Fixstars (TSE:3687) Debt-to-Equity : 0.15 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Fixstars Debt-to-Equity?

Fixstars's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円796 Mil. Fixstars's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円103 Mil. Fixstars's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円6,028 Mil. Fixstars's debt to equity for the quarter that ended in Mar. 2024 was 0.15.

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

TSE:3687' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.21 Max: 1.09
Current: 0.15

During the past 11 years, the highest Debt-to-Equity Ratio of Fixstars was 1.09. The lowest was 0.01. And the median was 0.21.

TSE:3687's Debt-to-Equity is ranked better than
56.86% of 2216 companies
in the Software industry
Industry Median: 0.21 vs TSE:3687: 0.15

Fixstars Debt-to-Equity Historical Data

The historical data trend for Fixstars'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.

Fixstars Debt-to-Equity Chart

Fixstars Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

Get a 7-Day Free Trial

1.08

0.83

0.48

0.23

Fixstars 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															0.35	0.29	0.23	0.20	0.15

Competitive Comparison of Fixstars's Debt-to-Equity

For the Software - Application subindustry, Fixstars'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.

Fixstars's Debt-to-Equity Distribution in the Software Industry

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

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

Fixstars Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fixstars's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(804.329	+	493.018)	/	5641.249
	=	0.23

Fixstars'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
	=	(795.996	+	103.353)	/	6028.292
	=	0.15

Fixstars (TSE:3687) 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.

Fixstars Debt-to-Equity Related Terms

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

Fixstars (TSE:3687) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fixstars Corp (TSE:3687) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-11-1 Ohsaki, Shinagawa-Ku, Gate City Ohsaki West Tower 18Floor, Tokyo, JPN, 141-0032

Website

http://www.fixstars.com

Fixstars Corp is a Japan based software company. It offers multicore processors and application acceleration for the next generation of memory technology that delivers high speed IO as well as power savings. The solutions offered by the company are quantum computing, IoT, machine learning and FPGA. It operates in the business areas of Automotive, Flash storage, Industrial equipment, Finance, Healthcare and HPC. The company's products are M-cubed, Geometric Performance Primitives, FlashAir and Yellow Dog Appliance Server.

Fixstars (TSE:3687) Headlines

No Headlines