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Pacific Net Co (TSE:3021) Debt-to-Equity : 1.83 (As of Feb. 2024)


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What is Pacific Net Co Debt-to-Equity?

Pacific Net Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円2,050 Mil. Pacific Net Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円3,218 Mil. Pacific Net Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円2,884 Mil. Pacific Net Co's debt to equity for the quarter that ended in Feb. 2024 was 1.83.

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

TSE:3021' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.62   Max: 1.97
Current: 1.83

During the past 13 years, the highest Debt-to-Equity Ratio of Pacific Net Co was 1.97. The lowest was 0.04. And the median was 0.62.

TSE:3021's Debt-to-Equity is ranked worse than
95.26% of 2192 companies
in the Hardware industry
Industry Median: 0.29 vs TSE:3021: 1.83

Pacific Net Co Debt-to-Equity Historical Data

The historical data trend for Pacific Net 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.

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Pacific Net Co Debt-to-Equity Chart

Pacific Net Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 1.07 0.95 1.31 1.55

Pacific Net Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.51 1.55 1.97 1.80 1.83

Competitive Comparison of Pacific Net Co's Debt-to-Equity

For the Computer Hardware subindustry, Pacific Net 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.


Pacific Net Co's Debt-to-Equity Distribution in the Hardware Industry

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

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



Pacific Net Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pacific Net Co's Debt to Equity Ratio for the fiscal year that ended in May. 2023 is calculated as

Pacific Net Co's Debt to Equity Ratio for the quarter that ended in Feb. 2024 is calculated as

* 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.


Pacific Net Co  (TSE:3021) 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.


Pacific Net Co Debt-to-Equity Related Terms

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


Pacific Net Co (TSE:3021) Business Description

Traded in Other Exchanges
N/A
Address
5-20-14 Mita Suzuki Building 6th Floor, Shiba, Minato-ku, Tokyo, JPN, 108-0014
Pacific Net Co Ltd is engaged in reusing and recycling personal computers (PC) and other information equipment in Japan. It also provides personal computer rental and data erasing services.

Pacific Net Co (TSE:3021) Headlines

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