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Fujitec Co (TSE:6406) Debt-to-Equity : 0.04 (As of Dec. 2023)


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What is Fujitec Co Debt-to-Equity?

Fujitec Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円5,487 Mil. Fujitec Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Fujitec Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円147,802 Mil. Fujitec Co's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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

TSE:6406' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.04   Max: 0.15
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Fujitec Co was 0.15. The lowest was 0.03. And the median was 0.04.

TSE:6406's Debt-to-Equity is ranked better than
86.56% of 2620 companies
in the Industrial Products industry
Industry Median: 0.28 vs TSE:6406: 0.04

Fujitec Co Debt-to-Equity Historical Data

The historical data trend for Fujitec 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.

Fujitec Co Debt-to-Equity Chart

Fujitec Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.03 0.03 0.08

Fujitec 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.08 0.04 0.04 0.04

Competitive Comparison of Fujitec Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Fujitec 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.


Fujitec Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fujitec Co's Debt-to-Equity distribution charts can be found below:

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



Fujitec Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fujitec Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Fujitec Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Fujitec Co  (TSE:6406) 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.


Fujitec Co Debt-to-Equity Related Terms

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Fujitec Co (TSE:6406) Business Description

Traded in Other Exchanges
Address
591-1 Miyatacho, Shiga Prefecture, Hikone, JPN, 522-8588
Fujitec Co Ltd is a Japan-based company that designs, develops, manufactures, sells, and installs elevators and escalators. The company has a global presence, with Japan, North America, South Asia, and East Asia being its largest markets. On the other hand, its manufacturing bases are spread worldwide, in locations including Japan, China, the United States, South Korea, Taiwan, and India. The company also provides aftersale maintenance services such as real-time parts support, remote monitoring, and product modernization.

Fujitec Co (TSE:6406) Headlines

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