GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Terasaki Electric Co Ltd (TSE:6637) » Definitions » Debt-to-Equity

Terasaki Electric Co (TSE:6637) Debt-to-Equity : 0.09 (As of Sep. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Terasaki Electric Co Debt-to-Equity?

Terasaki Electric Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円1,678 Mil. Terasaki Electric Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円2,478 Mil. Terasaki Electric Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円48,068 Mil. Terasaki Electric Co's debt to equity for the quarter that ended in Sep. 2024 was 0.09.

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

TSE:6637' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.1   Max: 0.18
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of Terasaki Electric Co was 0.18. The lowest was 0.03. And the median was 0.10.

TSE:6637's Debt-to-Equity is ranked better than
75.12% of 2613 companies
in the Industrial Products industry
Industry Median: 0.28 vs TSE:6637: 0.09

Terasaki Electric Co Debt-to-Equity Historical Data

The historical data trend for Terasaki 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.

* Premium members only.

Terasaki Electric Co Debt-to-Equity Chart

Terasaki Electric Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.06 0.04 0.07 0.07

Terasaki 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 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 0.07 0.06 0.05 0.07 0.09

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

For the Electrical Equipment & Parts subindustry, Terasaki 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.


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

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

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


;
;

Terasaki Electric Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Terasaki Electric Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Terasaki Electric Co's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Terasaki Electric Co  (TSE:6637) 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.


Terasaki Electric Co Debt-to-Equity Related Terms

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


Terasaki Electric Co Business Description

Traded in Other Exchanges
N/A
Address
6-13-47 Kamihigashi, Hirano ku, Osaka, JPN, 547-0002
Terasaki Electric Co Ltd. is engaged in the manufacturing and sale of electric distribution and motor control systems, circuit breakers and electronic devices based on electrical energy control technologies. Its business lines include marine systems, industrial systems, circuit breakers and medical devices. Products offered by the company include medium voltage switch gears, engine room simulator, engine monitoring system, industrial power distribution control system, cogeneration system, moulded case circuit breakers, air circuit breakers, among others. Terasaki also offers engineering and lifecycle services for electrical equipment.

Terasaki Electric Co Headlines

No Headlines