SUMCO (TSE:3436) Debt-to-Equity : 0.39 (As of Dec. 2023)

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What is SUMCO Debt-to-Equity?

SUMCO's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円34,199 Mil. SUMCO's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円190,254 Mil. SUMCO's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円572,154 Mil. SUMCO's debt to equity for the quarter that ended in Dec. 2023 was 0.39.

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

TSE:3436' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 0.52 Max: 1.2
Current: 0.39

During the past 13 years, the highest Debt-to-Equity Ratio of SUMCO was 1.20. The lowest was 0.27. And the median was 0.52.

TSE:3436's Debt-to-Equity is ranked worse than
62.36% of 882 companies
in the Semiconductors industry
Industry Median: 0.26 vs TSE:3436: 0.39

SUMCO Debt-to-Equity Historical Data

The historical data trend for SUMCO'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.

SUMCO Debt-to-Equity Chart

SUMCO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.50

0.48

0.30

0.27

0.39

SUMCO Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.27	0.25	0.29	0.34	0.39

Competitive Comparison of SUMCO's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, SUMCO'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.

SUMCO's Debt-to-Equity Distribution in the Semiconductors Industry

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

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

SUMCO Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SUMCO's Debt to Equity Ratio for the fiscal year 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
	=	(34199	+	190254)	/	572154
	=	0.39

SUMCO'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
	=	(34199	+	190254)	/	572154
	=	0.39

SUMCO (TSE:3436) 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.

SUMCO Debt-to-Equity Related Terms

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

SUMCO (TSE:3436) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SUMCO Corp (TSE:3436) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SUOPY:USA SUMCF:USA S3X:Germany

Address

1-2-1 Shibaura, Seavans North, Minato-ku, Tokyo, JPN, 105-8634

Website

http://www.sumcosi.com

Founded in 1999 as a joint venture between Nippon Steel and two Mitsubishi entities, Sumco is the world's second-largest semiconductor-grade silicon wafer manufacturer, with 22% market share in 2022. Sumco is headquartered in Tokyo and operates seven production sites across Japan. It also maintains sales and support offices in Taiwan, the U.S., the U.K., Indonesia, and Singapore. Sumco sells to most semiconductor manufacturers like TSMC, Intel, Samsung and Micron. The firm employs over 9,000 people.

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