ADTEC PLASMA TECHNOLOGY Co (TSE:6668) Debt-to-Equity : 1.26 (As of Feb. 2024)

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What is ADTEC PLASMA TECHNOLOGY Co Debt-to-Equity?

ADTEC PLASMA TECHNOLOGY Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円8,033 Mil. ADTEC PLASMA TECHNOLOGY Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円5,677 Mil. ADTEC PLASMA TECHNOLOGY Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円10,910 Mil. ADTEC PLASMA TECHNOLOGY Co's debt to equity for the quarter that ended in Feb. 2024 was 1.26.

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 ADTEC PLASMA TECHNOLOGY Co's Debt-to-Equity or its related term are showing as below:

TSE:6668' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.55 Med: 0.86 Max: 1.43
Current: 1.26

During the past 13 years, the highest Debt-to-Equity Ratio of ADTEC PLASMA TECHNOLOGY Co was 1.43. The lowest was 0.55. And the median was 0.86.

TSE:6668's Debt-to-Equity is ranked worse than
91.06% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs TSE:6668: 1.26

ADTEC PLASMA TECHNOLOGY Co Debt-to-Equity Historical Data

The historical data trend for ADTEC PLASMA TECHNOLOGY 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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ADTEC PLASMA TECHNOLOGY Co Debt-to-Equity Chart

ADTEC PLASMA TECHNOLOGY Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

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0.70

0.76

0.71

1.03

1.35

ADTEC PLASMA TECHNOLOGY 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															1.27	1.43	1.35	1.27	1.26

Competitive Comparison of ADTEC PLASMA TECHNOLOGY Co's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, ADTEC PLASMA TECHNOLOGY 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.

ADTEC PLASMA TECHNOLOGY Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ADTEC PLASMA TECHNOLOGY Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ADTEC PLASMA TECHNOLOGY Co's Debt-to-Equity falls into.

ADTEC PLASMA TECHNOLOGY Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ADTEC PLASMA TECHNOLOGY Co's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(8328	+	6285)	/	10867
	=	1.34

ADTEC PLASMA TECHNOLOGY Co's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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
	=	(8033	+	5677)	/	10910
	=	1.26

ADTEC PLASMA TECHNOLOGY Co (TSE:6668) 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.

ADTEC PLASMA TECHNOLOGY Co Debt-to-Equity Related Terms

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ADTEC PLASMA TECHNOLOGY Co (TSE:6668) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ADTEC PLASMA TECHNOLOGY Co Ltd (TSE:6668) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

6-10, 5-chome, Hikino-cho, Fukuyama City, Hiroshima, JPN, 721-0942

Website

http://www.adtec-rf.com

ADTEC PLASMA TECHNOLOGY CO., Ltd. is a Japan-based company. It is mainly engaged in the design, manufacture, and sale of radio frequency (RF) plasma generators. Products offered by the company include visual matching unit, visual matching unit, digital RF power tracer, and chamber analyzer.

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