Parker Corporation

Tokyo Stock Exchange 9845.T

Parker Corporation Debt to Equity Ratio for the year ending March 31, 2024: 0.14

Parker Corporation Debt to Equity Ratio is 0.14 for the year ending March 31, 2024, a -8.33% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Parker Corporation Debt to Equity Ratio for the year ending March 31, 2023 was 0.15, a -2.16% change year over year.
Parker Corporation Debt to Equity Ratio for the year ending March 31, 2022 was 0.15, a -0.09% change year over year.
Parker Corporation Debt to Equity Ratio for the year ending March 31, 2021 was 0.15, a -7.30% change year over year.
Parker Corporation Debt to Equity Ratio for the year ending March 31, 2020 was 0.17, a -18.73% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Tokyo Stock Exchange: 9845.T

Parker Corporation

CEO	Mr. Yoshishige Satomi
IPO Date	March 23, 2005
Location	Japan
Headquarters	2-1-1 Nihonbashi
Employees	2,217
Sector	Consumer Discretionary
Industries Automotive Parts Automobiles & Vehicles Chemicals & Advanced Materials Cleaning Supplies Composite Materials Hardware & Electronics Petrochemicals Plastics

Description

Parker Corporation provides product development, manufacturing, sales, and technical services for the automobiles, electrical machinery, chemicals, steel, electronics, food, etc. industries in Japan and internationally. The company imports and sells machinery and equipment for use in automobile, food, shoemaking, and chemical industries. It also develops, manufactures, and sells fine chemicals for industrial use, such as cleaning agents, rust prevention, etc.; and chemical products centered on advanced chemicals, such as electronics and printing, as well as special chemicals for the aftermarket of car, railways, and aircraft. In addition, the company develops and sells industrial sealing materials and adhesives; and manufactures and sells soundproofing materials for automobile and air conditioners. Further, it develops, designs, manufactures, and sells industrial machinery. The company was formerly known as Parker Shoji Co., Ltd. and changed its name to Parker Corporation in August 1988. Parker Corporation was founded in 1951 and is headquartered in Tokyo, Japan.

Key trends

Past 5 years