Tsukuba Seiko Co (TSE:6596) Debt-to-Equity : 0.66 (As of Sep. 2023)

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What is Tsukuba Seiko Co Debt-to-Equity?

Tsukuba Seiko Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was 円13.9 Mil. Tsukuba Seiko Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was 円109.4 Mil. Tsukuba Seiko Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was 円186.6 Mil. Tsukuba Seiko Co's debt to equity for the quarter that ended in Sep. 2023 was 0.66.

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

TSE:6596' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.2 Max: 0.66
Current: 0.66

During the past 7 years, the highest Debt-to-Equity Ratio of Tsukuba Seiko Co was 0.66. The lowest was 0.01. And the median was 0.20.

TSE:6596's Debt-to-Equity is ranked worse than
77.26% of 875 companies
in the Semiconductors industry
Industry Median: 0.26 vs TSE:6596: 0.66

Tsukuba Seiko Co Debt-to-Equity Historical Data

The historical data trend for Tsukuba Seiko 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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Tsukuba Seiko Co Debt-to-Equity Chart

Tsukuba Seiko Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.01

0.12

0.39

0.51

0.55

Tsukuba Seiko Co Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial								0.43	0.51	0.46	0.55	0.66

Competitive Comparison of Tsukuba Seiko Co's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Tsukuba Seiko 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.

Tsukuba Seiko Co's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tsukuba Seiko Co's Debt-to-Equity distribution charts can be found below:

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

Tsukuba Seiko Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tsukuba Seiko Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(7.282	+	116.442)	/	226.826
	=	0.55

Tsukuba Seiko Co's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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
	=	(13.873	+	109.374)	/	186.644
	=	0.66

Tsukuba Seiko Co (TSE:6596) 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.

Tsukuba Seiko Co Debt-to-Equity Related Terms

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Tsukuba Seiko Co (TSE:6596) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tsukuba Seiko Co Ltd (TSE:6596) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2168-10, Aza Ganjoh-ji, Oaza Kamikamou, Kawauchi-gun, Tochigi Prefecture, Kaminokawa, JPN, 329-0617

Website

http://www.tsukubaseiko.co.jp

Tsukuba Seiko Co Ltd is mainly engaged in the development, manufacture, and sale of electrostatic clamping systems. Its product offerings include thin hand, cordless holder, wafer support, waferhand, electrostatic belt.

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