Mitsubishi Logisnext Co (TSE:7105) Debt-to-Equity : 2.05 (As of Sep. 2024)

View and export this data going back to 1961. Start your Free Trial

What is Mitsubishi Logisnext Co Debt-to-Equity?

Mitsubishi Logisnext Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円67,225 Mil. Mitsubishi Logisnext Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円175,709 Mil. Mitsubishi Logisnext Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円118,823 Mil. Mitsubishi Logisnext Co's debt to equity for the quarter that ended in Sep. 2024 was 2.04.

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

TSE:7105' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.68 Med: 2.8 Max: 3.5
Current: 2.05

During the past 13 years, the highest Debt-to-Equity Ratio of Mitsubishi Logisnext Co was 3.50. The lowest was 0.68. And the median was 2.80.

TSE:7105's Debt-to-Equity is ranked worse than
91.49% of 188 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.37 vs TSE:7105: 2.05

Mitsubishi Logisnext Co Debt-to-Equity Historical Data

The historical data trend for Mitsubishi Logisnext 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.

Mitsubishi Logisnext Co Debt-to-Equity Chart

Mitsubishi Logisnext Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

3.34

3.32

2.97

3.03

2.06

Mitsubishi Logisnext 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															2.05	1.91	2.06	N/A	2.05

Competitive Comparison of Mitsubishi Logisnext Co's Debt-to-Equity

For the Farm & Heavy Construction Machinery subindustry, Mitsubishi Logisnext 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.

Mitsubishi Logisnext Co's Debt-to-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Mitsubishi Logisnext Co's Debt-to-Equity distribution charts can be found below:

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

Mitsubishi Logisnext Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mitsubishi Logisnext 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
	=	(62286	+	178682)	/	116994
	=	2.06

Mitsubishi Logisnext 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
	=	(67225	+	175709)	/	118823
	=	2.04

Mitsubishi Logisnext Co (TSE:7105) 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.

Mitsubishi Logisnext Co Debt-to-Equity Related Terms

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

Mitsubishi Logisnext Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Mitsubishi Logisnext Co Ltd (TSE:7105) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-1-1 Higashikotari, Nagaokakyo-shi, Kyoto, JPN, 617-8585

Website

http://www.logisnext.com

Mitsubishi Logisnext Co Ltd is the manufacturer of material handling equipment. Principally, it is engaged in the development, design, manufacture, and sale of electric and engine-powered forklifts, transportation robots, automated warehouses, local area network and other logistics equipment and systems, electric vehicles, and monorails. The company offers trucks, electric counterbalanced trucks, low lifters, loaders, order pickers, multi-directional trucks, lateral stacking trucks, stackers, power pallet trucks, and towing tractors.

Mitsubishi Logisnext Co Headlines

No Headlines