Shinnihonseiyaku Co (TSE:4931) Debt-to-Equity : 0.02 (As of Mar. 2024)

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What is Shinnihonseiyaku Co Debt-to-Equity?

Shinnihonseiyaku Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円182 Mil. Shinnihonseiyaku Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円165 Mil. Shinnihonseiyaku Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円20,366 Mil. Shinnihonseiyaku Co's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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

TSE:4931' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.08 Max: 0.54
Current: 0.02

During the past 7 years, the highest Debt-to-Equity Ratio of Shinnihonseiyaku Co was 0.54. The lowest was 0.02. And the median was 0.08.

TSE:4931's Debt-to-Equity is ranked better than
97.1% of 1000 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs TSE:4931: 0.02

Shinnihonseiyaku Co Debt-to-Equity Historical Data

The historical data trend for Shinnihonseiyaku 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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Shinnihonseiyaku Co Debt-to-Equity Chart

Shinnihonseiyaku Co Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.09

0.07

0.14

0.10

0.02

Shinnihonseiyaku 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															0.03	0.03	0.02	0.02	0.02

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

For the Specialty Retail subindustry, Shinnihonseiyaku 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.

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

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

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

Shinnihonseiyaku Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shinnihonseiyaku Co's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(192	+	254)	/	19659
	=	0.02

Shinnihonseiyaku Co's Debt to Equity Ratio for the quarter 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
	=	(182	+	165)	/	20366
	=	0.02

Shinnihonseiyaku Co (TSE:4931) 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.

Shinnihonseiyaku Co Debt-to-Equity Related Terms

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Shinnihonseiyaku Co (TSE:4931) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shinnihonseiyaku Co Ltd (TSE:4931) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chuo-ku Otemon 1-Chome 4-7, Fukuoka City, JPN, 810-0074

Website

https://corporate.shinnihonseiyaku.co.jp

Shinnihonseiyaku Co Ltd is a Japanese based company involved in the business of cosmetics, medicines and health foods. It operates under one brand name such as Perfect One under Cosmetics business, It offers medicines for warts and rough skin also curing sudden muscle spasms.

Shinnihonseiyaku Co (TSE:4931) Headlines

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