Hitachi Zosen Corporation

Tokyo Stock Exchange 7004.T

Hitachi Zosen Corporation Debt to Equity Ratio for the year ending March 31, 2024: 0.56

Hitachi Zosen Corporation Debt to Equity Ratio is 0.56 for the year ending March 31, 2024, a -9.22% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Hitachi Zosen Corporation Debt to Equity Ratio for the year ending March 31, 2023 was 0.62, a -11.50% change year over year.
  • Hitachi Zosen Corporation Debt to Equity Ratio for the year ending March 31, 2022 was 0.70, a -9.93% change year over year.
  • Hitachi Zosen Corporation Debt to Equity Ratio for the year ending March 31, 2021 was 0.78, a -7.94% change year over year.
  • Hitachi Zosen Corporation Debt to Equity Ratio for the year ending March 31, 2020 was 0.84, a -19.25% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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SV Wall Street
Tokyo Stock Exchange: 7004.T

Hitachi Zosen Corporation

CEO Mr. Sadao Mino
IPO Date Jan. 4, 2000
Location Japan
Headquarters 7-89, Nankokita 1-chome
Employees 12,148
Sector Utilities
Industries
Description

Hitachi Zosen Corporation engages in the design, construction, and manufacture of energy-from-waste plants, desalination plants, and water and sewage treatment plants in Japan and internationally. It operates through three segments: Environment, Machinery & Infrastructure, and Other. The company builds various water-related facilities, including sludge recycling centers and desalination plants, and energy-related facilities, including biomass plants, as well as engages in wind power generation. It also provides marine diesel engines, deck machinery for ships, process equipment, filter presses, industrial equipment, steel stacks, and spent nuclear fuel casks, as well as various types of precision machinery for electronics, semiconductor, food, and medical-related sectors; and engineering, procurement, construction, and after-sales services. In addition, the company engages in building, monitoring, maintenance, and repair of bridges and hydraulic gates for dams and rivers; developing shield tunneling machines for the construction of underground motorways and subway tracks, maintenance and earthquake protection systems for steel structures, electric discharge impulse crushing system, GPS comprehensive oceanographic monitoring systems, GPS remote monitoring systems, and flap-gate type seawalls against flood disaster due to tsunamis or storm surges. Further, it offers all-solid-state lithium-ion batteries and Zeolite Membrane Elements. The company was founded in 1881 and is headquartered in Osaka, Japan.

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StockViz Staff

January 31, 2025

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