Yamaichi Electronics Co (TSE:6941) Debt-to-Equity : 0.16 (As of Dec. 2023)

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What is Yamaichi Electronics Co Debt-to-Equity?

Yamaichi Electronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円3,115 Mil. Yamaichi Electronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円2,689 Mil. Yamaichi Electronics Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円36,632 Mil. Yamaichi Electronics Co'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 Yamaichi Electronics Co's Debt-to-Equity or its related term are showing as below:

TSE:6941' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.21 Max: 0.47
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Yamaichi Electronics Co was 0.47. The lowest was 0.12. And the median was 0.21.

TSE:6941's Debt-to-Equity is ranked better than
61.3% of 876 companies
in the Semiconductors industry
Industry Median: 0.27 vs TSE:6941: 0.16

Yamaichi Electronics Co Debt-to-Equity Historical Data

The historical data trend for Yamaichi Electronics 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.

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Yamaichi Electronics Co Debt-to-Equity Chart

Yamaichi Electronics Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.16

0.19

0.22

0.18

0.16

Yamaichi Electronics Co 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															0.18	0.16	0.17	0.16	0.16

Competitive Comparison of Yamaichi Electronics Co's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Yamaichi Electronics 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.

Yamaichi Electronics Co's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Yamaichi Electronics Co's Debt-to-Equity distribution charts can be found below:

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

Yamaichi Electronics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yamaichi Electronics Co'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
	=	(3438.73	+	2561.457)	/	36891.251
	=	0.16

Yamaichi Electronics Co'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
	=	(3114.751	+	2689.384)	/	36631.876
	=	0.16

Yamaichi Electronics Co (TSE:6941) 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.

Yamaichi Electronics Co Debt-to-Equity Related Terms

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Yamaichi Electronics Co (TSE:6941) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Yamaichi Electronics Co Ltd (TSE:6941) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Technoport Mitsui Seimei Building 2-16-2, Minamikamata, Ota-ku, Tokyo, JPN, 144-8581

Website

http://www.yamaichi.co.jp

Yamaichi Electronics Co Ltd manufactures and sells test, connector, and optical-related products. The Test Solution products include burn-in sockets, test sockets, probe pins, probe cards, and semiconductor test-related services. The Connector Solution products contains card connectors, IC sockets for mounting, high speed transmission connectors, solar cell modules, and YFLEX, a high-speed transmission cable and mounting board. The Optical-Related products include ultraviolet cut filters, dichroic and fluorescence dichroic filter mirrors, band pass filters, and semiconductor laser light sources.

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