Sanwa Holdings (TSE:5929) Debt-to-Equity : 0.17 (As of Dec. 2023)

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What is Sanwa Holdings Debt-to-Equity?

Sanwa Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円9,449 Mil. Sanwa Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円37,465 Mil. Sanwa Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円277,531 Mil. Sanwa Holdings'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 Sanwa Holdings's Debt-to-Equity or its related term are showing as below:

TSE:5929' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.44 Max: 0.72
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Sanwa Holdings was 0.72. The lowest was 0.17. And the median was 0.44.

TSE:5929's Debt-to-Equity is ranked better than
72.14% of 1511 companies
in the Construction industry
Industry Median: 0.44 vs TSE:5929: 0.17

Sanwa Holdings Debt-to-Equity Historical Data

The historical data trend for Sanwa Holdings'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.

Sanwa Holdings Debt-to-Equity Chart

Sanwa Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.41

0.39

0.26

0.25

0.20

Sanwa Holdings 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															0.25	0.23	0.18	0.17	0.20

Competitive Comparison of Sanwa Holdings's Debt-to-Equity

For the Building Products & Equipment subindustry, Sanwa Holdings'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.

Sanwa Holdings's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sanwa Holdings's Debt-to-Equity distribution charts can be found below:

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

Sanwa Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sanwa Holdings's Debt to Equity Ratio for the fiscal year 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
	=	(11020	+	45812)	/	283810
	=	0.20

Sanwa Holdings'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
	=	(9449	+	37465)	/	277531
	=	0.17

Sanwa Holdings (TSE:5929) 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.

Sanwa Holdings Debt-to-Equity Related Terms

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Sanwa Holdings (TSE:5929) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sanwa Holdings Corp (TSE:5929) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SNWAF:USA XST:Germany

Address

Nishi-Shinjuku 2-1-1, Shinjuku Mitsui Building, 52nd Floor, Shinjuku-ku, Tokyo, JPN, 163-0478

Website

https://www.sanwa-hldgs.co.jp

Sanwa Holdings Corp produces doors for residential and non-residential buildings through its subsidiaries. It offers condominium doors, window shutters, exterior products, garage doors, operators, and hinge doors for residential buildings; and heavy-duty shutters, steel doors, partitions, stainless steel products, overhead doors, automatic doors, truck/trailer doors, and industrial doors for non-residential buildings. The company operates in Japan, North America, and Europe.

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