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Daimaru Enawin Co (TSE:9818) Debt-to-Equity : 0.17 (As of Dec. 2023)


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What is Daimaru Enawin Co Debt-to-Equity?

Daimaru Enawin Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円922 Mil. Daimaru Enawin Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,407 Mil. Daimaru Enawin Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円13,720 Mil. Daimaru Enawin Co'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 Daimaru Enawin Co's Debt-to-Equity or its related term are showing as below:

TSE:9818' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.06   Max: 0.21
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Daimaru Enawin Co was 0.21. The lowest was 0.03. And the median was 0.06.

TSE:9818's Debt-to-Equity is ranked better than
84.41% of 481 companies
in the Utilities - Regulated industry
Industry Median: 0.88 vs TSE:9818: 0.17

Daimaru Enawin Co Debt-to-Equity Historical Data

The historical data trend for Daimaru Enawin 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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Daimaru Enawin Co Debt-to-Equity Chart

Daimaru Enawin 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 0.03 0.20 0.18 0.15 0.15

Daimaru Enawin 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 0.17 0.15 0.20 0.17 0.17

Competitive Comparison of Daimaru Enawin Co's Debt-to-Equity

For the Utilities - Regulated Gas subindustry, Daimaru Enawin 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.


Daimaru Enawin Co's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Daimaru Enawin Co's Debt-to-Equity distribution charts can be found below:

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



Daimaru Enawin Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Daimaru Enawin 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.


Daimaru Enawin Co  (TSE:9818) 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.


Daimaru Enawin Co Debt-to-Equity Related Terms

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Daimaru Enawin Co (TSE:9818) Business Description

Traded in Other Exchanges
N/A
Address
Midorigi 1-4-39, Suminoe District, Osaka, JPN, 559-0022
Daimaru Enawin Co Ltd is mainly engaged in the sale of liquefied petroleum gas (LPG) in Japan. Its petroleum products include kerosene, light oil, and heavy oil. It also sells gas appliances, system kitchens, air conditioning equipment, household electric appliances, and solar systems; medical gases, home medical oxygen, and medical equipment; and industrial gases, welding and fusing equipment, welding materials, and industrial equipment.

Daimaru Enawin Co (TSE:9818) Headlines

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