Amano (TSE:6436) Debt-to-Equity : 0.11 (As of Mar. 2024)

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What is Amano Debt-to-Equity?

Amano's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円5,501 Mil. Amano's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円8,356 Mil. Amano's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円127,600 Mil. Amano's debt to equity for the quarter that ended in Mar. 2024 was 0.11.

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

TSE:6436' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.07 Max: 0.11
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Amano was 0.11. The lowest was 0.04. And the median was 0.07.

TSE:6436's Debt-to-Equity is ranked better than
72.31% of 2196 companies
in the Hardware industry
Industry Median: 0.29 vs TSE:6436: 0.11

Amano Debt-to-Equity Historical Data

The historical data trend for Amano'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.

Amano Debt-to-Equity Chart

Amano Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.07

0.08

0.10

0.11

Amano 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															0.10	0.11	0.12	0.12	0.11

Competitive Comparison of Amano's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, Amano'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.

Amano's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Amano's Debt-to-Equity distribution charts can be found below:

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

Amano Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Amano'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
	=	(5501	+	8356)	/	127600
	=	0.11

Amano'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
	=	(5501	+	8356)	/	127600
	=	0.11

Amano (TSE:6436) 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.

Amano Debt-to-Equity Related Terms

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

Amano (TSE:6436) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Amano Corp (TSE:6436) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

275 Mamedocho, Kohoku-ku, Yokohama, Kanagawa, JPN, 222-8558

Website

http://www.amano.co.jp

Amano Corp offers information systems, time management products, parking management services, environmental solutions, and cleaning products. The company helps clients coordinate human resources, payroll, and time recorders with software and standardized machines. It offers solutions to accurately record the data on billing and documents, and can process a wide variety of information customized for each client. Parking lots and bicycle-parking systems ensure safety while increasing the level of convenience for parking lot users. Products geared toward environmental and cleaning applications include dust and fume collectors, hazardous-gas removal systems, and floor scrubbers and cleaners. The majority of sales derive from customers located in Japan.

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