Kawasaki Kisen Kaisha (Kawasaki Kisen Kaisha) Debt-to-Equity : 0.21 (As of Dec. 2023)

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What is Kawasaki Kisen Kaisha Debt-to-Equity?

Kawasaki Kisen Kaisha's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $675 Mil. Kawasaki Kisen Kaisha's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,543 Mil. Kawasaki Kisen Kaisha's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $10,477 Mil. Kawasaki Kisen Kaisha's debt to equity for the quarter that ended in Dec. 2023 was 0.21.

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

KAIKY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 1.89 Max: 5.35
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of Kawasaki Kisen Kaisha was 5.35. The lowest was 0.18. And the median was 1.89.

KAIKY's Debt-to-Equity is ranked better than
80.16% of 882 companies
in the Transportation industry
Industry Median: 0.565 vs KAIKY: 0.18

Kawasaki Kisen Kaisha Debt-to-Equity Historical Data

The historical data trend for Kawasaki Kisen 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.

Kawasaki Kisen Kaisha Debt-to-Equity Chart

Kawasaki Kisen Kaisha Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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5.35

2.32

0.47

0.23

0.18

Kawasaki Kisen Kaisha Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.23	0.21	0.21	0.21	0.18

Competitive Comparison of Kawasaki Kisen Kaisha's Debt-to-Equity

For the Marine Shipping subindustry, Kawasaki Kisen 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.

Kawasaki Kisen Kaisha's Debt-to-Equity Distribution in the Transportation Industry

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

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

Kawasaki Kisen Kaisha Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kawasaki Kisen Kaisha'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
	=	(407.78	+	1513.076)	/	10625.67
	=	0.18

Kawasaki Kisen 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
	=	(675.045	+	1543.33)	/	10477.214
	=	0.21

Kawasaki Kisen Kaisha (OTCPK:KAIKY) 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.

Kawasaki Kisen Kaisha Debt-to-Equity Related Terms

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Kawasaki Kisen Kaisha (Kawasaki Kisen Kaisha) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kawasaki Kisen Kaisha Ltd (OTCPK:KAIKY) » Definitions » Debt-to-Equity

Traded in Other Exchanges

KAKKF:USA 9107:Japan KLI:Germany

Address

Iino Building, 2-1-1, Uchisaiwaicho, Chiyoda-Ku, Tokyo, JPN, 100-8540

Website

http://www.kline.co.jp

Kawasaki Kisen Kaisha Ltd is a transportation company domiciled in Japan. The company organizes itself into four segments: containership, bulk shipping, offshore energy E&P support and heavy lifter, and others. The containership segment, which generates the largest portion of revenue, transports shipping containers and provides logistics solutions. Bulk shipping, the next most significant segment, transports dry bulk, automobiles, liquefied natural gas, and oil. Containership and bulk shipping together generate the vast majority of revenue.

Kawasaki Kisen Kaisha (Kawasaki Kisen Kaisha) Headlines

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