Mitsui Matsushima Holdings Co (TSE:1518) Debt-to-Equity : 0.13 (As of Dec. 2023)

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What is Mitsui Matsushima Holdings Co Debt-to-Equity?

Mitsui Matsushima Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円3,865 Mil. Mitsui Matsushima Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円4,904 Mil. Mitsui Matsushima Holdings Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円65,326 Mil. Mitsui Matsushima Holdings Co's debt to equity for the quarter that ended in Dec. 2023 was 0.13.

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

TSE:1518' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.41 Max: 0.78
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Mitsui Matsushima Holdings Co was 0.78. The lowest was 0.13. And the median was 0.41.

TSE:1518's Debt-to-Equity is ranked better than
65.08% of 126 companies
in the Other Energy Sources industry
Industry Median: 0.195 vs TSE:1518: 0.13

Mitsui Matsushima Holdings Co Debt-to-Equity Historical Data

The historical data trend for Mitsui Matsushima Holdings 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.

Mitsui Matsushima Holdings Co Debt-to-Equity Chart

Mitsui Matsushima Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.35

0.55

0.78

0.36

0.24

Mitsui Matsushima Holdings 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															0.27	0.24	0.23	0.14	0.13

Competitive Comparison of Mitsui Matsushima Holdings Co's Debt-to-Equity

For the Thermal Coal subindustry, Mitsui Matsushima Holdings 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.

Mitsui Matsushima Holdings Co's Debt-to-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Mitsui Matsushima Holdings Co's Debt-to-Equity distribution charts can be found below:

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

Mitsui Matsushima Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mitsui Matsushima Holdings Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(6846	+	6581)	/	55777
	=	0.24

Mitsui Matsushima Holdings 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
	=	(3865	+	4904)	/	65326
	=	0.13

Mitsui Matsushima Holdings Co (TSE:1518) 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.

Mitsui Matsushima Holdings Co Debt-to-Equity Related Terms

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Mitsui Matsushima Holdings Co (TSE:1518) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Mitsui Matsushima Holdings Co Ltd (TSE:1518) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Otemon 1 - 12 Chuo - ku, Otemon Pineville 10 Floor - 11 Floor, Fukuoka, JPN, 810-8527

Website

http://www.mitsui-matsushima.co.jp

Mitsui Matsushima Holdings Co Ltd mainly imports coking coal for steel works and steaming coal for power utilities and cement works from Australia, Canada, the People's Republic of China, Indonesia, the Russian Federation and other countries.

Mitsui Matsushima Holdings Co (TSE:1518) Headlines

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