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TBK Co (TSE:7277) Debt-to-Equity : 0.32 (As of Sep. 2024)


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What is TBK Co Debt-to-Equity?

TBK Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円7,726 Mil. TBK Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円1,348 Mil. TBK Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円28,215 Mil. TBK Co's debt to equity for the quarter that ended in Sep. 2024 was 0.32.

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

TSE:7277' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27   Med: 0.36   Max: 0.56
Current: 0.32

During the past 13 years, the highest Debt-to-Equity Ratio of TBK Co was 0.56. The lowest was 0.27. And the median was 0.36.

TSE:7277's Debt-to-Equity is ranked better than
62.63% of 1188 companies
in the Vehicles & Parts industry
Industry Median: 0.475 vs TSE:7277: 0.32

TBK Co Debt-to-Equity Historical Data

The historical data trend for TBK 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.

TBK Co Debt-to-Equity Chart

TBK 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 0.42 0.34 0.27 0.34 0.33

TBK Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 0.34 0.34 0.36 0.33 0.32

Competitive Comparison of TBK Co's Debt-to-Equity

For the Auto Parts subindustry, TBK 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.


TBK Co's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, TBK Co's Debt-to-Equity distribution charts can be found below:

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



TBK Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

TBK Co's Debt to Equity Ratio for the quarter that ended in Sep. 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.


TBK Co  (TSE:7277) 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.


TBK Co Debt-to-Equity Related Terms

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


TBK Co Business Description

Traded in Other Exchanges
N/A
Address
4-21-1 Minami-Naruse, Machida-shi, Tokyo, JPN, 194-0045
TBK Co Ltd is a Japan-based company engages in the development, production, and sales of components for heavy-duty, medium-duty, and light-duty vehicles. Its products portfolio includes brakes including drum brakes consisting of air and hydraulic brakes, as well as auxiliary products for drum brakes, water pumps for engine cooling and oil pumps for engine lubrication.

TBK Co Headlines

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