Kumagai Gumi Co (TSE:1861) Debt-to-Equity : 0.35 (As of Dec. 2023)

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What is Kumagai Gumi Co Debt-to-Equity?

Kumagai Gumi Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円34,930 Mil. Kumagai Gumi Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円26,216 Mil. Kumagai Gumi Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円174,756 Mil. Kumagai Gumi Co's debt to equity for the quarter that ended in Dec. 2023 was 0.35.

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

TSE:1861' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.12 Max: 0.37
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Kumagai Gumi Co was 0.37. The lowest was 0.07. And the median was 0.12.

TSE:1861's Debt-to-Equity is ranked better than
60.69% of 1516 companies
in the Construction industry
Industry Median: 0.44 vs TSE:1861: 0.29

Kumagai Gumi Co Debt-to-Equity Historical Data

The historical data trend for Kumagai Gumi 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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Kumagai Gumi Co Debt-to-Equity Chart

Kumagai Gumi Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.08

0.07

0.13

0.29

Kumagai Gumi 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															0.13	0.13	0.24	0.35	0.29

Competitive Comparison of Kumagai Gumi Co's Debt-to-Equity

For the Engineering & Construction subindustry, Kumagai Gumi 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.

Kumagai Gumi Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kumagai Gumi Co's Debt-to-Equity distribution charts can be found below:

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

Kumagai Gumi Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kumagai Gumi Co'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
	=	(25905	+	26474)	/	180012
	=	0.29

Kumagai Gumi Co'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
	=	(34930	+	26216)	/	174756
	=	0.35

Kumagai Gumi Co (TSE:1861) 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.

Kumagai Gumi Co Debt-to-Equity Related Terms

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Kumagai Gumi Co (TSE:1861) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kumagai Gumi Co Ltd (TSE:1861) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KUG1:Germany

Address

2-1 Tsukudocho, Shinjuku-ku, Tokyo, 162-8557, JPN, 162-8557

Website

http://www.kumagaigumi.co.jp

Kumagai Gumi is a Japanese company that provides services in construction and civil engineering. The company analyzes, designs, and supervises complex construction projects. It also offers engineering and technical services throughout the construction process. These projects include roads, railways, airports, water systems, and other public facilities. In addition, the company is engaged in manufacturing and selling construction materials and machinery. Construction activities account for the majority of revenue. The company generates additional revenue from developing residential and commercial complexes and either operating the building or acting as a broker and selling the real estate.

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