Comsys Holdings (TSE:1721) Debt-to-Equity : 0.01 (As of Sep. 2024)

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What is Comsys Holdings Debt-to-Equity?

Comsys Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円3,156 Mil. Comsys Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円28 Mil. Comsys Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円362,999 Mil. Comsys Holdings's debt to equity for the quarter that ended in Sep. 2024 was 0.01.

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

TSE:1721' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.11
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Comsys Holdings was 0.11. The lowest was 0.00. And the median was 0.02.

TSE:1721's Debt-to-Equity is ranked better than
99.94% of 1564 companies
in the Construction industry
Industry Median: 0.44 vs TSE:1721: 0.01

Comsys Holdings Debt-to-Equity Historical Data

The historical data trend for Comsys Holdings'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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Comsys Holdings Debt-to-Equity Chart

Comsys Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.03

0.02

0.10

0.01

Comsys Holdings 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															0.01	0.06	0.01	N/A	0.01

Competitive Comparison of Comsys Holdings's Debt-to-Equity

For the Engineering & Construction subindustry, Comsys Holdings'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.

Comsys Holdings's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Comsys Holdings's Debt-to-Equity distribution charts can be found below:

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

Comsys Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Comsys Holdings'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
	=	(3984	+	70)	/	362974
	=	0.01

Comsys Holdings'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
	=	(3156	+	28)	/	362999
	=	0.01

Comsys Holdings (TSE:1721) 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.

Comsys Holdings Debt-to-Equity Related Terms

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Comsys Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Comsys Holdings Corp (TSE:1721) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

17-1, Higashigotanda 2-chome, Shinagawa-ku, Tokyo, JPN, 141-8647

Website

http://www.comsys-hd.co.jp

Comsys Holdings Corp installs electrical and telecommunications facilities and equipment. It provides solutions for information-process systems and develops software to fit the needs of customers. One division of the company connects telephone lines and other communication equipment and implements wireless base stations. It provides equipment for the mobile industry, and supplies maintenance work to transform telephone networks. Comsys Holdings has four business segments: NTT Engineering, NCC Engineering, IT Solutions, and Social System-Related and Other. It plans proposals for customers' systems integration and software upgrades and provides repair services to keep a system intact. The company has been instrumental in the development of Japan's telecommunications infrastructure.

Comsys Holdings Headlines

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