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HANDSMAN CO (TSE:7636) Debt-to-Equity : 0.27 (As of Dec. 2023)


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What is HANDSMAN CO Debt-to-Equity?

HANDSMAN CO's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円2,599 Mil. HANDSMAN CO's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円2,035 Mil. HANDSMAN CO's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円17,396 Mil. HANDSMAN CO's debt to equity for the quarter that ended in Dec. 2023 was 0.27.

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 HANDSMAN CO's Debt-to-Equity or its related term are showing as below:

TSE:7636' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.23   Max: 0.88
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of HANDSMAN CO was 0.88. The lowest was 0.01. And the median was 0.23.

TSE:7636's Debt-to-Equity is ranked better than
70.82% of 1004 companies
in the Retail - Cyclical industry
Industry Median: 0.64 vs TSE:7636: 0.27

HANDSMAN CO Debt-to-Equity Historical Data

The historical data trend for HANDSMAN 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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HANDSMAN CO Debt-to-Equity Chart

HANDSMAN CO Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.07 0.04 0.02 0.18

HANDSMAN 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 0.01 0.14 0.18 0.22 0.27

Competitive Comparison of HANDSMAN CO's Debt-to-Equity

For the Specialty Retail subindustry, HANDSMAN 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.


HANDSMAN CO's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, HANDSMAN CO's Debt-to-Equity distribution charts can be found below:

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



HANDSMAN CO Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HANDSMAN CO's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

HANDSMAN 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.


HANDSMAN CO  (TSE:7636) 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.


HANDSMAN CO Debt-to-Equity Related Terms

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HANDSMAN CO (TSE:7636) Business Description

Traded in Other Exchanges
N/A
Address
Miyazaki Miyakonojo Yoshio-cho, 2080, Miyakonojo, JPN, 885-0006
HANDSMAN CO LTD offers home improvement products. The company's division is divided into do-it-yourself division, household product division and automobile and leisure product division.

HANDSMAN CO (TSE:7636) Headlines

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