Nachi-Fujikoshi (TSE:6474) Debt-to-Equity : 0.71 (As of Feb. 2024)

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What is Nachi-Fujikoshi Debt-to-Equity?

Nachi-Fujikoshi's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円67,758 Mil. Nachi-Fujikoshi's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円49,868 Mil. Nachi-Fujikoshi's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円165,209 Mil. Nachi-Fujikoshi's debt to equity for the quarter that ended in Feb. 2024 was 0.71.

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 Nachi-Fujikoshi's Debt-to-Equity or its related term are showing as below:

TSE:6474' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.51 Med: 0.75 Max: 0.99
Current: 0.71

During the past 13 years, the highest Debt-to-Equity Ratio of Nachi-Fujikoshi was 0.99. The lowest was 0.51. And the median was 0.75.

TSE:6474's Debt-to-Equity is ranked worse than
77.12% of 2631 companies
in the Industrial Products industry
Industry Median: 0.29 vs TSE:6474: 0.71

Nachi-Fujikoshi Debt-to-Equity Historical Data

The historical data trend for Nachi-Fujikoshi'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.

Nachi-Fujikoshi Debt-to-Equity Chart

Nachi-Fujikoshi Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Debt-to-Equity

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0.74

0.90

0.71

0.69

0.70

Nachi-Fujikoshi Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.78	0.73	0.70	0.70	0.71

Competitive Comparison of Nachi-Fujikoshi's Debt-to-Equity

For the Tools & Accessories subindustry, Nachi-Fujikoshi'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.

Nachi-Fujikoshi's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Nachi-Fujikoshi Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nachi-Fujikoshi's Debt to Equity Ratio for the fiscal year that ended in Nov. 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
	=	(56239	+	57917)	/	162713
	=	0.70

Nachi-Fujikoshi's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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
	=	(67758	+	49868)	/	165209
	=	0.71

Nachi-Fujikoshi (TSE:6474) 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.

Nachi-Fujikoshi Debt-to-Equity Related Terms

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Nachi-Fujikoshi (TSE:6474) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nachi-Fujikoshi Corp (TSE:6474) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shiodome Sumitomo Building 17th Floor, 1-9-2 Higashi-Shinbasi, Minato-ku, Tokyo, JPN, 105-0021

Website

http://www.nachi-fujikoshi.co.jp

Nachi-Fujikoshi Corp is a Japanese manufacturer of machining tools. The company operates six business segments: bearings, hydraulic equipment, cutting tools, machine tools, robots, and special steels and industrial furnaces. The largest segment by revenue, bearings, offers various forms of ball and roller bearings. The other segments offer drills and mills, broaching machines and power finishers, welding and handling robots, hydraulic valves and pumps, alloys and special steels, coating equipment and services, and thermo-furnace systems.

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