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Japan Electronic Materials (TSE:6855) Debt-to-Equity : 0.21 (As of Dec. 2023)


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What is Japan Electronic Materials Debt-to-Equity?

Japan Electronic Materials's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,127 Mil. Japan Electronic Materials's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円3,822 Mil. Japan Electronic Materials's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円24,154 Mil. Japan Electronic Materials's debt to equity for the quarter that ended in Dec. 2023 was 0.20.

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 Japan Electronic Materials's Debt-to-Equity or its related term are showing as below:

TSE:6855' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09   Med: 0.26   Max: 0.52
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of Japan Electronic Materials was 0.52. The lowest was 0.09. And the median was 0.26.

TSE:6855's Debt-to-Equity is ranked better than
56.46% of 875 companies
in the Semiconductors industry
Industry Median: 0.26 vs TSE:6855: 0.21

Japan Electronic Materials Debt-to-Equity Historical Data

The historical data trend for Japan Electronic Materials'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.

Japan Electronic Materials Debt-to-Equity Chart

Japan Electronic Materials Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.39 0.42 0.24 0.17

Japan Electronic Materials 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 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 0.19 0.17 0.14 0.21 0.21

Competitive Comparison of Japan Electronic Materials's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Japan Electronic Materials'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.


Japan Electronic Materials's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Japan Electronic Materials's Debt-to-Equity distribution charts can be found below:

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



Japan Electronic Materials Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Japan Electronic Materials's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Japan Electronic Materials's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Japan Electronic Materials  (TSE:6855) 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.


Japan Electronic Materials Debt-to-Equity Related Terms

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


Japan Electronic Materials (TSE:6855) Business Description

Traded in Other Exchanges
N/A
Address
2-5-13, Nishinagasucyo, Amagasaki City, Hyogo Prefecture, JPN
Japan Electronic Materials Corp is engaged in the development, manufacture and sale of semiconductor testing components and electron tubes components in Japan. It sells and maintains probe cards needle dressers and cleaning sheet products.

Japan Electronic Materials (TSE:6855) Headlines

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