Mitsui E&S Co (TSE:7003) Debt-to-Equity : 0.67 (As of Sep. 2024)

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What is Mitsui E&S Co Debt-to-Equity?

Mitsui E&S Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円60,431 Mil. Mitsui E&S Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円45,527 Mil. Mitsui E&S Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円158,733 Mil. Mitsui E&S Co's debt to equity for the quarter that ended in Sep. 2024 was 0.67.

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 Mitsui E&S Co's Debt-to-Equity or its related term are showing as below:

TSE:7003' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.67 Med: 1.33 Max: 3.21
Current: 0.67

During the past 13 years, the highest Debt-to-Equity Ratio of Mitsui E&S Co was 3.21. The lowest was 0.67. And the median was 1.33.

TSE:7003's Debt-to-Equity is ranked worse than
68.84% of 276 companies
in the Aerospace & Defense industry
Industry Median: 0.36 vs TSE:7003: 0.67

Mitsui E&S Co Debt-to-Equity Historical Data

The historical data trend for Mitsui E&S 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.

Mitsui E&S Co Debt-to-Equity Chart

Mitsui E&S Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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2.90

2.72

2.63

1.41

1.20

Mitsui E&S Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															1.38	1.25	1.20	N/A	0.67

Competitive Comparison of Mitsui E&S Co's Debt-to-Equity

For the Aerospace & Defense subindustry, Mitsui E&S 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.

Mitsui E&S Co's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Mitsui E&S Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mitsui E&S Co's Debt-to-Equity falls into.

Mitsui E&S Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mitsui E&S 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
	=	(153271	+	17388)	/	142096
	=	1.20

Mitsui E&S 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
	=	(60431	+	45527)	/	158733
	=	0.67

Mitsui E&S Co (TSE:7003) 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.

Mitsui E&S Co Debt-to-Equity Related Terms

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Mitsui E&S Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Mitsui E&S Co Ltd (TSE:7003) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

MU1:Germany

Address

6-4 Tsukiji 5-chome, Chuo-ku, Tokyo, JPN, 104-8439

Website

https://www.mes.co.jp

Mitsui E&S Co Ltd constructs commercial and naval ships, engines and generators, plants, and other engineering projects. It manufactures carriers, tankers, vessels, and underwater vehicles for a variety of end markets. Engineering and design teams work to enhance technological capabilities and deliver advanced ships. Mitsui has three business segments: ship and ocean projects (approximately half of total revenue), machinery and systems, and engineering. It plans and builds chemical, power generation, water, and waste plants to help customers develop cost-effective products. After-sales services repair industrial machinery and deliver spare parts to customers. Japan and Brazil generate more sales than any other country.

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