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Kyushu Railway Co (Kyushu Railway Co) Debt-to-Equity : 0.91 (As of Dec. 2023)


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What is Kyushu Railway Co Debt-to-Equity?

Kyushu Railway Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $563 Mil. Kyushu Railway Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,187 Mil. Kyushu Railway Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,035 Mil. Kyushu Railway Co's debt to equity for the quarter that ended in Dec. 2023 was 0.91.

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

KYYHF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23   Med: 0.37   Max: 0.91
Current: 0.91

During the past 9 years, the highest Debt-to-Equity Ratio of Kyushu Railway Co was 0.91. The lowest was 0.23. And the median was 0.37.

KYYHF's Debt-to-Equity is ranked worse than
65.95% of 881 companies
in the Transportation industry
Industry Median: 0.56 vs KYYHF: 0.91

Kyushu Railway Co Debt-to-Equity Historical Data

The historical data trend for Kyushu Railway 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.

Kyushu Railway Co Debt-to-Equity Chart

Kyushu Railway Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.37 0.67 0.86 0.89 0.91

Kyushu Railway Co 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 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 0.89 0.83 0.85 0.91 0.91

Competitive Comparison of Kyushu Railway Co's Debt-to-Equity

For the Railroads subindustry, Kyushu Railway 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.


Kyushu Railway Co's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kyushu Railway Co's Debt-to-Equity distribution charts can be found below:

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



Kyushu Railway Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kyushu Railway Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Kyushu Railway Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Kyushu Railway Co  (OTCPK:KYYHF) 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.


Kyushu Railway Co Debt-to-Equity Related Terms

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Kyushu Railway Co (Kyushu Railway Co) Business Description

Traded in Other Exchanges
Address
3-25-21 Hakata-ekimae, Hakata-ku, Fukuoka, JPN, 812-8566
Kyushu Railway, or JR Kyushu, is one of seven Japanese railway companies formed when the government privatized Japan Rail in 1987. The rail company services the island of Kyushu, which is just off the South of Japan mainland. Kyushu is colloquially referred to as the 10:10:10 region—covering about 10% of Japan's landmass, housing about 10% of Japan's population and producing about 10% of Japan's gross domestic product. JR Kyushu operates three businesses: rail transportation; real estate and hotels; and construction, retail, restaurants, and business services.