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Sukegawa Electric Co (TSE:7711) Debt-to-Equity : 0.37 (As of Dec. 2023)


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What is Sukegawa Electric Co Debt-to-Equity?

Sukegawa Electric Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円718 Mil. Sukegawa Electric Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円620 Mil. Sukegawa Electric Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円3,616 Mil. Sukegawa Electric Co's debt to equity for the quarter that ended in Dec. 2023 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 Sukegawa Electric Co's Debt-to-Equity or its related term are showing as below:

TSE:7711' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33   Med: 0.38   Max: 0.47
Current: 0.37

During the past 13 years, the highest Debt-to-Equity Ratio of Sukegawa Electric Co was 0.47. The lowest was 0.33. And the median was 0.38.

TSE:7711's Debt-to-Equity is ranked worse than
56.6% of 2622 companies
in the Industrial Products industry
Industry Median: 0.29 vs TSE:7711: 0.37

Sukegawa Electric Co Debt-to-Equity Historical Data

The historical data trend for Sukegawa Electric 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.

Sukegawa Electric Co Debt-to-Equity Chart

Sukegawa Electric Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.44 0.41 0.39 0.37

Sukegawa Electric Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.46 0.38 0.40 0.37 0.37

Competitive Comparison of Sukegawa Electric Co's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Sukegawa Electric 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.


Sukegawa Electric Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sukegawa Electric Co's Debt-to-Equity distribution charts can be found below:

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



Sukegawa Electric Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sukegawa Electric Co's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Sukegawa Electric Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Sukegawa Electric Co  (TSE:7711) 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.


Sukegawa Electric Co Debt-to-Equity Related Terms

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Sukegawa Electric Co (TSE:7711) Business Description

Traded in Other Exchanges
N/A
Address
3333-23 Kamitezuna, Ibaraki Prefecture, Takahagi, JPN, 318-0004
Sukegawa Electric Co., Ltd is engaged in manufacture of energy and industrial systems business. The products of the company include thermal equipment, temperature sensor, MI cable, molten metal equipment, vaccum equipment, and sodium related products.

Sukegawa Electric Co (TSE:7711) Headlines

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