Environmental Control Center Co (TSE:4657) Debt-to-Equity : 0.93 (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Environmental Control Center Co Debt-to-Equity?

Environmental Control Center Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円1,339 Mil. Environmental Control Center Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円841 Mil. Environmental Control Center Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円2,351 Mil. Environmental Control Center Co's debt to equity for the quarter that ended in Mar. 2024 was 0.93.

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

TSE:4657' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.59 Med: 1.25 Max: 2.28
Current: 0.93

During the past 13 years, the highest Debt-to-Equity Ratio of Environmental Control Center Co was 2.28. The lowest was 0.59. And the median was 1.25.

TSE:4657's Debt-to-Equity is ranked worse than
61.99% of 221 companies
in the Waste Management industry
Industry Median: 0.74 vs TSE:4657: 0.93

Environmental Control Center Co Debt-to-Equity Historical Data

The historical data trend for Environmental Control Center 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.

Environmental Control Center Co Debt-to-Equity Chart

Environmental Control Center Co Annual Data

Trend

Mar14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

1.02

0.89

0.59

0.85

0.80

Environmental Control Center Co 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															1.10	0.80	1.00	1.18	0.93

Competitive Comparison of Environmental Control Center Co's Debt-to-Equity

For the Waste Management subindustry, Environmental Control Center 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.

Environmental Control Center Co's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Environmental Control Center Co's Debt-to-Equity distribution charts can be found below:

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

Environmental Control Center Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Environmental Control Center Co's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(814.642	+	924.078)	/	2161.516
	=	0.80

Environmental Control Center Co'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
	=	(1339.436	+	841.018)	/	2351.018
	=	0.93

Environmental Control Center Co (TSE:4657) 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.

Environmental Control Center Co Debt-to-Equity Related Terms

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

Environmental Control Center Co (TSE:4657) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Environmental Control Center Co Ltd (TSE:4657) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-7-23 Sanda-machi, Hachioji-shi, Tokyo, JPN, 193-0832

Website

http://www.kankyo-kanri.co.jp

Environmental Control Center Co., Ltd. is a Japan based environmental consulting company with a focus on chemical analysis. It provides solutions for environmental problems by monitoring and consulting services for air, water, and soil in the general environment. In addition, it also offers environmental survey, analysis, consulting and designing services for environmental or waste management, environmental conservation and remediation of municipal, prefectural and national governments.

Environmental Control Center Co (TSE:4657) Headlines

No Headlines