RNECF (Renesas Electronics) Debt-to-Equity : 0.70 (As of Sep. 2024)

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What is Renesas Electronics Debt-to-Equity?

Renesas Electronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1,503 Mil. Renesas Electronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $8,936 Mil. Renesas Electronics's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $14,989 Mil. Renesas Electronics's debt to equity for the quarter that ended in Sep. 2024 was 0.70.

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 Renesas Electronics's Debt-to-Equity or its related term are showing as below:

RNECF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.62 Max: 1.49
Current: 0.7

During the past 13 years, the highest Debt-to-Equity Ratio of Renesas Electronics was 1.49. The lowest was 0.23. And the median was 0.62.

RNECF's Debt-to-Equity is ranked worse than
76.76% of 882 companies
in the Semiconductors industry
Industry Median: 0.27 vs RNECF: 0.70

Renesas Electronics Debt-to-Equity Historical Data

The historical data trend for Renesas Electronics'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.

Renesas Electronics Debt-to-Equity Chart

Renesas Electronics Annual Data

Trend

Mar14

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.24

1.10

0.71

0.49

0.33

Renesas Electronics Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.34	0.33	0.23	0.24	0.70

Competitive Comparison of Renesas Electronics's Debt-to-Equity

For the Semiconductors subindustry, Renesas Electronics'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.

Renesas Electronics's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Renesas Electronics's Debt-to-Equity distribution charts can be found below:

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

Renesas Electronics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Renesas Electronics's Debt to Equity Ratio for the fiscal year 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
	=	(2953.935	+	1567.118)	/	13901.46
	=	0.33

Renesas Electronics's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
	=	(1502.931	+	8935.567)	/	14988.528
	=	0.70

Renesas Electronics (OTCPK:RNECF) 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.

Renesas Electronics Debt-to-Equity Related Terms

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Renesas Electronics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Renesas Electronics Corp (OTCPK:RNECF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

RNECY:USA 6723:Japan NEN:Germany

Address

Toyosu Foresia, 3-2-24, Toyosu, Koto-ku, Tokyo, JPN, 135-0061

Website

http://www.renesas.com

Renesas Electronics Corp is a Japan-based company that manufactures and distributes semiconductor components and other products for use in automotive, healthcare, computer peripheral, connectivity, home appliance, and industrial end markets. Its product portfolio includes microcontrollers and microprocessors, embedded systems platform, insulated-gate bipolar transistors, intelligent power devices, thrysistors, transistors, diodes, analog integrated circuits, and optoelectronics products. The firm has operations in Japan, the Americas, Europe, Middle East and Africa, and Asia.