Casio Computer Co (Casio Computer Co) Debt-to-Equity : 0.23 (As of Dec. 2023)

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What is Casio Computer Co Debt-to-Equity?

Casio Computer Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2 Mil. Casio Computer Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $344 Mil. Casio Computer Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,518 Mil. Casio Computer Co's debt to equity for the quarter that ended in Dec. 2023 was 0.23.

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

CSIOF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.34 Max: 0.53
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Casio Computer Co was 0.53. The lowest was 0.22. And the median was 0.34.

CSIOF's Debt-to-Equity is ranked better than
56.92% of 2196 companies
in the Hardware industry
Industry Median: 0.28 vs CSIOF: 0.23

Casio Computer Co Debt-to-Equity Historical Data

The historical data trend for Casio Computer 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.

Casio Computer Co Debt-to-Equity Chart

Casio Computer Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.33

0.31

0.25

0.23

0.22

Casio Computer 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															0.23	0.22	0.22	0.22	0.23

Competitive Comparison of Casio Computer Co's Debt-to-Equity

For the Consumer Electronics subindustry, Casio Computer 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.

Casio Computer Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Casio Computer Co's Debt-to-Equity distribution charts can be found below:

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

Casio Computer Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Casio Computer 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
	=	(192.565	+	179.554)	/	1657.885
	=	0.22

Casio Computer 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
	=	(1.604	+	343.794)	/	1517.855
	=	0.23

Casio Computer Co (OTCPK:CSIOF) 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.

Casio Computer Co Debt-to-Equity Related Terms

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Casio Computer Co (Casio Computer Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Casio Computer Co Ltd (OTCPK:CSIOF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CSIOY:USA 6952:Japan CAC1:Germany

Address

6-2, Hon-machi 1-chome, Shibuya-ku, Tokyo, JPN, 151-8543

Website

http://www.casio.jp

Casio Computer is well-known as a watch and calculator manufacturer. Casio, founded in 1957, has cultivated the consumer electronics market by inventing distinctive products. Milestones in its history include the Casio Mini (1972), the world's first personal electronic calculator; G-Shock (1983), a shock-resistant wristwatch; and QV-10 (1995), the world's first digital camera with an LCD display. Approximately 60% of its revenue and most of its profits are from the timepieces segment.