Ito Yogyo Co (TSE:5287) Debt-to-Equity : 0.37 (As of Dec. 2023)

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What is Ito Yogyo Co Debt-to-Equity?

Ito Yogyo Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円861 Mil. Ito Yogyo Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円351 Mil. Ito Yogyo Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円3,250 Mil. Ito Yogyo Co's debt to equity for the quarter that ended in Dec. 2023 was 0.37.

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

TSE:5287' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.17 Max: 0.41
Current: 0.37

During the past 13 years, the highest Debt-to-Equity Ratio of Ito Yogyo Co was 0.41. The lowest was 0.02. And the median was 0.17.

TSE:5287's Debt-to-Equity is ranked better than
54.91% of 1506 companies
in the Construction industry
Industry Median: 0.435 vs TSE:5287: 0.37

Ito Yogyo Co Debt-to-Equity Historical Data

The historical data trend for Ito Yogyo 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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Ito Yogyo Co Debt-to-Equity Chart

Ito Yogyo Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.03

0.28

0.40

0.33

0.39

Ito Yogyo 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															0.34	0.39	0.32	0.32	0.37

Competitive Comparison of Ito Yogyo Co's Debt-to-Equity

For the Building Products & Equipment subindustry, Ito Yogyo 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.

Ito Yogyo Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ito Yogyo Co's Debt-to-Equity distribution charts can be found below:

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

Ito Yogyo Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ito Yogyo 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
	=	(868.297	+	411.393)	/	3295.763
	=	0.39

Ito Yogyo 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
	=	(860.828	+	351.189)	/	3249.845
	=	0.37

Ito Yogyo Co (TSE:5287) 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.

Ito Yogyo Co Debt-to-Equity Related Terms

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Ito Yogyo Co (TSE:5287) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ito Yogyo Co Ltd (TSE:5287) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-3-14, Nakatsu, Kita-ku, Osaka, JPN, 5310071

Website

http://www.itoyogyo.co.jp

Ito Yogyo Co., Ltd. is engaged in manufacturing and selling precast concrete products for government and municipalities in Japan and internationally. Its products are used in sewer engineering, landscape maintenance, and stormwater treatment. The company is also involved in the sale and installation of products for building equipment.

Ito Yogyo Co (TSE:5287) Headlines

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