Tokyo Seimitsu Co (TSE:7729) Debt-to-Equity : 0.17 (As of Dec. 2023)

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What is Tokyo Seimitsu Co Debt-to-Equity?

Tokyo Seimitsu Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円6,300 Mil. Tokyo Seimitsu Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円19,000 Mil. Tokyo Seimitsu Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円148,302 Mil. Tokyo Seimitsu Co'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 Tokyo Seimitsu Co's Debt-to-Equity or its related term are showing as below:

TSE:7729' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.17
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Tokyo Seimitsu Co was 0.17. The lowest was 0.01. And the median was 0.03.

TSE:7729's Debt-to-Equity is ranked better than
60.93% of 878 companies
in the Semiconductors industry
Industry Median: 0.27 vs TSE:7729: 0.17

Tokyo Seimitsu Co Debt-to-Equity Historical Data

The historical data trend for Tokyo Seimitsu 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.

Tokyo Seimitsu Co Debt-to-Equity Chart

Tokyo Seimitsu Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.11

0.09

0.07

0.04

0.10

Tokyo Seimitsu 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															0.02	0.10	0.09	0.08	0.17

Competitive Comparison of Tokyo Seimitsu Co's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Tokyo Seimitsu 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.

Tokyo Seimitsu Co's Debt-to-Equity Distribution in the Semiconductors Industry

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

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

Tokyo Seimitsu Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tokyo Seimitsu 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
	=	(5578	+	8612)	/	145358
	=	0.10

Tokyo Seimitsu 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
	=	(6300	+	19000)	/	148302
	=	0.17

Tokyo Seimitsu Co (TSE:7729) 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.

Tokyo Seimitsu Co Debt-to-Equity Related Terms

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Tokyo Seimitsu Co (TSE:7729) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tokyo Seimitsu Co Ltd (TSE:7729) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

2968-2, Ishikawa-machi, Hachioji-shi, Tokyo, JPN, 192-8515

Website

http://www.accretech.jp

Tokyo Seimitsu Co Ltd manufactures semiconductor production equipment and measuring instruments. The company through its subsidiaries manufactures probing machines, dicing machines, precision blade, polish grinders, chemical mechanical planarizers (CMPs), wafer slicing machines, wafer edge grinding machines, coordinate measuring machines, surface texture and contour measuring instruments, roundness and cylindrical profile measuring instruments, optical measuring instrument, machine control gauges, and various types of sensors. It also provides support services for its products.

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