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Iwatsu Electric Co (TSE:6704) Debt-to-Equity : 0.21 (As of Mar. 2024)


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What is Iwatsu Electric Co Debt-to-Equity?

Iwatsu Electric Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円0 Mil. Iwatsu Electric Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円6,025 Mil. Iwatsu Electric Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円28,594 Mil. Iwatsu Electric Co's debt to equity for the quarter that ended in Mar. 2024 was 0.21.

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

TSE:6704' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.21
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of Iwatsu Electric Co was 0.21. The lowest was 0.00. And the median was 0.01.

TSE:6704's Debt-to-Equity is not ranked
in the Hardware industry.
Industry Median: 0.29 vs TSE:6704: 0.21

Iwatsu Electric Co Debt-to-Equity Historical Data

The historical data trend for Iwatsu 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.

Iwatsu Electric Co Debt-to-Equity Chart

Iwatsu 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 - - - 0.01 0.21

Iwatsu Electric Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.01 0.25 0.25 0.22 0.21

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

For the Communication Equipment subindustry, Iwatsu 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.


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

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

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



Iwatsu Electric Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Iwatsu Electric Co's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Iwatsu Electric Co  (TSE:6704) 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.


Iwatsu Electric Co Debt-to-Equity Related Terms

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Iwatsu Electric Co Business Description

Traded in Other Exchanges
N/A
Address
1-7-41, Kugayama, Suginami-ku, Tokyo, JPN
Iwatsu Electric Co Ltd is a Japan-based company engages in the manufacture and sale of telecommunications, printing systems, and test and measurement equipment.

Iwatsu Electric Co Headlines

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