GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Nihon House Holdings Co Ltd (TSE:1873) » Definitions » Debt-to-Equity

Nihon House Holdings Co (TSE:1873) Debt-to-Equity : 0.73 (As of Jan. 2024)


View and export this data going back to 1988. Start your Free Trial

What is Nihon House Holdings Co Debt-to-Equity?

Nihon House Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円7,801 Mil. Nihon House Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円7,335 Mil. Nihon House Holdings Co's Total Stockholders Equity for the quarter that ended in Jan. 2024 was 円20,762 Mil. Nihon House Holdings Co's debt to equity for the quarter that ended in Jan. 2024 was 0.73.

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 Nihon House Holdings Co's Debt-to-Equity or its related term are showing as below:

TSE:1873' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28   Med: 0.72   Max: 1.54
Current: 0.73

During the past 13 years, the highest Debt-to-Equity Ratio of Nihon House Holdings Co was 1.54. The lowest was 0.28. And the median was 0.72.

TSE:1873's Debt-to-Equity is ranked worse than
64.89% of 94 companies
in the Homebuilding & Construction industry
Industry Median: 0.535 vs TSE:1873: 0.73

Nihon House Holdings Co Debt-to-Equity Historical Data

The historical data trend for Nihon House Holdings 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.

Nihon House Holdings Co Debt-to-Equity Chart

Nihon House Holdings Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.31 0.40 0.52 0.42

Nihon House Holdings Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.79 0.79 0.79 0.42 0.73

Competitive Comparison of Nihon House Holdings Co's Debt-to-Equity

For the Residential Construction subindustry, Nihon House Holdings 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.


Nihon House Holdings Co's Debt-to-Equity Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Nihon House Holdings Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nihon House Holdings Co's Debt-to-Equity falls into.



Nihon House Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nihon House Holdings Co's Debt to Equity Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Nihon House Holdings Co's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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.


Nihon House Holdings Co  (TSE:1873) 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.


Nihon House Holdings Co Debt-to-Equity Related Terms

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


Nihon House Holdings Co (TSE:1873) Business Description

Traded in Other Exchanges
N/A
Address
Iidabashi 4 - chome, Building 3 - 8, Chiyoda - ku, Tokyo, JPN, 102-0072
Nihon House Holdings Co Ltd designs, build and sell wooden houses and condominiums. It is engaged in the construction of residential buildings. It also provides infrastructure and transport permit.

Nihon House Holdings Co (TSE:1873) Headlines

No Headlines