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Osaki Electric Co (TSE:6644) Debt-to-Equity : 0.10 (As of Dec. 2023)


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What is Osaki Electric Co Debt-to-Equity?

Osaki Electric Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,823 Mil. Osaki Electric Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円2,978 Mil. Osaki Electric Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円49,393 Mil. Osaki Electric Co's debt to equity for the quarter that ended in Dec. 2023 was 0.10.

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

TSE:6644' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.18   Max: 0.77
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Osaki Electric Co was 0.77. The lowest was 0.05. And the median was 0.18.

TSE:6644's Debt-to-Equity is ranked better than
73.96% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs TSE:6644: 0.10

Osaki Electric Co Debt-to-Equity Historical Data

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

Osaki Electric 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 0.24 0.30 0.18 0.19 0.15

Osaki Electric 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 0.09 0.15 0.10 0.11 0.10

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

For the Scientific & Technical Instruments subindustry, Osaki 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.


Osaki Electric Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Osaki Electric Co's Debt-to-Equity distribution charts can be found below:

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



Osaki Electric Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Osaki Electric 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.


Osaki Electric Co  (TSE:6644) 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.


Osaki Electric Co Debt-to-Equity Related Terms

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Osaki Electric Co (TSE:6644) Business Description

Traded in Other Exchanges
N/A
Address
2-10-2 Higashi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-8646
Osaki Electric Co Ltd is a Japan based company engaged in manufacturing measurement and control equipment. Its product offering includes electricity meter, meter transformer, power distribution automation equipment, time switch, demand control equipment, energy management system, automatic meter reading system, smart home-related equipment, optical communications equipment, distribution board, other manufacturing and sales of electrical machinery and equipment.

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