Flobal (TSE:7132) Debt-to-Equity : 0.18 (As of Sep. 2023)

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What is Flobal Debt-to-Equity?

Flobal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was 円417 Mil. Flobal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was 円7 Mil. Flobal's Total Stockholders Equity for the quarter that ended in Sep. 2023 was 円2,310 Mil. Flobal's debt to equity for the quarter that ended in Sep. 2023 was 0.18.

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 Flobal's Debt-to-Equity or its related term are showing as below:

TSE:7132' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.17 Max: 0.53
Current: 0.18

During the past 4 years, the highest Debt-to-Equity Ratio of Flobal was 0.53. The lowest was 0.07. And the median was 0.17.

TSE:7132's Debt-to-Equity is not ranked
in the Industrial Distribution industry.
Industry Median: 0.5 vs TSE:7132: 0.18

Flobal Debt-to-Equity Historical Data

The historical data trend for Flobal'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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Flobal Debt-to-Equity Chart

Flobal Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.16

0.07

0.11

0.28

Flobal Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	0.11	0.53	0.28	0.18

Competitive Comparison of Flobal's Debt-to-Equity

For the Industrial Distribution subindustry, Flobal'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.

Flobal's Debt-to-Equity Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Flobal's Debt-to-Equity distribution charts can be found below:

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

Flobal Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Flobal's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(597.708	+	9.452)	/	2199.471
	=	0.28

Flobal's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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
	=	(416.523	+	6.792)	/	2309.579
	=	0.18

Flobal (TSE:7132) 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.

Flobal Debt-to-Equity Related Terms

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

Flobal (TSE:7132) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Flobal Corp (TSE:7132) » Definitions » Debt-to-Equity

Comparable Companies

WAR:HOR SGX:AWE XKLS:5035 WARM IST:TGSAS MJHI BKK:THMUI KUW:EQUIPMENT ISX:INTA XKLS:0158

Traded in Other Exchanges

N/A

Address

1-15-10, Nishihonmachi, Nishi-ku, 14th Floor, Tatsuno Nishihonmachi Building, Osaka, JPN, 550-0005

Website

https://www.flobal.jp

Flobal Corp is engaged in trading and manufacturing plumbing parts and components, including connectors, valves, and metal fittings for hoses.

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