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TRaaS On Product (TSE:6696) Debt-to-Equity : 0.15 (As of Jan. 2024)


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What is TRaaS On Product Debt-to-Equity?

TRaaS On Product's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円0.2 Mil. TRaaS On Product's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円60.0 Mil. TRaaS On Product's Total Stockholders Equity for the quarter that ended in Jan. 2024 was 円408.1 Mil. TRaaS On Product's debt to equity for the quarter that ended in Jan. 2024 was 0.15.

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 TRaaS On Product's Debt-to-Equity or its related term are showing as below:

TSE:6696' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.15   Max: 0.48
Current: 0.15

During the past 9 years, the highest Debt-to-Equity Ratio of TRaaS On Product was 0.48. The lowest was 0.00. And the median was 0.15.

TSE:6696's Debt-to-Equity is ranked better than
66.23% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs TSE:6696: 0.15

TRaaS On Product Debt-to-Equity Historical Data

The historical data trend for TRaaS On Product'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.

TRaaS On Product Debt-to-Equity Chart

TRaaS On Product Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only - 0.14 0.30 0.48 0.15

TRaaS On Product Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.48 0.39 0.14 0.15 0.15

Competitive Comparison of TRaaS On Product's Debt-to-Equity

For the Communication Equipment subindustry, TRaaS On Product'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.


TRaaS On Product's Debt-to-Equity Distribution in the Hardware Industry

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

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



TRaaS On Product Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TRaaS On Product's Debt to Equity Ratio for the fiscal year that ended in Jan. 2024 is calculated as

TRaaS On Product's Debt to Equity Ratio for the quarter that ended in Jan. 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.


TRaaS On Product  (TSE:6696) 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.


TRaaS On Product Debt-to-Equity Related Terms

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


TRaaS On Product (TSE:6696) Business Description

Traded in Other Exchanges
N/A
Address
2-9-30 Kitasaiwai, Nishi Ward, Yokohama Nishiguchi Kato Building2nd floor, Kanagawa Prefecture, Yokohama, JPN, 220-0004
TRaaS On Product Inc is engaged in telecommunications, followed by the IT revolution, and manufacturing in which the subject of value shifted to something different.

TRaaS On Product (TSE:6696) Headlines

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