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Kuraray Co (TSE:3405) Debt-to-Revenue : 0.35 (As of Mar. 2024)


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What is Kuraray Co Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Kuraray Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円55,398 Mil. Kuraray Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円211,445 Mil. Kuraray Co's annualized Revenue for the quarter that ended in Mar. 2024 was 円768,732 Mil. Kuraray Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.35.


Kuraray Co Debt-to-Revenue Historical Data

The historical data trend for Kuraray Co's Debt-to-Revenue 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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Kuraray Co Debt-to-Revenue Chart

Kuraray Co Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.63 0.49 0.43 0.36

Kuraray Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 0.42 0.37 0.36 0.34 0.35

Competitive Comparison of Kuraray Co's Debt-to-Revenue

For the Chemicals subindustry, Kuraray Co's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Kuraray Co's Debt-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kuraray Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Kuraray Co's Debt-to-Revenue falls into.



Kuraray Co Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Kuraray Co's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(64712 + 217312) / 780938
=0.36

Kuraray Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(55398 + 211445) / 768732
=0.35

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Kuraray Co Debt-to-Revenue Related Terms

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Kuraray Co (TSE:3405) Business Description

Traded in Other Exchanges
Address
Ote Center Building,1-1-3, Otemachi, Chiyoda-ku, Tokyo, JPN, 100-8115
Kuraray Co Ltd manufactures and sells specialty chemicals, fiber, and resin. The firm organizes itself into six segments based on product type. The Vinyl Acetate segment, which generates the most revenue of any segment, sells plastic films and resins for use in the food packaging and electronics industries. The Isoprene segment sells isoprene chemicals, thermoplastic elastomers, and liquid rubber. The Functional Materials segment sells dental materials, while the Fibers and Textiles segment sells fibers for cement and concrete, industrial products for automobiles, and hook and loop fasteners for clothing. The other two segments are Trading, and Other. The majority of revenue comes from Asia.

Kuraray Co (TSE:3405) Headlines

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