Sanso Electric Co (TSE:6518) Debt-to-Equity : 0.19 (As of Sep. 2024)

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What is Sanso Electric Co Debt-to-Equity?

Sanso Electric Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円822 Mil. Sanso Electric Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円1,345 Mil. Sanso Electric Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円11,738 Mil. Sanso Electric Co's debt to equity for the quarter that ended in Sep. 2024 was 0.18.

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

TSE:6518' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.27 Max: 0.44
Current: 0.19

During the past 13 years, the highest Debt-to-Equity Ratio of Sanso Electric Co was 0.44. The lowest was 0.14. And the median was 0.27.

TSE:6518's Debt-to-Equity is ranked better than
61.43% of 2608 companies
in the Industrial Products industry
Industry Median: 0.28 vs TSE:6518: 0.19

Sanso Electric Co Debt-to-Equity Historical Data

The historical data trend for Sanso Electric 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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Sanso Electric Co Debt-to-Equity Chart

Sanso Electric Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.24

0.18

0.15

0.29

0.21

Sanso Electric Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.25	0.24	0.23	0.21	0.19

Competitive Comparison of Sanso Electric Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Sanso Electric 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.

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

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

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

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Sanso Electric Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sanso Electric Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(942.359	+	1547.402)	/	11715.334
	=	0.21

Sanso Electric Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(822.147	+	1345.327)	/	11738.406
	=	0.18

Sanso Electric Co (TSE:6518) 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.

Sanso Electric Co Debt-to-Equity Related Terms

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Sanso Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sanso Electric Co Ltd (TSE:6518) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

1 Chome, Hyogo Prefecture Aoyama North, Yubinbango, Himeji, JPN, 671-2288

Website

http://www.sanso-elec.co.jp

Sanso Electric Co Ltd is a Japanese company engaged in designing, manufacturing and selling motors and pumps. The product portfolio of the company includes magnet pump, line pump, household pump, unit product, circulation pump, and special-purpose pump motor, among others. The company provides motors for industrial machineries, household electrical appliances, ultra high speed spinning machines, and vacuum pumps.

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