Ecomott (TSE:3987) Debt-to-Equity : 1.09 (As of Feb. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Ecomott Debt-to-Equity?

Ecomott's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円650 Mil. Ecomott's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円337 Mil. Ecomott's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円907 Mil. Ecomott's debt to equity for the quarter that ended in Feb. 2024 was 1.09.

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

TSE:3987' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.58 Max: 1.79
Current: 1.09

During the past 7 years, the highest Debt-to-Equity Ratio of Ecomott was 1.79. The lowest was 0.25. And the median was 0.58.

TSE:3987's Debt-to-Equity is ranked worse than
86.11% of 2224 companies
in the Software industry
Industry Median: 0.21 vs TSE:3987: 1.09

Ecomott Debt-to-Equity Historical Data

The historical data trend for Ecomott'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.

Ecomott Debt-to-Equity Chart

Ecomott Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Aug21

Aug22

Debt-to-Equity

Get a 7-Day Free Trial

1.32

0.30

0.25

0.46

0.39

Ecomott Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.68	0.65	0.76	0.78	1.09

Competitive Comparison of Ecomott's Debt-to-Equity

For the Software - Infrastructure subindustry, Ecomott'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.

Ecomott's Debt-to-Equity Distribution in the Software Industry

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

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

Ecomott Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ecomott's Debt to Equity Ratio for the fiscal year that ended in Aug. 2022 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
	=	(139.244	+	288.001)	/	1103.001
	=	0.39

Ecomott's Debt to Equity Ratio for the quarter that ended in Feb. 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
	=	(650.455	+	336.64)	/	906.928
	=	1.09

Ecomott (TSE:3987) 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.

Ecomott Debt-to-Equity Related Terms

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

Ecomott (TSE:3987) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ecomott Inc (TSE:3987) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-2 Kita 1-jo Higashi 2-chome, Chuo-ku, Hokkaido, Sapporo, JPN, 060-0031

Website

https://www.ecomott.co.jp

Ecomott Inc provides internet of things platform solutions that connects devices and systems. It offers a range of connectivity-driven technologies capable of solving real-world issues in a wide variety of industries.

Ecomott (TSE:3987) Headlines

No Headlines