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TOMY Co (TOMY Co) Debt-to-Equity : 0.20 (As of Dec. 2023)


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What is TOMY Co Debt-to-Equity?

TOMY Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $74 Mil. TOMY Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $58 Mil. TOMY Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $663 Mil. TOMY Co's debt to equity for the quarter that ended in Dec. 2023 was 0.20.

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

TOMYY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17   Med: 0.63   Max: 2.01
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of TOMY Co was 2.01. The lowest was 0.17. And the median was 0.63.

TOMYY's Debt-to-Equity is ranked better than
74.71% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs TOMYY: 0.17

TOMY Co Debt-to-Equity Historical Data

The historical data trend for TOMY 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.

TOMY Co Debt-to-Equity Chart

TOMY Co 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 0.50 0.66 0.50 0.41 0.17

TOMY Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.41 0.39 0.34 0.20 0.17

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

For the Leisure subindustry, TOMY 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.

TOMY Co's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TOMY Co's Debt-to-Equity distribution charts can be found below:

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


TOMY Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TOMY Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
=(63.123 + 49.66) / 667.447
=0.17

TOMY 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
=(74.239 + 58.32) / 662.752
=0.20

* 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.

TOMY Co  (OTCPK:TOMYY) 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.

TOMY Co Debt-to-Equity Related Terms

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TOMY Co (TOMY Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TOMY Co Ltd (OTCPK:TOMYY) » Definitions » Debt-to-Equity
Comparable Companies
TSE:6425 TSE:6412 TSE:4680 TSE:7906 TSE:7458 TSE:9603 TSE:7944 TSE:7839 TSE:7740 TSE:2157 TSE:4661 HKSE:02020 TSE:7832 TSE:7309 HKSE:02331 MAT HAS PLNT TSE:7951 SZSE:300144
Traded in Other Exchanges
7867:Japan
Address
7-9-10 Tateishi, Katsushika-ku, Tokyo, JPN, 124-8511
Website
http://www.takaratomy.co.jp
TOMY Co Ltd is a Japanese manufacturer of children's toys and merchandise. The company's products include electronic and physical toys, card games, baby care products, and general merchandise. The company's brands include Tomica, Plarail, Licca-chan, and Koeda-chan. Tomy organises itself into five geographical segments: Japan, Americas, Europe, Oceania, and Asia (other than Japan). The company derives more than half of its revenue domestically, with Asia (other than Japan) and the Americas contributing the next most significant portions.