Organo (TSE:6368) Debt-to-Equity : 0.41 (As of Dec. 2023)

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What is Organo Debt-to-Equity?

Organo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円35,932 Mil. Organo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円2,400 Mil. Organo's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円94,281 Mil. Organo's debt to equity for the quarter that ended in Dec. 2023 was 0.41.

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

TSE:6368' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.28 Max: 0.41
Current: 0.41

During the past 13 years, the highest Debt-to-Equity Ratio of Organo was 0.41. The lowest was 0.16. And the median was 0.28.

TSE:6368's Debt-to-Equity is ranked worse than
59.64% of 2624 companies
in the Industrial Products industry
Industry Median: 0.29 vs TSE:6368: 0.41

Organo Debt-to-Equity Historical Data

The historical data trend for Organo'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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Organo Debt-to-Equity Chart

Organo Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.25

0.16

0.24

0.21

0.38

Organo 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															0.32	0.38	0.41	0.38	0.41

Competitive Comparison of Organo's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, Organo'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.

Organo's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Organo's Debt-to-Equity distribution charts can be found below:

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

Organo Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Organo'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
	=	(29124	+	3895)	/	86169
	=	0.38

Organo'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
	=	(35932	+	2400)	/	94281
	=	0.41

Organo (TSE:6368) 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.

Organo Debt-to-Equity Related Terms

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

Organo (TSE:6368) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Organo Corp (TSE:6368) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-8 Shinsuna, Koto-ku, Tokyo, JPN, 136-8631

Website

http://www.organo.co.jp

Organo Corp is a Japan-based company mainly engaged in the water treatment engineering business. The company operates in two business divisions namely water treatment engineering and functional product. Its water treatment engineering business includes manufacturing, delivery and maintenance of pure water systems, ultra-pure water systems and wastewater treatment systems for industries, condensate de mineralizers for power stations, waterworks and sewage treatment systems for the public sector. The functional product business encompasses the sale of standardized water treatment equipment, water treatment chemicals, and food processing materials.

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