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DAIKO Tsusan Co (TSE:7673) Debt-to-Equity : 0.10 (As of Nov. 2024)


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What is DAIKO Tsusan Co Debt-to-Equity?

DAIKO Tsusan Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was 円63 Mil. DAIKO Tsusan Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was 円701 Mil. DAIKO Tsusan Co's Total Stockholders Equity for the quarter that ended in Nov. 2024 was 円8,014 Mil. DAIKO Tsusan Co's debt to equity for the quarter that ended in Nov. 2024 was 0.10.

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

TSE:7673' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.07   Max: 0.92
Current: 0.1

During the past 8 years, the highest Debt-to-Equity Ratio of DAIKO Tsusan Co was 0.92. The lowest was 0.04. And the median was 0.07.

TSE:7673's Debt-to-Equity is ranked better than
72.54% of 2174 companies
in the Hardware industry
Industry Median: 0.28 vs TSE:7673: 0.10

DAIKO Tsusan Co Debt-to-Equity Historical Data

The historical data trend for DAIKO Tsusan 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.

DAIKO Tsusan Co Debt-to-Equity Chart

DAIKO Tsusan Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24
Debt-to-Equity
Get a 7-Day Free Trial 0.07 0.07 0.06 0.05 0.10

DAIKO Tsusan Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24
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 0.04 0.07 0.07 0.10 0.10

Competitive Comparison of DAIKO Tsusan Co's Debt-to-Equity

For the Communication Equipment subindustry, DAIKO Tsusan 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.


DAIKO Tsusan Co's Debt-to-Equity Distribution in the Hardware Industry

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

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


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DAIKO Tsusan Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DAIKO Tsusan Co's Debt to Equity Ratio for the fiscal year that ended in May. 2024 is calculated as

DAIKO Tsusan Co's Debt to Equity Ratio for the quarter that ended in Nov. 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.


DAIKO Tsusan Co  (TSE:7673) 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.


DAIKO Tsusan Co Debt-to-Equity Related Terms

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DAIKO Tsusan Co Business Description

Traded in Other Exchanges
N/A
Address
3-6-11 Himebara, Ehime Prefecture, Matsuyama, JPN, 791-8012
DAIKO Tsusan Co Ltd provides Community Access Television (CATV), and telecommunications products.

DAIKO Tsusan Co Headlines

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