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Yamazaki Co (TSE:6147) Debt-to-Equity : 1.39 (As of Dec. 2023)


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What is Yamazaki Co Debt-to-Equity?

Yamazaki Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,410 Mil. Yamazaki Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円442 Mil. Yamazaki Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円1,333 Mil. Yamazaki Co's debt to equity for the quarter that ended in Dec. 2023 was 1.39.

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

TSE:6147' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.79   Med: 1.05   Max: 1.59
Current: 1.39

During the past 13 years, the highest Debt-to-Equity Ratio of Yamazaki Co was 1.59. The lowest was 0.79. And the median was 1.05.

TSE:6147's Debt-to-Equity is ranked worse than
92.4% of 2632 companies
in the Industrial Products industry
Industry Median: 0.29 vs TSE:6147: 1.39

Yamazaki Co Debt-to-Equity Historical Data

The historical data trend for Yamazaki 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.

Yamazaki Co Debt-to-Equity Chart

Yamazaki 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 0.95 0.87 0.97 1.13 1.52

Yamazaki 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 1.00 1.52 1.59 1.25 1.39

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

For the Specialty Industrial Machinery subindustry, Yamazaki 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.


Yamazaki Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Yamazaki Co's Debt-to-Equity distribution charts can be found below:

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



Yamazaki Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Yamazaki 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.


Yamazaki Co  (TSE:6147) 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.


Yamazaki Co Debt-to-Equity Related Terms

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Yamazaki Co (TSE:6147) Business Description

Traded in Other Exchanges
N/A
Address
489-23, Aritama-kitamachi, Higashi-ku, Shizuoka Prefecture, Hamamatsu, JPN, 431-3121
Yamazaki Co., Ltd. manufactures machine tools and auto parts. Some of its products are honing machine, balancer and index machine and machining center, turret head, TWB index head, WB double wedge ring and multi spindle unit.

Yamazaki Co (TSE:6147) Headlines

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