Rinnai Corporation

Tokyo Stock Exchange 5947.T

Rinnai Corporation Debt to Equity Ratio for the year ending March 31, 2024: 0.00

Rinnai Corporation Debt to Equity Ratio is 0.00 for the year ending March 31, 2024, a -100.00% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Rinnai Corporation Debt to Equity Ratio for the year ending March 31, 2023 was 0.01, a 23.10% change year over year.
  • Rinnai Corporation Debt to Equity Ratio for the year ending March 31, 2022 was 0.01, a 19.09% change year over year.
  • Rinnai Corporation Debt to Equity Ratio for the year ending March 31, 2021 was 0.01, a -10.30% change year over year.
  • Rinnai Corporation Debt to Equity Ratio for the year ending March 31, 2020 was 0.01, a 685.25% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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SV Wall Street
Tokyo Stock Exchange: 5947.T

Rinnai Corporation

CEO Mr. Hiroyasu Naito
IPO Date Jan. 1, 2001
Location Japan
Headquarters 2-26, Fukuzumi-cho
Employees 10,837
Sector Energy
Industries
Description

Rinnai Corporation develops, manufactures, and sells heating products in Japan, the United States, Australia, China, South Korea, Indonesia, and internationally. The company offers water heaters, including tankless water heaters and hybrid water heaters, as well as water heaters with bath-filling systems and heating systems, and hot-water units; and kitchen appliances, such as tabletop cookers and stoves, ovens, dishwashers, and a range of hoods and rice cookers, as well as built-in hobs, such as stovetops. It also provides air conditioning appliances comprising fan heaters, fanned flue heaters, fan-forced heaters, and infrared heaters; commercial-use equipment that include ceramic grillers, commercial-use ranges, and rice cookers; and others, which comprise clothes dryers, infrared burners, and components. The company offers its products under the Rinnai brand name. The company was formerly known as Rinnai & Co. and changed its name to Rinnai Corporation in 1971. Rinnai Corporation was founded in 1920 and is headquartered in Nagoya, Japan.

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StockViz Staff

January 31, 2025

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