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Sanko Gosei (TSE:7888) Debt-to-Equity : 0.61 (As of Feb. 2024)


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What is Sanko Gosei Debt-to-Equity?

Sanko Gosei's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円10,107 Mil. Sanko Gosei's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円6,870 Mil. Sanko Gosei's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円27,752 Mil. Sanko Gosei's debt to equity for the quarter that ended in Feb. 2024 was 0.61.

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 Sanko Gosei's Debt-to-Equity or its related term are showing as below:

TSE:7888' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.58   Med: 0.78   Max: 1.45
Current: 0.61

During the past 13 years, the highest Debt-to-Equity Ratio of Sanko Gosei was 1.45. The lowest was 0.58. And the median was 0.78.

TSE:7888's Debt-to-Equity is ranked worse than
75.54% of 875 companies
in the Semiconductors industry
Industry Median: 0.26 vs TSE:7888: 0.61

Sanko Gosei Debt-to-Equity Historical Data

The historical data trend for Sanko Gosei'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.

Sanko Gosei Debt-to-Equity Chart

Sanko Gosei Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.98 0.99 0.88 0.78

Sanko Gosei Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.62 0.78 0.59 0.60 0.61

Competitive Comparison of Sanko Gosei's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Sanko Gosei'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.


Sanko Gosei's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sanko Gosei's Debt-to-Equity distribution charts can be found below:

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



Sanko Gosei Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sanko Gosei's Debt to Equity Ratio for the fiscal year that ended in May. 2023 is calculated as

Sanko Gosei's Debt to Equity Ratio for the quarter that ended in Feb. 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.


Sanko Gosei  (TSE:7888) 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.


Sanko Gosei Debt-to-Equity Related Terms

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Sanko Gosei (TSE:7888) Business Description

Traded in Other Exchanges
N/A
Address
1200 Habushin, Toyama Prefecture, Nanto, JPN, 939-1698
Sanko Gosei Ltd is engaged in the molding and sales of plastic parts, production and assembly of mechanical/digital parts, design, production, and sales of molds for plastic molded parts, industrial products, industrial robots, and dispatching workers, among others.

Sanko Gosei (TSE:7888) Headlines

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