Oki Electric Industry Co (Oki Electric Industry Co) Debt-to-Equity : 1.19 (As of Dec. 2023)

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What is Oki Electric Industry Co Debt-to-Equity?

Oki Electric Industry Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $586 Mil. Oki Electric Industry Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $291 Mil. Oki Electric Industry Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $738 Mil. Oki Electric Industry Co's debt to equity for the quarter that ended in Dec. 2023 was 1.19.

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 Oki Electric Industry Co's Debt-to-Equity or its related term are showing as below:

OKIEF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.69 Med: 0.93 Max: 1.46
Current: 1.19

During the past 13 years, the highest Debt-to-Equity Ratio of Oki Electric Industry Co was 1.46. The lowest was 0.69. And the median was 0.93.

OKIEF's Debt-to-Equity is ranked worse than
90.31% of 2199 companies
in the Hardware industry
Industry Median: 0.28 vs OKIEF: 1.19

Oki Electric Industry Co Debt-to-Equity Historical Data

The historical data trend for Oki Electric Industry 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.

Oki Electric Industry Co Debt-to-Equity Chart

Oki Electric Industry Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.93

0.92

0.85

0.90

1.26

Oki Electric Industry 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															1.28	1.26	1.17	1.21	1.19

Competitive Comparison of Oki Electric Industry Co's Debt-to-Equity

For the Communication Equipment subindustry, Oki Electric Industry 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.

Oki Electric Industry Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Oki Electric Industry Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Oki Electric Industry Co's Debt-to-Equity falls into.

Oki Electric Industry Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Oki Electric Industry 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
	=	(648.745	+	285.589)	/	742.225
	=	1.26

Oki Electric Industry 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
	=	(585.999	+	290.697)	/	737.942
	=	1.19

Oki Electric Industry Co (OTCPK:OKIEF) 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.

Oki Electric Industry Co Debt-to-Equity Related Terms

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Oki Electric Industry Co (Oki Electric Industry Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Oki Electric Industry Co Ltd (OTCPK:OKIEF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

6703:Japan OKI:Germany

Address

1-7-12 Toranomon, Minato-ku, Tokyo, JPN, 105-8460

Website

http://www.oki.com

Oki Electric Industry Co Ltd is a Japanese manufacturer of telecommunications and printer products to telecommunication carriers, financial institutions, government agencies, and corporations. Its business is organized by product line into: information and communication technology, including traffic infrastructure-, disaster-, and self defense-related systems; mechatronics systems, including ATMs, cash handling equipment, and bank branch terminals; printers, including color printers, wide-format inkjets, and multifunction printers; and electronics manufacturing services for industrial, medical, and communications equipment.

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