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ETS Holdings Co (TSE:1789) Debt-to-Equity : 0.93 (As of Mar. 2024)


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What is ETS Holdings Co Debt-to-Equity?

ETS Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円1,236 Mil. ETS Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円1,486 Mil. ETS Holdings Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円2,944 Mil. ETS Holdings Co's debt to equity for the quarter that ended in Mar. 2024 was 0.92.

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

TSE:1789' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.16   Max: 1.19
Current: 0.93

During the past 13 years, the highest Debt-to-Equity Ratio of ETS Holdings Co was 1.19. The lowest was 0.05. And the median was 0.16.

TSE:1789's Debt-to-Equity is ranked worse than
74% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs TSE:1789: 0.93

ETS Holdings Co Debt-to-Equity Historical Data

The historical data trend for ETS Holdings 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.

ETS Holdings Co Debt-to-Equity Chart

ETS Holdings Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.28 0.60 0.76 0.82

ETS Holdings Co 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 0.96 0.93 0.82 0.90 0.93

Competitive Comparison of ETS Holdings Co's Debt-to-Equity

For the Engineering & Construction subindustry, ETS Holdings 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.


ETS Holdings Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, ETS Holdings Co's Debt-to-Equity distribution charts can be found below:

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



ETS Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ETS Holdings Co's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

ETS Holdings Co'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.


ETS Holdings Co  (TSE:1789) 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.


ETS Holdings Co Debt-to-Equity Related Terms

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ETS Holdings Co (TSE:1789) Business Description

Traded in Other Exchanges
N/A
Address
1-10-13 Minamiikebukuro, Toshima - ku, Tokyo, JPN, 171-0022
ETS Holdings Co Ltd designs and constructs power transmission lines, substations, and underground transmission lines. It also provides telecommunications construction, and civil engineering and surveying services.

ETS Holdings Co (TSE:1789) Headlines

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