Santec Holdings (TSE:6777) Debt-to-Equity : 0.13 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Santec Holdings Debt-to-Equity?

Santec Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円248 Mil. Santec Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,779 Mil. Santec Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円15,929 Mil. Santec Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.13.

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

TSE:6777' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.11 Max: 0.11
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Santec Holdings was 0.11. The lowest was 0.08. And the median was 0.11.

TSE:6777's Debt-to-Equity is ranked better than
69.49% of 2193 companies
in the Hardware industry
Industry Median: 0.28 vs TSE:6777: 0.11

Santec Holdings Debt-to-Equity Historical Data

The historical data trend for Santec Holdings'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.

Santec Holdings Debt-to-Equity Chart

Santec Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.11

0.08

0.11

Santec Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.08	0.07	0.07	0.13	0.11

Competitive Comparison of Santec Holdings's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, Santec Holdings'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.

Santec Holdings's Debt-to-Equity Distribution in the Hardware Industry

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

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

Santec Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Santec Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(253.472	+	1717.61)	/	17735.76
	=	0.11

Santec Holdings'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
	=	(247.512	+	1779.488)	/	15928.561
	=	0.13

Santec Holdings (TSE:6777) 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.

Santec Holdings Debt-to-Equity Related Terms

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

Santec Holdings (TSE:6777) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Santec Holdings Corp (TSE:6777) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

8AU:Germany

Address

Photonics Valley Ohkusa Campus, 5823 Ohkusa-Nenjyozaka, Aichi, Komaki, JPN, 485-0802

Website

https://www.santec.com

Santec Holdings Corp develops, manufactures and sells optical parts and optical measuring instruments. It operates in three segments namely the optical parts segment, the optical measuring instruments segment & the system solution segments. The company's product has application in White Papers, Optical Communication, Medical Imaging, Opto-electronics, Optical Instruments and AV Cable.

Santec Holdings (TSE:6777) Headlines

No Headlines