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Toyota Boshoku (Toyota Boshoku) Debt-to-Equity : 0.37 (As of Mar. 2024)


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What is Toyota Boshoku Debt-to-Equity?

Toyota Boshoku's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $67 Mil. Toyota Boshoku's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,035 Mil. Toyota Boshoku's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $2,997 Mil. Toyota Boshoku's debt to equity for the quarter that ended in Mar. 2024 was 0.37.

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 Toyota Boshoku's Debt-to-Equity or its related term are showing as below:

TDBOY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36   Med: 0.4   Max: 0.73
Current: 0.37

During the past 13 years, the highest Debt-to-Equity Ratio of Toyota Boshoku was 0.73. The lowest was 0.36. And the median was 0.40.

TDBOY's Debt-to-Equity is ranked better than
58.45% of 1177 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs TDBOY: 0.37

Toyota Boshoku Debt-to-Equity Historical Data

The historical data trend for Toyota Boshoku'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.

Toyota Boshoku Debt-to-Equity Chart

Toyota Boshoku Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.42 0.36 0.39 0.37

Toyota Boshoku Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.39 0.36 0.33 0.43 0.37

Competitive Comparison of Toyota Boshoku's Debt-to-Equity

For the Auto Parts subindustry, Toyota Boshoku'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.


Toyota Boshoku's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Toyota Boshoku's Debt-to-Equity distribution charts can be found below:

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



Toyota Boshoku Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Toyota Boshoku's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Toyota Boshoku's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Toyota Boshoku  (OTCPK:TDBOY) 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.


Toyota Boshoku Debt-to-Equity Related Terms

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


Toyota Boshoku (Toyota Boshoku) Business Description

Traded in Other Exchanges
Address
1-1 Toyoda cho, Kariya Aichi, JPN, 448-8651
Toyota Boshoku Corp is a manufacturer of automobile parts. The company produces seats, seat frames, door trims, floor carpets, silencers, air induction systems, air and oil filters, seat belts, seat fabrics, fender liners, and airbags for automobiles. Toyota Boshoku also produces aircraft seats and railway seats. The company generates the majority of its revenue in Japan.

Toyota Boshoku (Toyota Boshoku) Headlines

From GuruFocus

Toyota Boshoku Corp Business Briefing Transcript

By GuruFocus Research 02-15-2024