Kohnan Shoji Co (TSE:7516) Debt-to-Equity : 1.18 (As of Nov. 2023)

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What is Kohnan Shoji Co Debt-to-Equity?

Kohnan Shoji Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円46,622 Mil. Kohnan Shoji Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円138,140 Mil. Kohnan Shoji Co's Total Stockholders Equity for the quarter that ended in Nov. 2023 was 円156,123 Mil. Kohnan Shoji Co's debt to equity for the quarter that ended in Nov. 2023 was 1.18.

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

TSE:7516' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.04 Med: 1.17 Max: 1.57
Current: 1.17

During the past 13 years, the highest Debt-to-Equity Ratio of Kohnan Shoji Co was 1.57. The lowest was 1.04. And the median was 1.17.

TSE:7516's Debt-to-Equity is ranked worse than
73.13% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs TSE:7516: 1.17

Kohnan Shoji Co Debt-to-Equity Historical Data

The historical data trend for Kohnan Shoji 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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Kohnan Shoji Co Debt-to-Equity Chart

Kohnan Shoji Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-Equity

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1.21

1.10

1.04

1.06

1.17

Kohnan Shoji Co 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															1.06	1.14	1.18	1.18	1.17

Competitive Comparison of Kohnan Shoji Co's Debt-to-Equity

For the Home Improvement Retail subindustry, Kohnan Shoji 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.

Kohnan Shoji Co's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kohnan Shoji Co's Debt-to-Equity distribution charts can be found below:

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

Kohnan Shoji Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kohnan Shoji Co's Debt to Equity Ratio for the fiscal year 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
	=	(54150	+	129954)	/	157256
	=	1.17

Kohnan Shoji Co's Debt to Equity Ratio for the quarter 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
	=	(46622	+	138140)	/	156123
	=	1.18

Kohnan Shoji Co (TSE:7516) 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.

Kohnan Shoji Co Debt-to-Equity Related Terms

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Kohnan Shoji Co (TSE:7516) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kohnan Shoji Co Ltd (TSE:7516) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-2-17 Nishimiyahara, Yodogawa-ku, Osaka, JPN, 532-0004

Website

http://www.hc-kohnan.com

Kohnan Shoji Co Ltd is a Japan-based company that is principally engaged in retail of products related to home improvement, housekeeping, and automotive supplies and accessories. The company operates through three store chains with different styles: Home Center, mainly offering DIY products and household goods to improve consumers' home and life; Homestock, a small-format version of Home Center with original brands EDLP and Lifelex; and Kohnan Pro, providing tools, building materials, and working equipment for professionals. Most of the company's stores are Home Center stores.

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