Hitachi Transport System (Hitachi Transport System) Debt-to-Equity : 2.15 (As of Dec. 2022)

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What is Hitachi Transport System Debt-to-Equity?

Hitachi Transport System's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $329.79 Mil. Hitachi Transport System's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $2,724.82 Mil. Hitachi Transport System's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $1,423.54 Mil. Hitachi Transport System's debt to equity for the quarter that ended in Dec. 2022 was 2.15.

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 Hitachi Transport System's Debt-to-Equity or its related term are showing as below:

HTSLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.55 Max: 3.21
Current: 2.15

During the past 13 years, the highest Debt-to-Equity Ratio of Hitachi Transport System was 3.21. The lowest was 0.05. And the median was 0.55.

HTSLF's Debt-to-Equity is not ranked
in the Transportation industry.
Industry Median: 0.55 vs HTSLF: 2.15

Hitachi Transport System Debt-to-Equity Historical Data

The historical data trend for Hitachi Transport System'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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Hitachi Transport System Debt-to-Equity Chart

Hitachi Transport System Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Debt-to-Equity

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0.80

0.91

1.97

2.87

2.50

Hitachi Transport System Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Debt-to-Equity	Get a 7-Day Free Trial															2.51	2.50	2.40	2.15	2.15

Competitive Comparison of Hitachi Transport System's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Hitachi Transport System'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.

Hitachi Transport System's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hitachi Transport System's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hitachi Transport System's Debt-to-Equity falls into.

Hitachi Transport System Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hitachi Transport System's Debt to Equity Ratio for the fiscal year that ended in Mar. 2022 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
	=	(448.079	+	3134.906)	/	1435.096
	=	2.50

Hitachi Transport System's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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
	=	(329.793	+	2724.816)	/	1423.535
	=	2.15

Hitachi Transport System (OTCPK:HTSLF) 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.

Hitachi Transport System Debt-to-Equity Related Terms

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Hitachi Transport System (Hitachi Transport System) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hitachi Transport System Ltd (OTCPK:HTSLF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2 Hitachi Transport System building, Kyobashi 2-chome No. 9, Chuo-ku, Tokyo, JPN, 104-8350

Website

http://www.hitachi-hb.co.jp

Hitachi Transport System Ltd is a transportation and logistics company domiciled in Japan. The company organises itself into three segments: domestic logistics, global logistics, and other. Domestic logistics, which generates the majority of revenue, transports and delivers goods, and provides general logistics services in Japan. Global logistics transports goods by land, sea, and air, and provides logistics services internationally. The other segment includes logistics consulting and information technology services. The company derives the majority of revenue domestically.

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