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RECOMM Co (TSE:3323) Debt-to-Equity : 0.78 (As of Dec. 2023)


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What is RECOMM Co Debt-to-Equity?

RECOMM Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円2,370 Mil. RECOMM Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,189 Mil. RECOMM Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円4,567 Mil. RECOMM Co's debt to equity for the quarter that ended in Dec. 2023 was 0.78.

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

TSE:3323' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21   Med: 0.56   Max: 2.15
Current: 0.78

During the past 13 years, the highest Debt-to-Equity Ratio of RECOMM Co was 2.15. The lowest was 0.21. And the median was 0.56.

TSE:3323's Debt-to-Equity is ranked worse than
56.81% of 345 companies
in the Telecommunication Services industry
Industry Median: 0.66 vs TSE:3323: 0.78

RECOMM Co Debt-to-Equity Historical Data

The historical data trend for RECOMM 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.

* Premium members only.

RECOMM Co Debt-to-Equity Chart

RECOMM Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.39 0.64 0.58 0.57 0.75

RECOMM Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.56 0.57 0.75 0.78

Competitive Comparison of RECOMM Co's Debt-to-Equity

For the Telecom Services subindustry, RECOMM 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.


RECOMM Co's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, RECOMM Co's Debt-to-Equity distribution charts can be found below:

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



RECOMM Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

RECOMM Co's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

RECOMM Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


RECOMM Co  (TSE:3323) 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.


RECOMM Co Debt-to-Equity Related Terms

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


RECOMM Co (TSE:3323) Business Description

Traded in Other Exchanges
N/A
Address
Ichigaya Building No. 6, 7th floor Kudankita four-chome, Chiyoda-ku, Tokyo, JPN
RECOMM Co Ltd is engaged in the sale of business phones, digital multifunction machines, network products, LED lighting, and other eco products. The company is also involved in the sales of mobile terminals and maintenance services.

RECOMM Co (TSE:3323) Headlines

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