Wacom Co (Wacom Co) Debt-to-Equity : 0.39 (As of Mar. 2024)

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What is Wacom Co Debt-to-Equity?

Wacom Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $46.7 Mil. Wacom Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $46.7 Mil. Wacom Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $240.1 Mil. Wacom Co's debt to equity for the quarter that ended in Mar. 2024 was 0.39.

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

WACMY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.26 Max: 0.61
Current: 0.39

During the past 13 years, the highest Debt-to-Equity Ratio of Wacom Co was 0.61. The lowest was 0.02. And the median was 0.26.

WACMY's Debt-to-Equity is ranked worse than
59.45% of 2195 companies
in the Hardware industry
Industry Median: 0.29 vs WACMY: 0.39

Wacom Co Debt-to-Equity Historical Data

The historical data trend for Wacom Co'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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Wacom Co Debt-to-Equity Chart

Wacom Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.31

0.16

0.05

0.22

0.39

Wacom Co 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															0.22	0.35	0.34	0.35	0.39

Competitive Comparison of Wacom Co's Debt-to-Equity

For the Computer Hardware subindustry, Wacom Co'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.

Wacom Co's Debt-to-Equity Distribution in the Hardware Industry

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

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

Wacom Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wacom Co'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
	=	(46.723	+	46.723)	/	240.078
	=	0.39

Wacom Co's Debt to Equity Ratio for the quarter 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
	=	(46.723	+	46.723)	/	240.078
	=	0.39

Wacom Co (OTCPK:WACMY) 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.

Wacom Co Debt-to-Equity Related Terms

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Wacom Co (Wacom Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wacom Co Ltd (OTCPK:WACMY) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

6727:Japan

Address

2-510-1 Toyonodai, Kazo-shi, Saitama, JPN, 349-1148

Website

http://www.wacom.com

Wacom Co Ltd is a Japan-based manufacturer of display products. The firm's operations are organized in three segments--the brands segment, which develops, manufactures, and distributes graphic design tablets used to produce film, animation, and photographs; the components segment, which sells components and modules for smartphones and tablets; and the others segment, which develops and sells computer-aided design products. The firm has operations in the United States, Europe, China, India, Taiwan, Hong Kong, and Australia.