NGK Insulators (NGO:5333) Debt-to-Equity : 0.40 (As of Dec. 2023)

View and export this data going back to 1949. Start your Free Trial

What is NGK Insulators Debt-to-Equity?

NGK Insulators's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円49,735 Mil. NGK Insulators's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円214,768 Mil. NGK Insulators's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円661,510 Mil. NGK Insulators's debt to equity for the quarter that ended in Dec. 2023 was 0.40.

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 NGK Insulators's Debt-to-Equity or its related term are showing as below:

NGO:5333' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37 Med: 0.42 Max: 0.52
Current: 0.37

During the past 13 years, the highest Debt-to-Equity Ratio of NGK Insulators was 0.52. The lowest was 0.37. And the median was 0.42.

NGO:5333's Debt-to-Equity is ranked worse than
56.62% of 2619 companies
in the Industrial Products industry
Industry Median: 0.29 vs NGO:5333: 0.37

NGK Insulators Debt-to-Equity Historical Data

The historical data trend for NGK Insulators'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.

NGK Insulators Debt-to-Equity Chart

NGK Insulators Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.51

0.52

0.43

0.40

0.37

NGK Insulators Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.40	0.38	0.37	0.40	0.37

Competitive Comparison of NGK Insulators's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, NGK Insulators'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.

NGK Insulators's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

NGK Insulators Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NGK Insulators's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(52239	+	207086)	/	696277
	=	0.37

NGK Insulators's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(49735	+	214768)	/	661510
	=	0.40

NGK Insulators (NGO:5333) 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.

NGK Insulators Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of NGK Insulators's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

NGK Insulators (NGO:5333) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NGK Insulators Ltd (NGO:5333) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NGKIF:USA 5333:Japan NGI:Germany

Address

2-56 Suda-cho, Mizuho, Nagoya, JPN, 467-8530

Website

http://www.ngk.co.jp

NGK Insulators Ltd manufactures and sells electric power-related equipment, including insulators, industrial ceramic and copper products, and components connected to plant engineering. The company operates three business segments: electronics, power, and ceramic products (majority of total revenue). NGK's solutions help ensure a stable supply of electricity and attempt to reduce customers' energy emissions. The product portfolio consisting of insulators, batteries, ceramic apparatuses, and technologies can help purify, analyze, transform, and provide safer conditions. Approximately half of total revenue derive from Asia, with the remainder split between North America, Europe, and other regions.

NGK Insulators (NGO:5333) Headlines

No Headlines