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Tomen Electronics (TSE:7558) Debt-to-Equity : 0.37 (As of Sep. 2014)


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What is Tomen Electronics Debt-to-Equity?

Tomen Electronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was 円14,119 Mil. Tomen Electronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was 円3,000 Mil. Tomen Electronics's Total Stockholders Equity for the quarter that ended in Sep. 2014 was 円45,836 Mil. Tomen Electronics's debt to equity for the quarter that ended in Sep. 2014 was 0.37.

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

TSE:7558' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: 0.37

TSE:7558's Debt-to-Equity is not ranked
in the Hardware industry.
Industry Median: 0.29 vs TSE:7558: 0.37

Tomen Electronics Debt-to-Equity Historical Data

The historical data trend for Tomen Electronics'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.

Tomen Electronics Debt-to-Equity Chart

Tomen Electronics Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Debt-to-Equity
Get a 7-Day Free Trial 0.24 0.25 0.31 0.31 0.32

Tomen Electronics Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 0.36 0.45 0.32 0.37 0.37

Competitive Comparison of Tomen Electronics's Debt-to-Equity

For the Electronics & Computer Distribution subindustry, Tomen Electronics'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.


Tomen Electronics's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tomen Electronics's Debt-to-Equity distribution charts can be found below:

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



Tomen Electronics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tomen Electronics's Debt to Equity Ratio for the fiscal year that ended in Mar. 2014 is calculated as

Tomen Electronics's Debt to Equity Ratio for the quarter that ended in Sep. 2014 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.


Tomen Electronics  (TSE:7558) 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.


Tomen Electronics Debt-to-Equity Related Terms

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Tomen Electronics (TSE:7558) Business Description

Traded in Other Exchanges
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Address
Tomen Electronics Corporation is an importer, exporter, and distributor of electronic devices which includes semiconductor, storage and communication unit components, software and others. The company is segmented into Automotive; Consumer; Imaging; Information and communications; Industrial Equipment; Power Electronics and Amusement.

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