Tachibana Eletech Co (TSE:8159) Debt-to-Equity : 0.18 (As of Dec. 2023)

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What is Tachibana Eletech Co Debt-to-Equity?

Tachibana Eletech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円15,825 Mil. Tachibana Eletech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円22 Mil. Tachibana Eletech Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円88,968 Mil. Tachibana Eletech Co's debt to equity for the quarter that ended in Dec. 2023 was 0.18.

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 Tachibana Eletech Co's Debt-to-Equity or its related term are showing as below:

TSE:8159' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.18
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of Tachibana Eletech Co was 0.18. The lowest was 0.02. And the median was 0.03.

TSE:8159's Debt-to-Equity is ranked better than
62.52% of 2193 companies
in the Hardware industry
Industry Median: 0.28 vs TSE:8159: 0.18

Tachibana Eletech Co Debt-to-Equity Historical Data

The historical data trend for Tachibana Eletech 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.

Tachibana Eletech Co Debt-to-Equity Chart

Tachibana Eletech Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.03

0.02

0.03

0.07

0.08

Tachibana Eletech 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															0.08	0.08	0.17	0.14	0.18

Competitive Comparison of Tachibana Eletech Co's Debt-to-Equity

For the Electronic Components subindustry, Tachibana Eletech 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.

Tachibana Eletech Co's Debt-to-Equity Distribution in the Hardware Industry

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

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

Tachibana Eletech Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tachibana Eletech 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
	=	(6792	+	89)	/	84639
	=	0.08

Tachibana Eletech 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
	=	(15825	+	22)	/	88968
	=	0.18

Tachibana Eletech Co (TSE:8159) 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.

Tachibana Eletech Co Debt-to-Equity Related Terms

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Tachibana Eletech Co (TSE:8159) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tachibana Eletech Co Ltd (TSE:8159) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

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Address

1-13-25, Nishi-honmachi, Nishi-ku, Osaka, JPN, 550-8555

Website

http://www.tachibana.co.jp

Tachibana Eletech Co Ltd is a Japan based technology driven company engaged in the sale of factory automation systems. It operates in the segments of Factory automation systems business, Semiconductors and electronic devices business, and Building services systems business. The company derives a majority of the revenue from the Factory automation systems business, which involves products and services like programmable controllers, inverters, AC servos, various types of motors, power distribution control equipment and control devices, industrial robots, and other products. It has a business presence in Japan and various other countries.

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