Seiryo Electric (TSE:4341) Debt-to-Equity : 0.16 (As of Dec. 2023)

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What is Seiryo Electric Debt-to-Equity?

Seiryo Electric's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円800 Mil. Seiryo Electric's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Seiryo Electric's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円5,111 Mil. Seiryo Electric's debt to equity for the quarter that ended in Dec. 2023 was 0.16.

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

TSE:4341' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.11 Max: 0.27
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Seiryo Electric was 0.27. The lowest was 0.00. And the median was 0.11.

TSE:4341's Debt-to-Equity is ranked better than
81.45% of 345 companies
in the Telecommunication Services industry
Industry Median: 0.66 vs TSE:4341: 0.16

Seiryo Electric Debt-to-Equity Historical Data

The historical data trend for Seiryo Electric'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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Seiryo Electric Debt-to-Equity Chart

Seiryo Electric Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.20

0.27

0.11

0.04

0.19

Seiryo Electric 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															0.15	0.19	0.02	0.02	0.16

Competitive Comparison of Seiryo Electric's Debt-to-Equity

For the Telecom Services subindustry, Seiryo Electric'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.

Seiryo Electric's Debt-to-Equity Distribution in the Telecommunication Services Industry

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

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

Seiryo Electric Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Seiryo Electric's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(1000	+	0)	/	5156
	=	0.19

Seiryo Electric's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(800	+	0)	/	5111
	=	0.16

Seiryo Electric (TSE:4341) 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.

Seiryo Electric Debt-to-Equity Related Terms

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Seiryo Electric (TSE:4341) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Seiryo Electric Corp (TSE:4341) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-4-27, Dojima, Kita-ku, Shinfujita Building, Osaka, JPN, 530-0003

Website

http://www.seiryodenki.co.jp

Seiryo Electric Corp sales and maintains information communications products equipped with visual aids, such as traffic monitoring systems and meteorological observation instruments. Its system solutions include Radio system and Tracking management solution which is designed to monitor in real-time critical information from surveillance systems like live videos from CCTV, and warning notifications can be shown on digital signage system and issued for preventive actions. It also provides consulting, designing and operations of systems.

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