Yokogawa Bridge Holdings (TSE:5911) Debt-to-Equity : 0.24 (As of Dec. 2023)

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What is Yokogawa Bridge Holdings Debt-to-Equity?

Yokogawa Bridge Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円536 Mil. Yokogawa Bridge Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円28,500 Mil. Yokogawa Bridge Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円120,378 Mil. Yokogawa Bridge Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.24.

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

TSE:5911' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.13 Max: 0.24
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of Yokogawa Bridge Holdings was 0.24. The lowest was 0.09. And the median was 0.13.

TSE:5911's Debt-to-Equity is ranked better than
65.15% of 1512 companies
in the Construction industry
Industry Median: 0.44 vs TSE:5911: 0.24

Yokogawa Bridge Holdings Debt-to-Equity Historical Data

The historical data trend for Yokogawa Bridge Holdings'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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Yokogawa Bridge Holdings Debt-to-Equity Chart

Yokogawa Bridge Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.15

0.13

0.16

0.09

0.19

Yokogawa Bridge Holdings 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															0.18	0.19	0.13	0.14	0.24

Competitive Comparison of Yokogawa Bridge Holdings's Debt-to-Equity

For the Engineering & Construction subindustry, Yokogawa Bridge Holdings'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.

Yokogawa Bridge Holdings's Debt-to-Equity Distribution in the Construction Industry

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

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

Yokogawa Bridge Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yokogawa Bridge Holdings'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
	=	(9941	+	11500)	/	114300
	=	0.19

Yokogawa Bridge Holdings'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
	=	(536	+	28500)	/	120378
	=	0.24

Yokogawa Bridge Holdings (TSE:5911) 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.

Yokogawa Bridge Holdings Debt-to-Equity Related Terms

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Yokogawa Bridge Holdings (TSE:5911) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Yokogawa Bridge Holdings Corp (TSE:5911) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

4-4-44 Shibaura, Minato-ku, Tokyo, JPN, 108-0023

Website

http://www.ybhd.co.jp

Yokogawa Bridge Holdings Corp is a Japan-based company engaged in building bridges and steel towers nationwide and overseas. The company uses computer-aided drafting (CAD) and computer-aided manufacturing (CAM) technologies to construct steel structures. Its businesses comprise of Bridge Business, Civil Engineering Business, Precision Equipment Business, and Research and Development Business.

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