Sanyo Electric Railway Co (TSE:9052) Debt-to-Equity : 0.75 (As of Dec. 2023)

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What is Sanyo Electric Railway Co Debt-to-Equity?

Sanyo Electric Railway Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円5,312 Mil. Sanyo Electric Railway Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円34,369 Mil. Sanyo Electric Railway Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円52,612 Mil. Sanyo Electric Railway Co's debt to equity for the quarter that ended in Dec. 2023 was 0.75.

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 Sanyo Electric Railway Co's Debt-to-Equity or its related term are showing as below:

TSE:9052' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.66 Med: 0.85 Max: 1.15
Current: 0.75

During the past 13 years, the highest Debt-to-Equity Ratio of Sanyo Electric Railway Co was 1.15. The lowest was 0.66. And the median was 0.85.

TSE:9052's Debt-to-Equity is ranked worse than
59.34% of 883 companies
in the Transportation industry
Industry Median: 0.56 vs TSE:9052: 0.75

Sanyo Electric Railway Co Debt-to-Equity Historical Data

The historical data trend for Sanyo Electric Railway 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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Sanyo Electric Railway Co Debt-to-Equity Chart

Sanyo Electric Railway Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.90

0.88

0.87

0.81

0.80

Sanyo Electric Railway 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															0.71	0.80	0.71	0.66	0.75

Competitive Comparison of Sanyo Electric Railway Co's Debt-to-Equity

For the Railroads subindustry, Sanyo Electric Railway 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.

Sanyo Electric Railway Co's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sanyo Electric Railway Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sanyo Electric Railway Co's Debt-to-Equity falls into.

Sanyo Electric Railway Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sanyo Electric Railway 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
	=	(7702	+	32069)	/	49644
	=	0.80

Sanyo Electric Railway 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
	=	(5312	+	34369)	/	52612
	=	0.75

Sanyo Electric Railway Co (TSE:9052) 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.

Sanyo Electric Railway Co Debt-to-Equity Related Terms

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

Sanyo Electric Railway Co (TSE:9052) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sanyo Electric Railway Co Ltd (TSE:9052) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

3-1-1, Oyashiki-dori, Nagata-ku, Kobe, JPN, 653-0843

Website

http://www.sanyo-railway.co.jp

Sanyo Electric Railway Co Ltd is a Japanese company. It is engaged in railway business which connects from Himeji to Kobe and also to Hanshin Electric Railway through mutual direct driving, and it connects to Osaka Umeda without transfer. The company focuses on constructing a transportation network in the southern area of Hyogo Prefecture. It is also involved in real estate business, where it is promoting the development of residential and commercial facilities with the aim of revitalizing the community, as well as effective utilization of the land. In addition, the company operates Suma Urashiro Ueno Park located in Suma Ward, Kobe City.

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