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JFEYF (JFE Systems) Debt-to-Equity : 0.07 (As of Mar. 2024)


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What is JFE Systems Debt-to-Equity?

JFE Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $5.1 Mil. JFE Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $8.4 Mil. JFE Systems's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $193.8 Mil. JFE Systems's debt to equity for the quarter that ended in Mar. 2024 was 0.07.

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 JFE Systems's Debt-to-Equity or its related term are showing as below:

JFEYF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.08   Max: 0.18
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of JFE Systems was 0.18. The lowest was 0.06. And the median was 0.08.

JFEYF's Debt-to-Equity is ranked better than
72.88% of 2220 companies
in the Software industry
Industry Median: 0.21 vs JFEYF: 0.07

JFE Systems Debt-to-Equity Historical Data

The historical data trend for JFE Systems'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.

JFE Systems Debt-to-Equity Chart

JFE Systems Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.12 0.08 0.06 0.07

JFE Systems Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - 0.07 N/A

Competitive Comparison of JFE Systems's Debt-to-Equity

For the Information Technology Services subindustry, JFE Systems'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.


JFE Systems's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, JFE Systems's Debt-to-Equity distribution charts can be found below:

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



JFE Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

JFE Systems's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

JFE Systems's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


JFE Systems  (OTCPK:JFEYF) 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.


JFE Systems Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of JFE Systems's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


JFE Systems Business Description

Traded in Other Exchanges
Address
1-3-2 Shibaura Minato-ku, Sea Bank S Building, Tokyo, JPN, 105-0023
JFE Systems Inc is a Japan-based computer integrated systems design company. It is mainly engaged in the planning, design, development, and maintenance of computer systems. It offers industry solutions. business solutions, and infrastructure solutions. The company builds solutions for financial sectors, the food industry, and the manufacturing sector. It is also engaged in the application development and maintenance services.

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