Toppan Holdings (TSE:7911) Debt-to-Equity : 0.16 (As of Dec. 2023)

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What is Toppan Holdings Debt-to-Equity?

Toppan Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円62,674 Mil. Toppan Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円157,061 Mil. Toppan Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円1,389,348 Mil. Toppan Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.16.

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

TSE:7911' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.23 Max: 0.38
Current: 0.19

During the past 13 years, the highest Debt-to-Equity Ratio of Toppan Holdings was 0.38. The lowest was 0.17. And the median was 0.23.

TSE:7911's Debt-to-Equity is ranked better than
66.09% of 926 companies
in the Business Services industry
Industry Median: 0.37 vs TSE:7911: 0.19

Toppan Holdings Debt-to-Equity Historical Data

The historical data trend for Toppan 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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Toppan Holdings Debt-to-Equity Chart

Toppan Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.21

0.25

0.19

0.17

0.19

Toppan Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.17	0.16	0.16	0.16	0.19

Competitive Comparison of Toppan Holdings's Debt-to-Equity

For the Specialty Business Services subindustry, Toppan 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.

Toppan Holdings's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Toppan Holdings's Debt-to-Equity distribution charts can be found below:

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

Toppan Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Toppan Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
	=	(114526	+	152967)	/	1416778
	=	0.19

Toppan 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
	=	(62674	+	157061)	/	1389348
	=	0.16

Toppan Holdings (TSE:7911) 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.

Toppan Holdings Debt-to-Equity Related Terms

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Toppan Holdings (TSE:7911) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Toppan Holdings Inc (TSE:7911) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TOPPY:USA TONPF:USA TPX:Germany

Address

1-5-1 Taito, Taito-ku, Tokyo, JPN, 110-8560

Website

https://www.holdings.toppan.com

Toppan Holdings Inc provides a range of products and services geared toward printing technologies. Its product portfolio of printing technologies consists of in-store advertisements, books, magnetic cards, floor filters, wallpaper, flexible packaging, and other solutions. The company operates three business segments: information and communication (majority of total revenue), electronics, and living and industry. Toppan Printing provides secure documents, such as credit cards, coupons, and business forms, and offers a mix of marketing materials to increase diversification. It utilizes sales promotion personnel, printing press operators, and research personnel to develop innovative solutions for customers. Operations and sales are located in Japan.

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