Asahi Yukizai (TSE:4216) Debt-to-Equity : 0.06 (As of Dec. 2023)

View and export this data going back to 1961. Start your Free Trial

What is Asahi Yukizai Debt-to-Equity?

Asahi Yukizai's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円4,200 Mil. Asahi Yukizai's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Asahi Yukizai's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円69,023 Mil. Asahi Yukizai's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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 Asahi Yukizai's Debt-to-Equity or its related term are showing as below:

TSE:4216' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.12
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Asahi Yukizai was 0.12. The lowest was 0.01. And the median was 0.04.

TSE:4216's Debt-to-Equity is ranked better than
87.71% of 1513 companies
in the Construction industry
Industry Median: 0.44 vs TSE:4216: 0.06

Asahi Yukizai Debt-to-Equity Historical Data

The historical data trend for Asahi Yukizai'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.

Asahi Yukizai Debt-to-Equity Chart

Asahi Yukizai Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.06

0.09

0.08

0.05

0.04

Asahi Yukizai 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															0.06	0.04	0.04	0.05	0.06

Competitive Comparison of Asahi Yukizai's Debt-to-Equity

For the Building Products & Equipment subindustry, Asahi Yukizai'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.

Asahi Yukizai's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Asahi Yukizai's Debt-to-Equity distribution charts can be found below:

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

Asahi Yukizai Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Asahi Yukizai'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
	=	(2022	+	203)	/	60613
	=	0.04

Asahi Yukizai'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
	=	(4200	+	0)	/	69023
	=	0.06

Asahi Yukizai (TSE:4216) 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.

Asahi Yukizai Debt-to-Equity Related Terms

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

Asahi Yukizai (TSE:4216) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Asahi Yukizai Corp (TSE:4216) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

20th Floor, World Trade Center Building, 4-1 Hamamatsu-Cho 2-Chome, Minato-Ku, Tokyo, JPN, 105-6120

Website

http://www.asahi-yukizai.co.jp

Asahi Yukizai Corp engages in the manufacture and sale of industrial resins and piping materials. The firm offers synthetic resin piping material for valves, pipes, fittings, and other locations, as well as the Dymatrix high-performance synthetic resin piping material for LCD- and semiconductor-related systems; and foundry materials and functional resins for casting, molding materials, high functional materials, and others. It also engages in the development and supply of water and thermal resources, including well drilling and geothermal exploitation, and hot spring exploitation; design and construction of water utility facilities and reuse of wastewater; industrial water and wastewater treatment; and provision of public sewage facilities.

Asahi Yukizai (TSE:4216) Headlines

No Headlines