brand, composite molded article, and functional base paper.

GSI Creos (TSE:8101) Headlines

No Headlines