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H-ONE Co (TSE:5989) Debt-to-Equity : 1.23 (As of Dec. 2023)


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What is H-ONE Co Debt-to-Equity?

H-ONE Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円39,647 Mil. H-ONE Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円29,011 Mil. H-ONE Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円55,631 Mil. H-ONE Co's debt to equity for the quarter that ended in Dec. 2023 was 1.23.

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

TSE:5989' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.64   Med: 0.94   Max: 1.38
Current: 1.23

During the past 13 years, the highest Debt-to-Equity Ratio of H-ONE Co was 1.38. The lowest was 0.64. And the median was 0.94.

TSE:5989's Debt-to-Equity is ranked worse than
80.38% of 1172 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs TSE:5989: 1.23

H-ONE Co Debt-to-Equity Historical Data

The historical data trend for H-ONE 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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H-ONE Co Debt-to-Equity Chart

H-ONE Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.94 0.67 0.89 0.96

H-ONE Co 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 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 0.94 0.96 0.93 0.90 1.23

Competitive Comparison of H-ONE Co's Debt-to-Equity

For the Auto Parts subindustry, H-ONE 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.


H-ONE Co's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, H-ONE Co's Debt-to-Equity distribution charts can be found below:

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



H-ONE Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

H-ONE Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

H-ONE Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


H-ONE Co  (TSE:5989) 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.


H-ONE Co Debt-to-Equity Related Terms

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H-ONE Co (TSE:5989) Business Description

Traded in Other Exchanges
N/A
Address
11-5, Sakuragi-cho 1-chome, Omiya-ku, Saitama-shi, Saitama, JPN, 3300854
H-ONE Co Ltd manufactures and sells automobile parts, dies and welding equipment, and motorcycle or general-purpose parts. The product portfolio includes - Front bulkhead comp, Front side frame comp, Rear frame comp, Pillar comp, Front wheelhouse comp, and Door beam.

H-ONE Co (TSE:5989) Headlines

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