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System Research Co (TSE:3771) Debt-to-Equity : 0.17 (As of Dec. 2023)


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What is System Research Co Debt-to-Equity?

System Research Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,074 Mil. System Research Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円611 Mil. System Research Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円10,013 Mil. System Research Co's debt to equity for the quarter that ended in Dec. 2023 was 0.17.

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

TSE:3771' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15   Med: 0.34   Max: 0.76
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of System Research Co was 0.76. The lowest was 0.15. And the median was 0.34.

TSE:3771's Debt-to-Equity is ranked better than
54.59% of 2224 companies
in the Software industry
Industry Median: 0.21 vs TSE:3771: 0.17

System Research Co Debt-to-Equity Historical Data

The historical data trend for System Research 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.

System Research Co Debt-to-Equity Chart

System Research Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.24 0.20 0.17 0.15

System Research 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 0.20 0.15 0.19 0.16 0.17

Competitive Comparison of System Research Co's Debt-to-Equity

For the Software - Application subindustry, System Research 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.


System Research Co's Debt-to-Equity Distribution in the Software Industry

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

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



System Research Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

System Research Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

System Research 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.


System Research Co  (TSE:3771) 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.


System Research Co Debt-to-Equity Related Terms

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System Research Co (TSE:3771) Business Description

Traded in Other Exchanges
N/A
Address
2-12, Iwatsukahon-tori, Nakamura-ku, Nagoya, JPN, 453-0861
System Research Co., Ltd is a software application service provider in Japan. The business of the company includes SI service operations, outsourcing business, web related business, software development work, software product business, and product sales.

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