NEC Networks & System Integration (TSE:1973) Debt-to-Equity : 0.06 (As of Mar. 2024)

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What is NEC Networks & System Integration Debt-to-Equity?

NEC Networks & System Integration's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円9,230 Mil. NEC Networks & System Integration's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円0 Mil. NEC Networks & System Integration's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円152,555 Mil. NEC Networks & System Integration's debt to equity for the quarter that ended in Mar. 2024 was 0.06.

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 NEC Networks & System Integration's Debt-to-Equity or its related term are showing as below:

TSE:1973' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.08 Max: 0.09
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of NEC Networks & System Integration was 0.09. The lowest was 0.06. And the median was 0.08.

TSE:1973's Debt-to-Equity is ranked better than
74.9% of 2223 companies
in the Software industry
Industry Median: 0.21 vs TSE:1973: 0.06

NEC Networks & System Integration Debt-to-Equity Historical Data

The historical data trend for NEC Networks & System Integration'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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NEC Networks & System Integration Debt-to-Equity Chart

NEC Networks & System Integration Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.08

0.09

0.08

0.06

NEC Networks & System Integration 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															0.08	0.08	0.08	0.07	0.06

Competitive Comparison of NEC Networks & System Integration's Debt-to-Equity

For the Information Technology Services subindustry, NEC Networks & System Integration'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.

NEC Networks & System Integration's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, NEC Networks & System Integration's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where NEC Networks & System Integration's Debt-to-Equity falls into.

NEC Networks & System Integration Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NEC Networks & System Integration'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
	=	(9230	+	0)	/	152555
	=	0.06

NEC Networks & System Integration'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
	=	(9230	+	0)	/	152555
	=	0.06

NEC Networks & System Integration (TSE:1973) 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.

NEC Networks & System Integration Debt-to-Equity Related Terms

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NEC Networks & System Integration (TSE:1973) Business Description

Industry

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Traded in Other Exchanges

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Address

2-6-1 Koraku, Bunkyo-ku, Iidabashi First Tower, Tokyo, JPN, 112-8560

Website

http://www.nesic.co.jp

NEC Networks and System Integration Corp provides a variety of information technology, or IT, services. The company also sells IT products, which include servers, video conferencing systems, network systems, security systems, and software. The firm's range of services includes office space design, cloud computing, communication, networks, security, energy conservation, public IT infrastructure, and supporting services. More revenue comes from the sale of network-related products and services than any other IT product or service. The vast majority of revenue comes from Japan.

NEC Networks & System Integration (TSE:1973) Headlines

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