Nippon Shinyaku Co (TSE:4516) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Nippon Shinyaku Co Debt-to-Equity?

Nippon Shinyaku Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,297 Mil. Nippon Shinyaku Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円751 Mil. Nippon Shinyaku Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円215,007 Mil. Nippon Shinyaku Co's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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

TSE:4516' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.02
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Nippon Shinyaku Co was 0.02. The lowest was 0.01. And the median was 0.01.

TSE:4516's Debt-to-Equity is ranked better than
99.88% of 854 companies
in the Drug Manufacturers industry
Industry Median: 0.29 vs TSE:4516: 0.01

Nippon Shinyaku Co Debt-to-Equity Historical Data

The historical data trend for Nippon Shinyaku 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.

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Nippon Shinyaku Co Debt-to-Equity Chart

Nippon Shinyaku Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.02

0.01

Nippon Shinyaku 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															0.01	0.01	0.01	0.01	0.01

Competitive Comparison of Nippon Shinyaku Co's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Nippon Shinyaku 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.

Nippon Shinyaku Co's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Nippon Shinyaku Co's Debt-to-Equity distribution charts can be found below:

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

Nippon Shinyaku Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nippon Shinyaku Co'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
	=	(1516	+	1148)	/	195624
	=	0.01

Nippon Shinyaku Co'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
	=	(1297	+	751)	/	215007
	=	0.01

Nippon Shinyaku Co (TSE:4516) 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.

Nippon Shinyaku Co Debt-to-Equity Related Terms

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Nippon Shinyaku Co (TSE:4516) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Nippon Shinyaku Co Ltd (TSE:4516) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NPPNY:USA

Address

14, Nishinosho-Monguchi-cho, Kisshoin, Minami-ku, Kyoto, JPN, 601-8550

Website

http://www.nippon-shinyaku.co.jp

Nippon Shinyaku Co Ltd is a specialty and generic drug manufacturing company. Nippon's research and development activities include a focus on pharmaceuticals, nutraceuticals, safety and pharmacokinetics of drug seeds, genomic drug discovery, and nucleic acid drugs. The company also develops health food ingredients, preservatives, protein preparations, and spices. Nippon considers merger and acquisition investment as a potential component of its operational growth strategy for expanding its research, development, manufacturing, and marketing capabilities.

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