Murata Manufacturing Co (TSE:6981) Debt-to-Equity : 0.04 (As of Mar. 2024)

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What is Murata Manufacturing Co Debt-to-Equity?

Murata Manufacturing Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円59,656 Mil. Murata Manufacturing Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円46,284 Mil. Murata Manufacturing Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円2,556,147 Mil. Murata Manufacturing Co's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

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

TSE:6981' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.06 Max: 0.15
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Murata Manufacturing Co was 0.15. The lowest was 0.00. And the median was 0.06.

TSE:6981's Debt-to-Equity is ranked better than
78.76% of 2199 companies
in the Hardware industry
Industry Median: 0.28 vs TSE:6981: 0.07

Murata Manufacturing Co Debt-to-Equity Historical Data

The historical data trend for Murata Manufacturing 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.

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Murata Manufacturing Co Debt-to-Equity Chart

Murata Manufacturing Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.14

0.10

N/A

0.04

Murata Manufacturing Co 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															N/A	0.07	0.06	0.07	0.04

Competitive Comparison of Murata Manufacturing Co's Debt-to-Equity

For the Electronic Components subindustry, Murata Manufacturing 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.

Murata Manufacturing Co's Debt-to-Equity Distribution in the Hardware Industry

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

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

Murata Manufacturing Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Murata Manufacturing Co'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
	=	(59656	+	46284)	/	2556147
	=	0.04

Murata Manufacturing Co'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
	=	(59656	+	46284)	/	2556147
	=	0.04

Murata Manufacturing Co (TSE:6981) 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.

Murata Manufacturing Co Debt-to-Equity Related Terms

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Murata Manufacturing Co (TSE:6981) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Murata Manufacturing Co Ltd (TSE:6981) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MRAAY:USA MRAAF:USA MUR1:Germany

Address

No. 10 No. 1 Yubinbango, Nagaokakyo, 1-chome, Kyoto Higashikotari, Nagaokakyo, JPN, 617-8555

Website

http://www.murata.co.jp

Murata Manufacturing produces passive components for electronic devices. Passive components are necessary for all electronic circuits, used to enable wireless communication, store electricity and handle electric flow, remove electromagnetic noise from circuits, and so on. Thus, passive components are imperative for electronic circuits. For instance, one high-end smartphone contains more than 1,000 passive components. Murata Manufacturing is the global top passive components supplier with 40% market share on MLCC and SAW filters.

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