GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chuo Seisakusho Ltd (NGO:6846) » Definitions » Debt-to-Equity

Chuo Seisakusho (NGO:6846) Debt-to-Equity : 0.38 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Chuo Seisakusho Debt-to-Equity?

Chuo Seisakusho's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円740 Mil. Chuo Seisakusho's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Chuo Seisakusho's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円1,934 Mil. Chuo Seisakusho's debt to equity for the quarter that ended in Dec. 2023 was 0.38.

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 Chuo Seisakusho's Debt-to-Equity or its related term are showing as below:

NGO:6846' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32   Med: 0.37   Max: 0.53
Current: 0.38

During the past 13 years, the highest Debt-to-Equity Ratio of Chuo Seisakusho was 0.53. The lowest was 0.32. And the median was 0.37.

NGO:6846's Debt-to-Equity is ranked worse than
58.12% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs NGO:6846: 0.38

Chuo Seisakusho Debt-to-Equity Historical Data

The historical data trend for Chuo Seisakusho'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.

Chuo Seisakusho Debt-to-Equity Chart

Chuo Seisakusho Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.33 0.34 0.35 0.40

Chuo Seisakusho 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 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 0.41 0.40 0.41 0.37 0.38

Competitive Comparison of Chuo Seisakusho's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Chuo Seisakusho'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.


Chuo Seisakusho's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chuo Seisakusho's Debt-to-Equity distribution charts can be found below:

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



Chuo Seisakusho Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chuo Seisakusho's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Chuo Seisakusho'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.


Chuo Seisakusho  (NGO:6846) 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.


Chuo Seisakusho Debt-to-Equity Related Terms

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


Chuo Seisakusho (NGO:6846) Business Description

Traded in Other Exchanges
N/A
Address
24, No. 1 Uchihama Town, Mizuho-ku, Nagoya, JPN
Chuo Seisakusho is engaged as a manufacturer of electrical equipment in Japan. It has number of environmental equipments, such as electric resistance welding machine, electrolytic machining, surface treatment equipment & various types of power equipment.

Chuo Seisakusho (NGO:6846) Headlines

No Headlines