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Sun A.Kaken Co (TSE:4234) Debt-to-Equity : 0.21 (As of Dec. 2023)


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What is Sun A.Kaken Co Debt-to-Equity?

Sun A.Kaken Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円3,770 Mil. Sun A.Kaken Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円530 Mil. Sun A.Kaken Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円20,051 Mil. Sun A.Kaken Co'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 Sun A.Kaken Co's Debt-to-Equity or its related term are showing as below:

TSE:4234' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19   Med: 0.24   Max: 0.32
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of Sun A.Kaken Co was 0.32. The lowest was 0.19. And the median was 0.24.

TSE:4234's Debt-to-Equity is ranked better than
64.31% of 1387 companies
in the Chemicals industry
Industry Median: 0.36 vs TSE:4234: 0.21

Sun A.Kaken Co Debt-to-Equity Historical Data

The historical data trend for Sun A.Kaken 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.

Sun A.Kaken Co Debt-to-Equity Chart

Sun A.Kaken Co 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 0.24 0.30 0.28 0.26 0.26

Sun A.Kaken Co 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 0.24 0.26 0.23 0.22 0.21

Competitive Comparison of Sun A.Kaken Co's Debt-to-Equity

For the Specialty Chemicals subindustry, Sun A.Kaken 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.


Sun A.Kaken Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sun A.Kaken Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sun A.Kaken Co's Debt-to-Equity falls into.



Sun A.Kaken Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sun A.Kaken Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Sun A.Kaken 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.


Sun A.Kaken Co  (TSE:4234) 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.


Sun A.Kaken Co Debt-to-Equity Related Terms

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Sun A.Kaken Co (TSE:4234) Business Description

Traded in Other Exchanges
Address
1-7-4, Nihonbashi Honcho, Chuo-ku, Tokyo, JPN
Sun A.Kaken Company, Limited manufactures and sells various plastic composite products, packaging materials, and industrial materials. The Company's products are used in wrapping materials for medicines and foods, adhesive tapes, and protective films. It's products such as light packaging materials mainly made of paper, plastic, metal foil.

Sun A.Kaken Co (TSE:4234) Headlines

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