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Airtech Japan (TSE:6291) Debt-to-Equity : 0.04 (As of Dec. 2023)


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What is Airtech Japan Debt-to-Equity?

Airtech Japan's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円337 Mil. Airtech Japan's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円205 Mil. Airtech Japan's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円14,108 Mil. Airtech Japan's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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

TSE:6291' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.06   Max: 0.32
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Airtech Japan was 0.32. The lowest was 0.04. And the median was 0.06.

TSE:6291's Debt-to-Equity is ranked better than
86.74% of 2624 companies
in the Industrial Products industry
Industry Median: 0.29 vs TSE:6291: 0.04

Airtech Japan Debt-to-Equity Historical Data

The historical data trend for Airtech Japan'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.

Airtech Japan Debt-to-Equity Chart

Airtech Japan Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.07 0.05 0.04

Airtech Japan 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 0.05 0.05 0.04 0.04 0.04

Competitive Comparison of Airtech Japan's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, Airtech Japan'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.


Airtech Japan's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Airtech Japan's Debt-to-Equity distribution charts can be found below:

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



Airtech Japan Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Airtech Japan's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Airtech Japan'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.


Airtech Japan  (TSE:6291) 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.


Airtech Japan Debt-to-Equity Related Terms

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Airtech Japan (TSE:6291) Business Description

Traded in Other Exchanges
N/A
Address
No. 14, Iriya 1 - chome, Taito-ku, Tokyo, JPN, 110-8686
Airtech Japan Ltd is engaged as a manufacturer of clean air system, manufacture and sell clean room, clean bench, and biohazard system. The products of the company include sterile operating room, dust removal air shower, double air shower, and air knife type pass box.

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