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Takigami Steel Construction Co (TSE:5918) Debt-to-Equity : 0.02 (As of Dec. 2023)


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What is Takigami Steel Construction Co Debt-to-Equity?

Takigami Steel Construction Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Takigami Steel Construction Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円681 Mil. Takigami Steel Construction Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円41,216 Mil. Takigami Steel Construction Co's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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 Takigami Steel Construction Co's Debt-to-Equity or its related term are showing as below:

TSE:5918' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.02
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Takigami Steel Construction Co was 0.02. The lowest was 0.00. And the median was 0.02.

TSE:5918's Debt-to-Equity is ranked better than
95.52% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs TSE:5918: 0.02

Takigami Steel Construction Co Debt-to-Equity Historical Data

The historical data trend for Takigami Steel Construction 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.

Takigami Steel Construction Co Debt-to-Equity Chart

Takigami Steel Construction Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.02 0.02

Takigami Steel Construction 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 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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Takigami Steel Construction Co's Debt-to-Equity

For the Engineering & Construction subindustry, Takigami Steel Construction 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.


Takigami Steel Construction Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Takigami Steel Construction Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Takigami Steel Construction Co's Debt-to-Equity falls into.



Takigami Steel Construction Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Takigami Steel Construction Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Takigami Steel Construction Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Takigami Steel Construction Co  (TSE:5918) 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.


Takigami Steel Construction Co Debt-to-Equity Related Terms

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Takigami Steel Construction Co (TSE:5918) Business Description

Traded in Other Exchanges
N/A
Address
1-1 Shinmei town Handa, Aichi, JPN, 475-0826
Takigami Steel Construction Co., Ltd is engaged in designing, manufacturing, and construction of bridges, steel frames, steel towers, and other steel structures.

Takigami Steel Construction Co (TSE:5918) Headlines

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