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Kyokuto Boeki Kaisha (TSE:8093) Debt-to-Equity : 0.17 (As of Dec. 2023)


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What is Kyokuto Boeki Kaisha Debt-to-Equity?

Kyokuto Boeki Kaisha's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円4,015 Mil. Kyokuto Boeki Kaisha's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円255 Mil. Kyokuto Boeki Kaisha's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円24,567 Mil. Kyokuto Boeki Kaisha's debt to equity for the quarter that ended in Dec. 2023 was 0.17.

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 Kyokuto Boeki Kaisha's Debt-to-Equity or its related term are showing as below:

TSE:8093' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13   Med: 0.22   Max: 0.73
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Kyokuto Boeki Kaisha was 0.73. The lowest was 0.13. And the median was 0.22.

TSE:8093's Debt-to-Equity is ranked better than
63.7% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs TSE:8093: 0.17

Kyokuto Boeki Kaisha Debt-to-Equity Historical Data

The historical data trend for Kyokuto Boeki Kaisha'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.

Kyokuto Boeki Kaisha Debt-to-Equity Chart

Kyokuto Boeki Kaisha 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 0.17 0.23 0.19 0.20 0.15

Kyokuto Boeki Kaisha 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 0.18 0.15 0.15 0.14 0.17

Competitive Comparison of Kyokuto Boeki Kaisha's Debt-to-Equity

For the Electronics & Computer Distribution subindustry, Kyokuto Boeki Kaisha'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.


Kyokuto Boeki Kaisha's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kyokuto Boeki Kaisha's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kyokuto Boeki Kaisha's Debt-to-Equity falls into.



Kyokuto Boeki Kaisha Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kyokuto Boeki Kaisha's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Kyokuto Boeki Kaisha'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.


Kyokuto Boeki Kaisha  (TSE:8093) 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.


Kyokuto Boeki Kaisha Debt-to-Equity Related Terms

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Kyokuto Boeki Kaisha (TSE:8093) Business Description

Traded in Other Exchanges
N/A
Address
2, No. 1-chome, Otemachi, Chiyoda-ku, Tokyo, JPN
Kyokuto Boeki Kaisha Ltd is engaged in the import and export engineered goods. The company is also involved in providing repair and maintenance services related to machinery and equipment facilities.

Kyokuto Boeki Kaisha (TSE:8093) Headlines

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