Hyoki Kaiun Kaisha (TSE:9362) Debt-to-Equity : 1.30 (As of Dec. 2023)

View and export this data going back to 1964. Start your Free Trial

What is Hyoki Kaiun Kaisha Debt-to-Equity?

Hyoki Kaiun Kaisha's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円2,490 Mil. Hyoki Kaiun Kaisha's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円3,541 Mil. Hyoki Kaiun Kaisha's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円4,639 Mil. Hyoki Kaiun Kaisha's debt to equity for the quarter that ended in Dec. 2023 was 1.30.

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 Hyoki Kaiun Kaisha's Debt-to-Equity or its related term are showing as below:

TSE:9362' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.3 Med: 2.52 Max: 5.34
Current: 1.3

During the past 13 years, the highest Debt-to-Equity Ratio of Hyoki Kaiun Kaisha was 5.34. The lowest was 1.30. And the median was 2.52.

TSE:9362's Debt-to-Equity is ranked worse than
77.07% of 881 companies
in the Transportation industry
Industry Median: 0.56 vs TSE:9362: 1.30

Hyoki Kaiun Kaisha Debt-to-Equity Historical Data

The historical data trend for Hyoki Kaiun Kaisha'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.

Hyoki Kaiun Kaisha Debt-to-Equity Chart

Hyoki Kaiun Kaisha Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

2.11

2.73

2.08

2.00

1.60

Hyoki Kaiun Kaisha 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															1.66	1.60	1.59	1.44	1.30

Competitive Comparison of Hyoki Kaiun Kaisha's Debt-to-Equity

For the Marine Shipping subindustry, Hyoki Kaiun Kaisha'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.

Hyoki Kaiun Kaisha's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hyoki Kaiun Kaisha's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hyoki Kaiun Kaisha's Debt-to-Equity falls into.

Hyoki Kaiun Kaisha Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hyoki Kaiun Kaisha'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
	=	(2884	+	3510)	/	3999
	=	1.60

Hyoki Kaiun Kaisha'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
	=	(2490	+	3541)	/	4639
	=	1.30

Hyoki Kaiun Kaisha (TSE:9362) 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.

Hyoki Kaiun Kaisha Debt-to-Equity Related Terms

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

Hyoki Kaiun Kaisha (TSE:9362) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hyoki Kaiun Kaisha Ltd (TSE:9362) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Chome, 6 places 1, Hong Kong Island, Kobe, JPN, 650 0045

Website

http://www.hyoki.co.jp

Hyoki Kaiun Kaisha, Ltd. is a Japan-based company engaged in the provision of shipping services. Its business activities include domestic shipping, international shipping, port transportation, warehousing, customs clearance, international multimodal transport services and trade substitution, among others. The organization has a business presence in Japan and other countries.

Hyoki Kaiun Kaisha (TSE:9362) Headlines

No Headlines