Anritsu (TSE:6754) Debt-to-Equity : 0.03 (As of Mar. 2024)

View and export this data going back to 1961. Start your Free Trial

What is Anritsu Debt-to-Equity?

Anritsu's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円4,087 Mil. Anritsu's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円0 Mil. Anritsu's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円125,520 Mil. Anritsu's debt to equity for the quarter that ended in Mar. 2024 was 0.03.

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

TSE:6754' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.16 Max: 0.29
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Anritsu was 0.29. The lowest was 0.03. And the median was 0.16.

TSE:6754's Debt-to-Equity is ranked better than
90.23% of 2200 companies
in the Hardware industry
Industry Median: 0.28 vs TSE:6754: 0.03

Anritsu Debt-to-Equity Historical Data

The historical data trend for Anritsu'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.

Anritsu Debt-to-Equity Chart

Anritsu Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.14

0.04

0.03

Anritsu Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.04	0.04	0.03	0.03	0.03

Competitive Comparison of Anritsu's Debt-to-Equity

For the Electronic Components subindustry, Anritsu'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.

Anritsu's Debt-to-Equity Distribution in the Hardware Industry

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

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

Anritsu Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Anritsu'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
	=	(4087	+	0)	/	125520
	=	0.03

Anritsu's Debt to Equity Ratio for the quarter 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
	=	(4087	+	0)	/	125520
	=	0.03

Anritsu (TSE:6754) 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.

Anritsu Debt-to-Equity Related Terms

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

Anritsu (TSE:6754) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Anritsu Corp (TSE:6754) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AITUY:USA AN1:Germany

Address

5-1-1 Onna, Atsugi-shi, Kanagawa, JPN, 243-8555

Website

http://www.anritsu.com

Anritsu Corp is an electronic components manufacturer. The company has three business segments: Measurement, Products Quality Assurance, and Others. The Measurement segment offers measuring devices for mobile phone acceptance testing by mobile phone operators. The Product Quality Assurance Segment offers automatic electronic weighing equipment and contaminant detectors for food, cosmetics, and pharmaceutical industries, and x-ray detectors for contaminants. Anritsu's x-ray machines can detect and remove metal fragments. The Other business segment has a variety of interests, including telecommunication equipment, logistics, and real estate. The company earns the vast majority of its revenue in Japan.

Anritsu (TSE:6754) Headlines

No Headlines