Ferrotec Holdings (TSE:6890) Debt-to-Equity : 0.61 (As of Dec. 2023)

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What is Ferrotec Holdings Debt-to-Equity?

Ferrotec Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円40,144 Mil. Ferrotec Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円88,545 Mil. Ferrotec Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円209,540 Mil. Ferrotec Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.61.

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

TSE:6890' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.53 Max: 1.71
Current: 0.61

During the past 13 years, the highest Debt-to-Equity Ratio of Ferrotec Holdings was 1.71. The lowest was 0.29. And the median was 0.53.

TSE:6890's Debt-to-Equity is ranked worse than
74.83% of 878 companies
in the Semiconductors industry
Industry Median: 0.27 vs TSE:6890: 0.61

Ferrotec Holdings Debt-to-Equity Historical Data

The historical data trend for Ferrotec Holdings'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.

Ferrotec Holdings Debt-to-Equity Chart

Ferrotec Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.24

1.68

0.74

0.30

0.39

Ferrotec Holdings 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															0.37	0.39	0.60	0.57	0.61

Competitive Comparison of Ferrotec Holdings's Debt-to-Equity

For the Semiconductors subindustry, Ferrotec Holdings'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.

Ferrotec Holdings's Debt-to-Equity Distribution in the Semiconductors Industry

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

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

Ferrotec Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ferrotec Holdings'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
	=	(36904	+	35358)	/	183766
	=	0.39

Ferrotec Holdings'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
	=	(40144	+	88545)	/	209540
	=	0.61

Ferrotec Holdings (TSE:6890) 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.

Ferrotec Holdings Debt-to-Equity Related Terms

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Ferrotec Holdings (TSE:6890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Ferrotec Holdings Corp (TSE:6890) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FER:Germany

Address

2-3-4 Nihonbashi, Chuo-ku, Nihonbashi Plaza Building, Tokyo, JPN, 103-0027

Website

http://www.ferrotec.co.jp

Ferrotec Holdings Corp is a manufacturer of semiconductor equipment related products. The company operates through four business segments. Its Electronic device segment manufactures thermo-electric modules, ferrofluid, and power semiconductor substrate. The Equipment-related segment is engaged in the production and sale of vacuum seal, quartz products, ceramics and silicon products, silicon parts, and wafer products. Its Photovoltaic segment is involved in the formation of silicon crystal equipment, quartz crucible, and silicon for the solar cell. The company's Other segment comprises of laundry and other related industrial equipment.

Ferrotec Holdings (TSE:6890) Headlines

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