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Aishida Co (SZSE:002403) Debt-to-Equity : 0.99 (As of Mar. 2024)


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What is Aishida Co Debt-to-Equity?

Aishida Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,309 Mil. Aishida Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥374 Mil. Aishida Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,699 Mil. Aishida Co's debt to equity for the quarter that ended in Mar. 2024 was 0.99.

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

SZSE:002403' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13   Med: 0.58   Max: 0.99
Current: 0.99

During the past 13 years, the highest Debt-to-Equity Ratio of Aishida Co was 0.99. The lowest was 0.13. And the median was 0.58.

SZSE:002403's Debt-to-Equity is ranked worse than
67.27% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs SZSE:002403: 0.99

Aishida Co Debt-to-Equity Historical Data

The historical data trend for Aishida 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.

* Premium members only.

Aishida Co Debt-to-Equity Chart

Aishida Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.75 0.76 0.83 0.92

Aishida 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-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 0.82 0.82 0.89 0.92 0.99

Competitive Comparison of Aishida Co's Debt-to-Equity

For the Specialty Retail subindustry, Aishida 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.


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

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

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



Aishida Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aishida Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Aishida Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Aishida Co  (SZSE:002403) 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.


Aishida Co Debt-to-Equity Related Terms

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Aishida Co (SZSE:002403) Business Description

Traded in Other Exchanges
N/A
Address
Development Zone, Wenling, Zhejiang, CHN, 317500
Aishida Co Ltd is a China-based company engaged in the manufacture and distribution of cookware and automotive components. It also offers mechanical parts, general parts, kitchen and bathroom products, metal composites, chemical products.

Aishida Co (SZSE:002403) Headlines

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