Asahi Intecc Co (TSE:7747) Debt-to-Equity

: 0.06 (As of Dec. 2023)

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Asahi Intecc Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円7,600 Mil. Asahi Intecc Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円88 Mil. Asahi Intecc Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円138,048 Mil. Asahi Intecc Co's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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

TSE:7747' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.11 Max: 0.42
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Asahi Intecc Co was 0.42. The lowest was 0.06. And the median was 0.11.

TSE:7747's Debt-to-Equity is ranked better than
77% of 713 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs TSE:7747: 0.06

Asahi Intecc Co Debt-to-Equity Historical Data

The historical data trend for Asahi Intecc 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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Asahi Intecc Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.09

0.11

0.09

0.10

0.11

Asahi Intecc 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															0.11	0.11	0.11	0.08	0.06

Competitive Comparison

For the Medical Instruments & Supplies subindustry, Asahi Intecc 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.

Asahi Intecc Co Debt-to-Equity Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Asahi Intecc Co's Debt-to-Equity distribution charts can be found below:

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

Asahi Intecc Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Asahi Intecc Co's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(10361	+	3892)	/	132311
	=	0.11

Asahi Intecc 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
	=	(7600	+	88)	/	138048
	=	0.06

Asahi Intecc Co (TSE:7747) 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.

Asahi Intecc Co Debt-to-Equity Related Terms

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Asahi Intecc Co (TSE:7747) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Asahi Intecc Co Ltd (TSE:7747) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

AHICF:USA

Address

1703 Wakita-cho, Nagoya, JPN

Website

http://www.asahi-intecc.co.jp

Asahi Intecc Co Ltd develops, manufactures, and sells medical devices. The firm operates in two segments: medical and device. The medical segment generates the vast majority of revenue and sells a range of guide wires and catheters for treatment and examination. The device segment sells components to medical and industrial companies, such as hollow cable tubes, catheter delivery systems, and stainless steel rope. Asahi's products are used in a variety of industries, including the medical, construction, automobile, office automation equipment, and electric appliance industries. Asahi generates the largest proportion of its revenue in Japan.

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