ACSL (TSE:6232) Debt-to-Equity : 0.93 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is ACSL Debt-to-Equity?

ACSL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円895.0 Mil. ACSL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,215.8 Mil. ACSL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円2,263.5 Mil. ACSL's debt to equity for the quarter that ended in Dec. 2023 was 0.93.

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

TSE:6232' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.51 Max: 1.11
Current: 0.93

During the past 6 years, the highest Debt-to-Equity Ratio of ACSL was 1.11. The lowest was 0.02. And the median was 0.51.

TSE:6232's Debt-to-Equity is ranked worse than
84.54% of 2193 companies
in the Hardware industry
Industry Median: 0.28 vs TSE:6232: 0.93

ACSL Debt-to-Equity Historical Data

The historical data trend for ACSL'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.

ACSL Debt-to-Equity Chart

ACSL Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

0.10

0.34

ACSL 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															0.34	0.68	0.86	1.11	0.93

Competitive Comparison of ACSL's Debt-to-Equity

For the Computer Hardware subindustry, ACSL'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.

ACSL's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ACSL's Debt-to-Equity distribution charts can be found below:

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

ACSL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ACSL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(1000	+	0)	/	2935.269
	=	0.34

ACSL'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
	=	(895	+	1215.812)	/	2263.485
	=	0.93

ACSL (TSE:6232) 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.

ACSL Debt-to-Equity Related Terms

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

ACSL (TSE:6232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ACSL Ltd (TSE:6232) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Edogawa-ku, Hulic Kasai Rinkai Building 2F, Tokyo, JPN, 134-0086

Website

https://www.acsl.co.jp

ACSL Ltd is an industrial autonomous drone manufacturer and solution provider in Japan. It conducts drone development which is useful for industrial use, such as logistics, aerial photography, surveying and inspection.

ACSL (TSE:6232) Headlines

No Headlines