CRI Middleware Co (TSE:3698) Debt-to-Equity : 0.29 (As of Dec. 2023)

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What is CRI Middleware Co Debt-to-Equity?

CRI Middleware Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. CRI Middleware Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,000 Mil. CRI Middleware Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円3,457 Mil. CRI Middleware Co's debt to equity for the quarter that ended in Dec. 2023 was 0.29.

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

TSE:3698' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.29 Max: 0.69
Current: 0.29

During the past 11 years, the highest Debt-to-Equity Ratio of CRI Middleware Co was 0.69. The lowest was 0.16. And the median was 0.29.

TSE:3698's Debt-to-Equity is ranked worse than
65.18% of 425 companies
in the Interactive Media industry
Industry Median: 0.14 vs TSE:3698: 0.29

CRI Middleware Co Debt-to-Equity Historical Data

The historical data trend for CRI Middleware 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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CRI Middleware Co Debt-to-Equity Chart

CRI Middleware Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.50

0.28

0.25

0.29

0.28

CRI Middleware 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															0.28	0.29	0.29	0.28	0.29

Competitive Comparison of CRI Middleware Co's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, CRI Middleware 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.

CRI Middleware Co's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, CRI Middleware Co's Debt-to-Equity distribution charts can be found below:

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

CRI Middleware Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CRI Middleware Co's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(0	+	1000)	/	3520.786
	=	0.28

CRI Middleware 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
	=	(0	+	1000)	/	3457.392
	=	0.29

CRI Middleware Co (TSE:3698) 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.

CRI Middleware Co Debt-to-Equity Related Terms

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CRI Middleware Co (TSE:3698) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » CRI Middleware Co Ltd (TSE:3698) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

9th floor, Sumitomo Realty & Development Aoyama communication building, 1-chome 7th No. 7, Shibuya, Shibuya-ku, Tokyo, JPN, 150-0002

Website

http://www.cri-mw.co.jp

CRI Middleware Co Ltd is a provider of audio and video solutions for the gaming industry. It is engaged in the research and development of voice, video and file systems. Further, it also provides sales and support of middleware products. Geographically, the activities are carried out through the region of Japan.

CRI Middleware Co (TSE:3698) Headlines

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