Iwaki Co (TSE:6237) Debt-to-Equity : 0.07 (As of Sep. 2024)

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What is Iwaki Co Debt-to-Equity?

Iwaki Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円1,288 Mil. Iwaki Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円1,365 Mil. Iwaki Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円36,252 Mil. Iwaki Co's debt to equity for the quarter that ended in Sep. 2024 was 0.07.

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

TSE:6237' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.08 Max: 0.1
Current: 0.07

During the past 9 years, the highest Debt-to-Equity Ratio of Iwaki Co was 0.10. The lowest was 0.05. And the median was 0.08.

TSE:6237's Debt-to-Equity is ranked better than
80.21% of 2618 companies
in the Industrial Products industry
Industry Median: 0.29 vs TSE:6237: 0.07

Iwaki Co Debt-to-Equity Historical Data

The historical data trend for Iwaki 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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Iwaki Co Debt-to-Equity Chart

Iwaki Co Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.05

0.08

0.10

0.08

Iwaki Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.10	0.09	0.07	0.08	0.07

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

For the Specialty Industrial Machinery subindustry, Iwaki 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.

Iwaki Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Iwaki Co's Debt-to-Equity distribution charts can be found below:

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

Iwaki Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Iwaki 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
	=	(1326.135	+	1392.203)	/	33282.033
	=	0.08

Iwaki Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1288.121	+	1365.263)	/	36251.6
	=	0.07

Iwaki Co (TSE:6237) 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.

Iwaki Co Debt-to-Equity Related Terms

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Iwaki Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Iwaki Co Ltd (TSE:6237) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

2-6-6, Kanda Suda-cho, Chiyoda-ku, Tokyo, JPN, 101-8558

Website

http://www.iwakipumps.jp

Iwaki Co Ltd engages in the development, production and sale of various types of fluid control products and pumps, including the chemical pump. The company offers magnetic drive pumps and related accessories; metering pumps, including motor-driven and electromagnetic metering pumps; and pneumatic drive pumps, such as pneumatic drive bellow, drive dispenser, and chemical replenishing pumps, as well as related accessories. It also provides rotary displacement pumps comprising hi-cera, magnetic drive gear, chemical gear, and screw pumps; air pumps consisting of gas-liquid transfer pumps, and diaphragm and bellows type air pumps; and turbine pumps that include non-metal magnetic and magnetic drive turbine pumps. In addition, the company offers water quality control devices.

Iwaki Co Headlines

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