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Saibo Co (TSE:3123) Debt-to-Equity : 0.86 (As of Dec. 2023)


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What is Saibo Co Debt-to-Equity?

Saibo Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,480 Mil. Saibo Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円12,816 Mil. Saibo Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円16,568 Mil. Saibo Co's debt to equity for the quarter that ended in Dec. 2023 was 0.86.

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

TSE:3123' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.18   Max: 1.22
Current: 0.86

During the past 13 years, the highest Debt-to-Equity Ratio of Saibo Co was 1.22. The lowest was 0.07. And the median was 0.18.

TSE:3123's Debt-to-Equity is ranked worse than
70.35% of 931 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs TSE:3123: 0.86

Saibo Co Debt-to-Equity Historical Data

The historical data trend for Saibo 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.

Saibo Co Debt-to-Equity Chart

Saibo Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.33 1.02 1.09 0.94

Saibo 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.98 0.94 0.92 0.88 0.86

Competitive Comparison of Saibo Co's Debt-to-Equity

For the Textile Manufacturing subindustry, Saibo 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.


Saibo Co's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Saibo Co's Debt-to-Equity distribution charts can be found below:

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



Saibo Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Saibo Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Saibo Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Saibo Co  (TSE:3123) 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.


Saibo Co Debt-to-Equity Related Terms

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


Saibo Co (TSE:3123) Business Description

Traded in Other Exchanges
N/A
Address
Maekawa, No. 70 1-chome, Kawaguchi-shi, Saitama, JPN, 333-0842
Saibo Co Ltd is a Japan-based company engages in the manufacture and sale of textile products. It is also engaged in the leasing of real estate business.

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