Soracom (TSE:147A) Debt-to-Equity : 0.01 (As of Dec. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Soracom Debt-to-Equity?

Soracom's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円12 Mil. Soracom's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円15 Mil. Soracom's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円4,462 Mil. Soracom's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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

TSE:147A' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.01
Current: 0.01

During the past 2 years, the highest Debt-to-Equity Ratio of Soracom was 0.01. The lowest was 0.01. And the median was 0.01.

TSE:147A's Debt-to-Equity is ranked better than
99.95% of 2219 companies
in the Software industry
Industry Median: 0.21 vs TSE:147A: 0.01

Soracom Debt-to-Equity Historical Data

The historical data trend for Soracom'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.

Soracom Debt-to-Equity Chart

Soracom Annual Data

Trend

Mar22

Mar23

Debt-to-Equity

0.01

Soracom Quarterly Data
	Mar22	Mar23	Dec23
Debt-to-Equity	0.01	0.01	0.01

Competitive Comparison of Soracom's Debt-to-Equity

For the Software - Infrastructure subindustry, Soracom'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.

Soracom's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Soracom's Debt-to-Equity distribution charts can be found below:

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

Soracom Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Soracom'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
	=	(8.408	+	16.169)	/	3962.087
	=	0.01

Soracom'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
	=	(11.762	+	14.805)	/	4461.53
	=	0.01

Soracom (TSE:147A) 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.

Soracom Debt-to-Equity Related Terms

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

Soracom (TSE:147A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Soracom Inc (TSE:147A) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3rd floor Ojima building, 4-5-6 Tamagawa, Setagaya-ku, Tokyo, JPN, 158-0094

Website

https://www.soracom.com

Soracom Inc is engaged in development and provision of the IoT platform SORACOM. IoT platform SORACOM provides one-stop IoT devices, communications, applications, etc.

Soracom (TSE:147A) Headlines

No Headlines