Daiwa Tsushin Co (TSE:7116) Debt-to-Equity : 0.28 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Daiwa Tsushin Co Debt-to-Equity?

Daiwa Tsushin Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円191 Mil. Daiwa Tsushin Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円526 Mil. Daiwa Tsushin Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円2,561 Mil. Daiwa Tsushin Co's debt to equity for the quarter that ended in Dec. 2023 was 0.28.

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

TSE:7116' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28 Med: 0.33 Max: 0.47
Current: 0.28

During the past 3 years, the highest Debt-to-Equity Ratio of Daiwa Tsushin Co was 0.47. The lowest was 0.28. And the median was 0.33.

TSE:7116's Debt-to-Equity is ranked better than
58.73% of 916 companies
in the Business Services industry
Industry Median: 0.385 vs TSE:7116: 0.28

Daiwa Tsushin Co Debt-to-Equity Historical Data

The historical data trend for Daiwa Tsushin 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.

Daiwa Tsushin Co Debt-to-Equity Chart

Daiwa Tsushin Co Annual Data

Trend

Mar21

Mar22

Mar23

Debt-to-Equity

0.47

0.44

0.32

Daiwa Tsushin Co Quarterly Data
	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.34	0.32	0.30	0.29	0.28

Competitive Comparison of Daiwa Tsushin Co's Debt-to-Equity

For the Security & Protection Services subindustry, Daiwa Tsushin 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.

Daiwa Tsushin Co's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Daiwa Tsushin Co's Debt-to-Equity distribution charts can be found below:

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

Daiwa Tsushin Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Daiwa Tsushin Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(195.25	+	570.804)	/	2427.297
	=	0.32

Daiwa Tsushin Co'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
	=	(190.815	+	525.95)	/	2560.631
	=	0.28

Daiwa Tsushin Co (TSE:7116) 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.

Daiwa Tsushin Co Debt-to-Equity Related Terms

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

Daiwa Tsushin Co (TSE:7116) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Daiwa Tsushin Co Ltd (TSE:7116) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-180 Irie, Kanazawa-shi, Ishikawa, JPN, 921-8011

Website

https://www.daiwawa.com

Daiwa Tsushin Co Ltd operates in the security business. It is engaged in the planning and sales of security cameras, provision of solutions using face recognition technology and mobile business.

Daiwa Tsushin Co (TSE:7116) Headlines

No Headlines