Marufuji Sheet Piling Co (TSE:8046) Debt-to-Equity : 0.02 (As of Sep. 2024)

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What is Marufuji Sheet Piling Co Debt-to-Equity?

Marufuji Sheet Piling Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円500 Mil. Marufuji Sheet Piling Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円0 Mil. Marufuji Sheet Piling Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円29,860 Mil. Marufuji Sheet Piling Co's debt to equity for the quarter that ended in Sep. 2024 was 0.02.

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

TSE:8046' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.17 Max: 0.31
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Marufuji Sheet Piling Co was 0.31. The lowest was 0.02. And the median was 0.17.

TSE:8046's Debt-to-Equity is ranked better than
95.85% of 554 companies
in the Steel industry
Industry Median: 0.43 vs TSE:8046: 0.02

Marufuji Sheet Piling Co Debt-to-Equity Historical Data

The historical data trend for Marufuji Sheet Piling 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.

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Marufuji Sheet Piling Co Debt-to-Equity Chart

Marufuji Sheet Piling Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.16

0.14

0.10

0.06

0.02

Marufuji Sheet Piling Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.06	0.04	0.03	0.02	0.02

Competitive Comparison of Marufuji Sheet Piling Co's Debt-to-Equity

For the Steel subindustry, Marufuji Sheet Piling 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.

Marufuji Sheet Piling Co's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Marufuji Sheet Piling Co's Debt-to-Equity distribution charts can be found below:

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

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Marufuji Sheet Piling Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(500	+	0)	/	29813
	=	0.02

Marufuji Sheet Piling Co's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(500	+	0)	/	29860
	=	0.02

Marufuji Sheet Piling Co (TSE:8046) 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.

Marufuji Sheet Piling Co Debt-to-Equity Related Terms

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Marufuji Sheet Piling Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Marufuji Sheet Piling Co Ltd (TSE:8046) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

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Address

3-7-2 Nihonbashi Honcho Chuo-ku, MFPR Nihonbashi Honcho Building, Tokyo, JPN

Website

http://www.mrfj.co.jp

Marufuji Sheet Piling Co Ltd engages in the manufacture and sale of steel sheet piles, steel plates, and other steel products that include H-shaped steel, architectural steel processed products and reinforced soil wall products. The company offers sheet piles, lightweight steel sheet piles, and corner piles; H shape steel products; steel mountain abstraction products; steel retaining materials; gantry/pier related products; lining plates; and other steel products. It also provides temporary bridges, hat chucks, liner plates, simple holding products, guardrails, PC-ATM products, and two-tone bags, as well as various anchor type reinforced earth products.

Marufuji Sheet Piling Co Headlines

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