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Tsudakoma (TSE:6217) Debt-to-Equity : 6.47 (As of May. 2024)


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What is Tsudakoma Debt-to-Equity?

Tsudakoma's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was 円10,080 Mil. Tsudakoma's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was 円2,893 Mil. Tsudakoma's Total Stockholders Equity for the quarter that ended in May. 2024 was 円2,005 Mil. Tsudakoma's debt to equity for the quarter that ended in May. 2024 was 6.47.

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

TSE:6217' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.49   Med: 0.66   Max: 9.17
Current: 6.47

During the past 13 years, the highest Debt-to-Equity Ratio of Tsudakoma was 9.17. The lowest was 0.49. And the median was 0.66.

TSE:6217's Debt-to-Equity is ranked worse than
99.2% of 2631 companies
in the Industrial Products industry
Industry Median: 0.29 vs TSE:6217: 6.47

Tsudakoma Debt-to-Equity Historical Data

The historical data trend for Tsudakoma'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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Tsudakoma Debt-to-Equity Chart

Tsudakoma Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 1.23 2.50 4.37 6.76

Tsudakoma Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 8.71 9.17 6.76 8.97 6.47

Competitive Comparison of Tsudakoma's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Tsudakoma'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.


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

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

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



Tsudakoma Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tsudakoma's Debt to Equity Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Tsudakoma's Debt to Equity Ratio for the quarter that ended in May. 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.


Tsudakoma  (TSE:6217) 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.


Tsudakoma Debt-to-Equity Related Terms

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


Tsudakoma Business Description

Traded in Other Exchanges
N/A
Address
18-18 Nomachi 5-chome, Kanazawa, JPN, 921-8650
Tsudakoma Corp engages in the manufacture and sale of textile machinery and machine tool equipment. Its textile machinery comprises air jet looms, water jet looms, and preparatory machines; and parts include conversion kits for air jet looms and water jet looms. The company's machine tool attachments include NC rotary tables, machine vises, and manual tables. It also offers composite machinery, including prepreg slitters, auto-layup machines, carbon fiber rapier looms, and drape forming systems; and cast-iron parts for textile machinery, industrial machinery, and machine tool attachments.

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