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TerraSky Co (TSE:3915) Debt-to-Equity : 0.02 (As of Aug. 2024)


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What is TerraSky Co Debt-to-Equity?

TerraSky Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was 円204 Mil. TerraSky Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was 円4 Mil. TerraSky Co's Total Stockholders Equity for the quarter that ended in Aug. 2024 was 円10,628 Mil. TerraSky Co's debt to equity for the quarter that ended in Aug. 2024 was 0.02.

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

TSE:3915' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.11   Max: 0.82
Current: 0.02

During the past 11 years, the highest Debt-to-Equity Ratio of TerraSky Co was 0.82. The lowest was 0.02. And the median was 0.11.

TSE:3915's Debt-to-Equity is ranked better than
91.69% of 2202 companies
in the Software industry
Industry Median: 0.21 vs TSE:3915: 0.02

TerraSky Co Debt-to-Equity Historical Data

The historical data trend for TerraSky 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.

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TerraSky Co Debt-to-Equity Chart

TerraSky Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.07 0.07 0.03 0.02

TerraSky Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 0.02 0.02 0.02 0.02 0.02

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

For the Software - Infrastructure subindustry, TerraSky 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.


TerraSky Co's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, TerraSky Co's Debt-to-Equity distribution charts can be found below:

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


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TerraSky Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TerraSky Co's Debt to Equity Ratio for the fiscal year that ended in Feb. 2024 is calculated as

TerraSky Co's Debt to Equity Ratio for the quarter that ended in Aug. 2024 is calculated as

* 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.


TerraSky Co  (TSE:3915) 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.


TerraSky Co Debt-to-Equity Related Terms

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


TerraSky Co Business Description

Traded in Other Exchanges
N/A
Address
No. 15-27 Nihonbashi 2-Chome, Taiyo Life Nihonbashi Building, Chuo-ku, Tokyo, JPN, 103-0027
TerraSky Co Ltd provides cloud solutions and products in Japan. Its products and services include cloud integration services comprising Salesforce, Amazon Web services, and Cloud ERP concierge services; system planning services; development tools; data linkage foundations, such as DataSpider Cloud, SkyOnDemand, and DCSpider; and salesforce screen/application development, including SkyVisualEditor and SuPICE. The company's products and services also comprise Cloud ERP, such as GLOVIA OM and ServiceMax; and social ware and insurance agency solutions.

TerraSky Co Headlines

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