Sasatoku Printing Co (TSE:3958) Debt-to-Equity : 0.17 (As of Jun. 2023)

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What is Sasatoku Printing Co Debt-to-Equity?

Sasatoku Printing Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was 円710 Mil. Sasatoku Printing Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was 円674 Mil. Sasatoku Printing Co's Total Stockholders Equity for the quarter that ended in Jun. 2023 was 円8,203 Mil. Sasatoku Printing Co's debt to equity for the quarter that ended in Jun. 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 Sasatoku Printing Co's Debt-to-Equity or its related term are showing as below:

TSE:3958' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.22 Max: 0.41
Current: 0.17

During the past 3 years, the highest Debt-to-Equity Ratio of Sasatoku Printing Co was 0.41. The lowest was 0.17. And the median was 0.22.

TSE:3958's Debt-to-Equity is ranked better than
68.23% of 919 companies
in the Business Services industry
Industry Median: 0.38 vs TSE:3958: 0.17

Sasatoku Printing Co Debt-to-Equity Historical Data

The historical data trend for Sasatoku Printing 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.

Sasatoku Printing Co Debt-to-Equity Chart

Sasatoku Printing Co Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-Equity

0.41

0.22

0.17

Sasatoku Printing Co Semi-Annual Data
	Jun21	Jun22	Jun23
Debt-to-Equity	0.41	0.22	0.17

Competitive Comparison of Sasatoku Printing Co's Debt-to-Equity

For the Specialty Business Services subindustry, Sasatoku Printing 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.

Sasatoku Printing Co's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sasatoku Printing Co's Debt-to-Equity distribution charts can be found below:

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

Sasatoku Printing Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sasatoku Printing Co's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(709.912	+	674.32)	/	8203.471
	=	0.17

Sasatoku Printing Co's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(709.912	+	674.32)	/	8203.471
	=	0.17

Sasatoku Printing Co (TSE:3958) 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.

Sasatoku Printing Co Debt-to-Equity Related Terms

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Sasatoku Printing Co (TSE:3958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sasatoku Printing Co Ltd (TSE:3958) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Owaki, Sakae-cho, Toyoake-shi, Aichi, JPN, 470?1196

Website

https://www.sasatoku.co.jp

Sasatoku Printing Co Ltd is engaged in Plate making, printing, processing and sales of paper and packaging materials. Planning, editing, production and sales of publications and advertising media.

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