The Japan Steel Works (The Japan Steel Works) Debt-to-Equity : 0.26 (As of Dec. 2023)

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What is The Japan Steel Works Debt-to-Equity?

The Japan Steel Works's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $118 Mil. The Japan Steel Works's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $180 Mil. The Japan Steel Works's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,155 Mil. The Japan Steel Works's debt to equity for the quarter that ended in Dec. 2023 was 0.26.

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 The Japan Steel Works's Debt-to-Equity or its related term are showing as below:

JPSWY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.4 Max: 0.49
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of The Japan Steel Works was 0.49. The lowest was 0.26. And the median was 0.40.

JPSWY's Debt-to-Equity is ranked better than
53.49% of 2621 companies
in the Industrial Products industry
Industry Median: 0.28 vs JPSWY: 0.26

The Japan Steel Works Debt-to-Equity Historical Data

The historical data trend for The Japan Steel Works'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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The Japan Steel Works Debt-to-Equity Chart

The Japan Steel Works Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.41

0.40

0.41

0.39

0.27

The Japan Steel Works 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															0.28	0.27	0.27	0.26	0.26

Competitive Comparison of The Japan Steel Works's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, The Japan Steel Works'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.

The Japan Steel Works's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, The Japan Steel Works's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where The Japan Steel Works's Debt-to-Equity falls into.

The Japan Steel Works Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Japan Steel Works'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
	=	(102.645	+	222.191)	/	1190.288
	=	0.27

The Japan Steel Works'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
	=	(118.112	+	179.662)	/	1154.586
	=	0.26

The Japan Steel Works (OTCPK:JPSWY) 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.

The Japan Steel Works Debt-to-Equity Related Terms

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The Japan Steel Works (The Japan Steel Works) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » The Japan Steel Works Ltd (OTCPK:JPSWY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

5631:Japan J9R:Germany

Address

Gate City Ohsaki-West Tower, 11-1, Osaki 1-chome, Shinagawa-ku, Tokyo, JPN, 141-0032

Website

http://www.jsw.co.jp

The Japan Steel Works Ltd is a Japan-based company that primarily operates through two segments. The steel and energy products segment provides steel components for turbine shafts, steel components for nuclear reactors, steel casting for power plant turbines, oil refining equipment, high-pressure steel tankers, wind turbine systems, and various other steel products. The industrial machinery products segment offers polyolefin pelletizers, injection molding machines, extruders, film and sheet machines, blow molding machines, defense equipment, and other industrial machinery and related services and solutions. The company generates the majority of its sales from Japan and China.