Sumitomo Electric Industries Ltd (SMTOY)
15.61
-0.02
(-0.13%)
USD |
OTCM |
Apr 16, 13:13
Sumitomo Electric Industries Debt to Equity Ratio: 0.4267 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.4267 |
| September 30, 2023 | 0.4055 |
| June 30, 2023 | 0.4464 |
| March 31, 2023 | 0.473 |
| December 31, 2022 | 0.4911 |
| September 30, 2022 | 0.4647 |
| June 30, 2022 | 0.4951 |
| March 31, 2022 | 0.4562 |
| December 31, 2021 | 0.489 |
| September 30, 2021 | 0.3998 |
| June 30, 2021 | 0.4075 |
| March 31, 2021 | 0.3897 |
| December 31, 2020 | 0.463 |
| September 30, 2020 | 0.4473 |
| June 30, 2020 | 0.4699 |
| March 31, 2020 | 0.3859 |
| December 31, 2019 | 0.3972 |
| September 30, 2019 | 0.3673 |
| June 30, 2019 | 0.3924 |
| March 31, 2019 | 0.3461 |
| December 31, 2018 | 0.4086 |
| September 30, 2018 | 0.3532 |
| June 30, 2018 | 0.3493 |
| March 31, 2018 | 0.3172 |
| December 31, 2017 | 0.3879 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.3555 |
| June 30, 2017 | 0.3589 |
| March 31, 2017 | 0.3591 |
| December 31, 2016 | 0.4157 |
| September 30, 2016 | 0.3924 |
| June 30, 2016 | 0.3917 |
| March 31, 2016 | 0.3337 |
| December 31, 2015 | 0.3886 |
| September 30, 2015 | 0.3793 |
| June 30, 2015 | 0.3993 |
| March 31, 2015 | 0.3829 |
| December 31, 2014 | 0.4308 |
| September 30, 2014 | 0.3983 |
| June 30, 2014 | 0.463 |
| March 31, 2014 | 0.4465 |
| December 31, 2013 | 0.465 |
| September 30, 2013 | 0.457 |
| June 30, 2013 | 0.4544 |
| March 31, 2013 | 0.4507 |
| December 31, 2012 | 0.4288 |
| September 30, 2012 | 0.3972 |
| June 30, 2012 | 0.3856 |
| March 31, 2012 | 0.3669 |
| December 31, 2011 | 0.3824 |
| September 30, 2011 | 0.37 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.3673
Minimum
Sep 2019
0.4951
Maximum
Jun 2022
0.4351
Average
0.4464
Median
Jun 2023
Debt to Equity Ratio Benchmarks
| Honda Motor Co Ltd | 0.7607 |
| Toyota Motor Corp | 1.043 |
| MEDIROM Healthcare Technologies Inc | -- |
| Yoshitsu Co Ltd | 2.341 |
| Linkage Global Inc | 0.7239 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 29.93B |
| Total Liabilities (Quarterly) | 14.02B |
| Shareholders Equity (Quarterly) | 14.39B |
| Current Ratio | 1.614 |
| Net Debt Paydown Yield | -0.27% |