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Kaji Technology (TSE:6391) Debt-to-Equity : 0.21 (As of Dec. 2023)


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What is Kaji Technology Debt-to-Equity?

Kaji Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円89 Mil. Kaji Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,375 Mil. Kaji Technology's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円7,044 Mil. Kaji Technology's debt to equity for the quarter that ended in Dec. 2023 was 0.21.

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 Kaji Technology's Debt-to-Equity or its related term are showing as below:

TSE:6391' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.04   Max: 0.24
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of Kaji Technology was 0.24. The lowest was 0.00. And the median was 0.04.

TSE:6391's Debt-to-Equity is ranked better than
58.94% of 2613 companies
in the Industrial Products industry
Industry Median: 0.28 vs TSE:6391: 0.21

Kaji Technology Debt-to-Equity Historical Data

The historical data trend for Kaji Technology'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.

Kaji Technology Debt-to-Equity Chart

Kaji Technology Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - - 0.16 0.22

Kaji Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.23 0.22 0.23 0.22 0.21

Competitive Comparison of Kaji Technology's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Kaji Technology'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.


Kaji Technology's Debt-to-Equity Distribution in the Industrial Products Industry

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

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



Kaji Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kaji Technology's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Kaji Technology's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Kaji Technology  (TSE:6391) 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.


Kaji Technology Debt-to-Equity Related Terms

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


Kaji Technology (TSE:6391) Business Description

Traded in Other Exchanges
N/A
Address
6, Bodai, Mihara-ku, Osaka, Sakai, JPN, 587-0064
Kaji Technology Corp is a Japan-based company that engages in the manufacturer of air and gas compressors, textile machinery, cast iron products, and weldments. Its offerings include gas compressors, CNG compressors, monitoring systems, PET blowing as well as gas handling equipment.

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