Qualtec Co (TSE:9165) Debt-to-Equity : 0.11 (As of Jun. 2023)

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What is Qualtec Co Debt-to-Equity?

Qualtec Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was 円178 Mil. Qualtec Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was 円77 Mil. Qualtec Co's Total Stockholders Equity for the quarter that ended in Jun. 2023 was 円2,380 Mil. Qualtec Co's debt to equity for the quarter that ended in Jun. 2023 was 0.11.

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

TSE:9165' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.18 Max: 0.33
Current: 0.11

During the past 3 years, the highest Debt-to-Equity Ratio of Qualtec Co was 0.33. The lowest was 0.11. And the median was 0.18.

TSE:9165's Debt-to-Equity is ranked better than
77.56% of 918 companies
in the Business Services industry
Industry Median: 0.37 vs TSE:9165: 0.11

Qualtec Co Debt-to-Equity Historical Data

The historical data trend for Qualtec 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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Qualtec Co Debt-to-Equity Chart

Qualtec Co Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-Equity

0.33

0.18

0.11

Qualtec Co Semi-Annual Data
	Jun21	Jun22	Jun23
Debt-to-Equity	0.33	0.18	0.11

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

For the Specialty Business Services subindustry, Qualtec 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.

Qualtec Co's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Qualtec Co's Debt-to-Equity distribution charts can be found below:

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

Qualtec Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Qualtec Co's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 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
	=	(177.745	+	77.183)	/	2380.367
	=	0.11

Qualtec Co's Debt to Equity Ratio for the quarter that ended in Jun. 2023 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
	=	(177.745	+	77.183)	/	2380.367
	=	0.11

Qualtec Co (TSE:9165) 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.

Qualtec Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Qualtec Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Qualtec Co (TSE:9165) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Qualtec Co Ltd (TSE:9165) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-230 Sanbo-cho, Sakai-ku Sakai-shi, Osaka, JPN, 590-0906

Website

https://www.qualtec.co.jp

Qualtec Co Ltd Provides failure analysis and reliability testing of electronic components and is also engaged in the development and sale of testing equipment; fine processing of electronic components; Microfabrication centered on laser processing and surface treatment (plating) technology etc.

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