Fudo Tetra (TSE:1813) Debt-to-Equity : 0.17 (As of Dec. 2023)

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What is Fudo Tetra Debt-to-Equity?

Fudo Tetra's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円4,886 Mil. Fudo Tetra's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円650 Mil. Fudo Tetra's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円32,612 Mil. Fudo Tetra's debt to equity for the quarter that ended in Dec. 2023 was 0.17.

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 Fudo Tetra's Debt-to-Equity or its related term are showing as below:

TSE:1813' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.06 Max: 0.2
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Fudo Tetra was 0.20. The lowest was 0.00. And the median was 0.06.

TSE:1813's Debt-to-Equity is ranked better than
71.17% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs TSE:1813: 0.17

Fudo Tetra Debt-to-Equity Historical Data

The historical data trend for Fudo Tetra'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.

Fudo Tetra Debt-to-Equity Chart

Fudo Tetra Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.05

0.12

0.05

0.13

0.20

Fudo Tetra 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															0.11	0.20	0.11	0.18	0.17

Competitive Comparison of Fudo Tetra's Debt-to-Equity

For the Engineering & Construction subindustry, Fudo Tetra'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.

Fudo Tetra's Debt-to-Equity Distribution in the Construction Industry

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

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

Fudo Tetra Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fudo Tetra'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
	=	(5741	+	643)	/	31419
	=	0.20

Fudo Tetra'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
	=	(4886	+	650)	/	32612
	=	0.17

Fudo Tetra (TSE:1813) 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.

Fudo Tetra Debt-to-Equity Related Terms

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

Fudo Tetra (TSE:1813) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fudo Tetra Corp (TSE:1813) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7-2, Nihonbashi-koami-cho, 11th Floor, Pentel Building, Chuo-ku, Tokyo, JPN, 103-0016

Website

https://www.fudotetra.co.jp

Fudo Tetra Corp is engaged in the business of construction work. It operates through three businesses. Its Civil Engineering business is involved in the construction of civil engineering sectors such as roads, railways, dams and rivers, water and sewage, and energy facilities, as well as ports and airports, fishing harbors, coasts, and artificial islands. The Ground Improvement business specializes in ground development work. Its Block and Environment business consist of leasing products for wave-dissipating block and foot protection use.

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