Fuluhashi Epo (TSE:9221) Debt-to-Equity : 0.65 (As of Dec. 2023)

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What is Fuluhashi Epo Debt-to-Equity?

Fuluhashi Epo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,326 Mil. Fuluhashi Epo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円2,253 Mil. Fuluhashi Epo's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円5,473 Mil. Fuluhashi Epo's debt to equity for the quarter that ended in Dec. 2023 was 0.65.

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 Fuluhashi Epo's Debt-to-Equity or its related term are showing as below:

TSE:9221' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.65 Med: 1.65 Max: 3.71
Current: 0.65

During the past 4 years, the highest Debt-to-Equity Ratio of Fuluhashi Epo was 3.71. The lowest was 0.65. And the median was 1.65.

TSE:9221's Debt-to-Equity is ranked better than
53.18% of 220 companies
in the Waste Management industry
Industry Median: 0.74 vs TSE:9221: 0.65

Fuluhashi Epo Debt-to-Equity Historical Data

The historical data trend for Fuluhashi Epo'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.

Fuluhashi Epo Debt-to-Equity Chart

Fuluhashi Epo Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

3.71

2.87

2.35

0.80

Fuluhashi Epo Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						1.44	0.80	0.78	0.69	0.65

Competitive Comparison of Fuluhashi Epo's Debt-to-Equity

For the Waste Management subindustry, Fuluhashi Epo'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.

Fuluhashi Epo's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Fuluhashi Epo's Debt-to-Equity distribution charts can be found below:

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

Fuluhashi Epo Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fuluhashi Epo's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(1563.316	+	2479.188)	/	5052.452
	=	0.80

Fuluhashi Epo's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(1326.267	+	2253.331)	/	5473.088
	=	0.65

Fuluhashi Epo (TSE:9221) 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.

Fuluhashi Epo Debt-to-Equity Related Terms

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Fuluhashi Epo (TSE:9221) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Fuluhashi Epo Corp (TSE:9221) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

9221:Japan

Address

1-14-18 Kanayama, Naka-ku, Aichi, A-PLACE Kanayama 6th floor, Nagoya, JPN, 460-0022

Website

https://www.fuluhashi.co.jp

Fuluhashi Epo Corp is engaged in the intermediate processing and recycling of wood waste, sales of recycled wood chips, recycling of construction by-product, production and sales of pallet and other distribution equipment.

Fuluhashi Epo (TSE:9221) Headlines

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