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MeganTop Co., (TSE:7541) Debt-to-Equity : 0.07 (As of Mar. 2013)


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What is MeganTop Co., Debt-to-Equity?

MeganTop Co.,'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2013 was 円1,260 Mil. MeganTop Co.,'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2013 was 円345 Mil. MeganTop Co.,'s Total Stockholders Equity for the quarter that ended in Mar. 2013 was 円24,040 Mil. MeganTop Co.,'s debt to equity for the quarter that ended in Mar. 2013 was 0.07.

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

TSE:7541's Debt-to-Equity is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 0.215
* Ranked among companies with meaningful Debt-to-Equity only.

MeganTop Co., Debt-to-Equity Historical Data

The historical data trend for MeganTop 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.

MeganTop Co., Debt-to-Equity Chart

MeganTop Co., Annual Data
Trend Mar09 Mar10 Mar11 Mar12
Debt-to-Equity
0.71 0.51 0.25 0.15

MeganTop Co., Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only 0.15 0.18 0.06 0.13 0.07

Competitive Comparison of MeganTop Co.,'s Debt-to-Equity

For the Medical Instruments & Supplies subindustry, MeganTop 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.

MeganTop Co.,'s Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, MeganTop Co.,'s Debt-to-Equity distribution charts can be found below:

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


MeganTop Co., Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MeganTop Co.,'s Debt to Equity Ratio for the fiscal year that ended in Mar. 2012 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
=(1181.596 + 1893.992) / 20083.132
=0.15

MeganTop Co.,'s Debt to Equity Ratio for the quarter that ended in Mar. 2013 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
=(1260 + 345.089) / 24040.08
=0.07

* 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.

MeganTop Co.,  (TSE:7541) 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.

MeganTop Co., Debt-to-Equity Related Terms

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