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JMS Co (TSE:7702) Debt-to-Equity : 0.66 (As of Mar. 2024)


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What is JMS Co Debt-to-Equity?

JMS Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円14,604 Mil. JMS Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円12,319 Mil. JMS Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円40,572 Mil. JMS Co's debt to equity for the quarter that ended in Mar. 2024 was 0.66.

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

TSE:7702' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41   Med: 0.56   Max: 0.66
Current: 0.66

During the past 13 years, the highest Debt-to-Equity Ratio of JMS Co was 0.66. The lowest was 0.41. And the median was 0.56.

TSE:7702's Debt-to-Equity is ranked worse than
78.38% of 703 companies
in the Medical Devices & Instruments industry
Industry Median: 0.22 vs TSE:7702: 0.66

JMS Co Debt-to-Equity Historical Data

The historical data trend for JMS 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.

JMS Co Debt-to-Equity Chart

JMS 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 0.57 0.53 0.51 0.51 0.66

JMS Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.51 0.49 0.61 0.59 0.66

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

For the Medical Instruments & Supplies subindustry, JMS 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.


JMS Co's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

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

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



JMS Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

JMS Co's Debt to Equity Ratio for the quarter that ended in Mar. 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.


JMS Co  (TSE:7702) 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.


JMS Co Debt-to-Equity Related Terms

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JMS Co Business Description

Traded in Other Exchanges
N/A
Address
1-13-5 Minamiohi, Shinagawa-ku, Tokyo, JPN, 140-0013
JMS Co Ltd is a Japan-based medical equipment manufacturer. The company is primarily engaged in the manufacture, sale, export, and import of medical equipment and pharmaceuticals. Products offered by the company include an infusion pump, syringe pump, surgical gown, peritoneal dialysate, dialyzer, mask cap, sheet for treatment, pacemaker, heat exchanger, blood bag, among others. JMS has network operations in various countries including Europe, North America, Asia, the Middle East, Latin America and Africa.

JMS Co Headlines

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