Hoshi Iryo-Sanki Co (TSE:7634) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Hoshi Iryo-Sanki Co Debt-to-Equity?

Hoshi Iryo-Sanki Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Hoshi Iryo-Sanki Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Hoshi Iryo-Sanki Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円16,456 Mil. Hoshi Iryo-Sanki Co's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Hoshi Iryo-Sanki Co's Debt-to-Equity or its related term are showing as below:

TSE:7634' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.07 Max: 0.09
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Hoshi Iryo-Sanki Co was 0.09. The lowest was 0.00. And the median was 0.07.

TSE:7634's Debt-to-Equity is ranked better than
79.27% of 82 companies
in the Medical Distribution industry
Industry Median: 0.33 vs TSE:7634: 0.06

Hoshi Iryo-Sanki Co Debt-to-Equity Historical Data

The historical data trend for Hoshi Iryo-Sanki 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.

Hoshi Iryo-Sanki Co Debt-to-Equity Chart

Hoshi Iryo-Sanki Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.07

0.09

0.07

Hoshi Iryo-Sanki 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															-	0.07	-	-	-

Competitive Comparison of Hoshi Iryo-Sanki Co's Debt-to-Equity

For the Medical Distribution subindustry, Hoshi Iryo-Sanki 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.

Hoshi Iryo-Sanki Co's Debt-to-Equity Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Hoshi Iryo-Sanki Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hoshi Iryo-Sanki Co's Debt-to-Equity falls into.

Hoshi Iryo-Sanki Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hoshi Iryo-Sanki 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
	=	(599.552	+	401.36)	/	15366.09
	=	0.07

Hoshi Iryo-Sanki 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
	=	(0	+	0)	/	16456.099
	=	0.00

Hoshi Iryo-Sanki Co (TSE:7634) 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.

Hoshi Iryo-Sanki Co Debt-to-Equity Related Terms

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Hoshi Iryo-Sanki Co (TSE:7634) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Hoshi Iryo-Sanki Co Ltd (TSE:7634) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7-11-18 Iriya, Adachi-ku, Tokyo, JPN, 121-0836

Website

http://www.hosi.co.jp

Hoshi Iryo-Sanki Co Ltd is engaged in the manufacturing and sale of pharmaceuticals products. It offers medical oxygen, nitrous oxide, and others. It is also engaged in the planning, manufacture, sale, maintenance, inspection, and repair of medical instrument equipment for medical gas supply facilities. The company's project service includes production and supply of medical gas, home care, care assistive devices, medical gas maintenance, and others.

Hoshi Iryo-Sanki Co (TSE:7634) Headlines

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