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TUSEF (Tohoku Steel Co) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Tohoku Steel Co Debt-to-Equity?

Tohoku Steel Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Tohoku Steel Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Tohoku Steel Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $184.02 Mil. Tohoku Steel Co's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

TUSEF's Debt-to-Equity is not ranked *
in the Steel industry.
Industry Median: 0.42
* Ranked among companies with meaningful Debt-to-Equity only.

Tohoku Steel Co Debt-to-Equity Historical Data

The historical data trend for Tohoku Steel 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.

Tohoku Steel Co Debt-to-Equity Chart

Tohoku Steel Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
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Tohoku Steel Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Tohoku Steel Co's Debt-to-Equity

For the Steel subindustry, Tohoku Steel 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.


Tohoku Steel Co's Debt-to-Equity Distribution in the Steel Industry

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

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



Tohoku Steel Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Tohoku Steel Co's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Tohoku Steel Co  (GREY:TUSEF) 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.


Tohoku Steel Co Debt-to-Equity Related Terms

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


Tohoku Steel Co Business Description

Traded in Other Exchanges
Address
23 Nishigaoka, Murata-machi, Shibata-gun, Miyagi, Murata, JPN, 989-1393
Tohoku Steel Co Ltd is engaged in manufacturing, processing, and distribution of various types of special steel. It provides magnetic materials, heat-resistant alloys, anti-corrosion alloys, low thermal expansion materials, electronic materials, base materials for deposition, and sealing materials.

Tohoku Steel Co Headlines

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