Sinanen Holdings Co (TSE:8132) Debt-to-Equity : 0.12 (As of Dec. 2023)

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What is Sinanen Holdings Co Debt-to-Equity?

Sinanen Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円3,835 Mil. Sinanen Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円2,150 Mil. Sinanen Holdings Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円51,345 Mil. Sinanen Holdings Co's debt to equity for the quarter that ended in Dec. 2023 was 0.12.

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

TSE:8132' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.18 Max: 0.4
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Sinanen Holdings Co was 0.40. The lowest was 0.06. And the median was 0.18.

TSE:8132's Debt-to-Equity is ranked better than
80.36% of 830 companies
in the Oil & Gas industry
Industry Median: 0.45 vs TSE:8132: 0.12

Sinanen Holdings Co Debt-to-Equity Historical Data

The historical data trend for Sinanen Holdings 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.

Sinanen Holdings Co Debt-to-Equity Chart

Sinanen Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.25

0.26

0.15

0.10

0.13

Sinanen Holdings Co 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															0.06	0.13	0.09	0.18	0.12

Competitive Comparison of Sinanen Holdings Co's Debt-to-Equity

For the Oil & Gas Refining & Marketing subindustry, Sinanen Holdings 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.

Sinanen Holdings Co's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sinanen Holdings Co's Debt-to-Equity distribution charts can be found below:

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

Sinanen Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sinanen Holdings Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(3227	+	3712)	/	53614
	=	0.13

Sinanen Holdings 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
	=	(3835	+	2150)	/	51345
	=	0.12

Sinanen Holdings Co (TSE:8132) 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.

Sinanen Holdings Co Debt-to-Equity Related Terms

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Sinanen Holdings Co (TSE:8132) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sinanen Holdings Co Ltd (TSE:8132) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4 No. 22, Coastal chome, Minato-ku, Tokyo, JPN

Website

http://www.sinanen.com

Sinanen Holdings Co Ltd is a Japan-based company. It is engaged in four business segments namely: Petroleum business which involves selling liquefied petroleum gas and operation of gas stations; Electricity business; Solution business which provides support for reducing energy costs and reducing CO2 emissions, and FABHEAT business that involves support safety and security in local areas and generate stable solar power in cold, snowy regions.

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