Fukuyama Transporting Co (TSE:9075) Debt-to-Equity : 0.34 (As of Dec. 2023)

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What is Fukuyama Transporting Co Debt-to-Equity?

Fukuyama Transporting Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円54,219 Mil. Fukuyama Transporting Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円42,653 Mil. Fukuyama Transporting Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円281,818 Mil. Fukuyama Transporting Co's debt to equity for the quarter that ended in Dec. 2023 was 0.34.

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

TSE:9075' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 0.39 Max: 0.53
Current: 0.34

During the past 13 years, the highest Debt-to-Equity Ratio of Fukuyama Transporting Co was 0.53. The lowest was 0.34. And the median was 0.39.

TSE:9075's Debt-to-Equity is ranked better than
64.09% of 880 companies
in the Transportation industry
Industry Median: 0.55 vs TSE:9075: 0.34

Fukuyama Transporting Co Debt-to-Equity Historical Data

The historical data trend for Fukuyama Transporting 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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Fukuyama Transporting Co Debt-to-Equity Chart

Fukuyama Transporting Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.34

0.37

0.34

0.46

0.38

Fukuyama Transporting 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															0.41	0.38	0.36	0.35	0.34

Competitive Comparison of Fukuyama Transporting Co's Debt-to-Equity

For the Trucking subindustry, Fukuyama Transporting 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.

Fukuyama Transporting Co's Debt-to-Equity Distribution in the Transportation Industry

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

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

Fukuyama Transporting Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fukuyama Transporting 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
	=	(32520	+	68958)	/	266700
	=	0.38

Fukuyama Transporting 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
	=	(54219	+	42653)	/	281818
	=	0.34

Fukuyama Transporting Co (TSE:9075) 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.

Fukuyama Transporting Co Debt-to-Equity Related Terms

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Fukuyama Transporting Co (TSE:9075) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Fukuyama Transporting Co Ltd (TSE:9075) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

20-1, 4-chome, Higashi Fukatsu-cho, Hiroshima Prefecture, Fukuyama, JPN, 721-0974

Website

http://www.fukutsu.co.jp

Fukuyama Transporting Co Ltd is a transportation service provider. The company engages in various modes of transportation which include road and water. It also engages in other businesses which include warehousing, packaging and packing, real estate rental, harbor loading, customs clearance, printing, and travel. Operating its businesses from approximately 400 stores it provides its services across Japan.

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