Toenec

Toenec Net Debt/Equity

The Net Debt to Equity Ratio of Toenec (1946.T) as of Nov 2, 2026 is 0.23. In the previous year, Net Debt to Equity Ratio was 0.35 — a change of -33.37% (lower).

Net Debt/Equity

0.23

YoY

-33.37%

Last updated:

Net Debt to Equity Ratio of Toenec is 2026 0.23 . Net Debt to Equity Ratio of Toenec was 2025 0.35 . It decreases by -33.37% lower compared to the previous year.

The Toenec Net Debt/Equity history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Debt/Equity
Date
Net Debt/Equity
Jan 1, 2019
0.41 JPY
Jan 1, 2020
0.54 JPY
Jan 1, 2021
0.51 JPY
Jan 1, 2022
0.54 JPY
Jan 1, 2023
0.56 JPY
Jan 1, 2024
0.41 JPY
Jan 1, 2025
0.35 JPY
Jan 1, 2026
0.23 JPY
The Toenec Net Debt/Equity history
YEARNet Debt/EquityYoY
0.23-33.37%
0.35-13.24%
0.41-27.10%
0.56+2.97%
0.54+6.68%
0.51-6.33%
0.54+32.52%
0.41+70.85%
0.24-388.68%
-0.08-65.05%
-0.24-33.55%
-0.36+135.71%
-0.15—

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Toenec Stock analysis

What does Toenec do? Toenec Corp. generates revenue through its Equipment Construction segment, which provides distribution line construction and installation services for building systems including air conditioning, sanitation, electricity, communication, and fire extinguishing equipment. The Energy segment offers solar power generation, air conditioning system services, and energy service company (ESCO) solutions. Additional income streams include goods sales, land and building rentals, non-life insurance agency services, office equipment rentals, air conditioning equipment maintenance, filter sales, funeral hall management, and thermal and nuclear power plant construction, inspection, and maintenance. The company serves various market segments through its Equipment Construction segment, focusing on building infrastructure needs for air conditioning, sanitation, and electrical systems. The Energy segment targets clients requiring renewable energy solutions, air conditioning services, and energy efficiency management via ESCO contracts. Revenue from non-life insurance agency and office equipment rentals supports diversified income, while funeral hall management and power plant maintenance cater to specialized industrial and municipal clients. Toenec Corp. sells its services directly to commercial and industrial clients requiring building system installations, energy solutions, and facility management. The Equipment Construction segment primarily serves construction and property management firms needing infrastructure work, while the Energy segment appeals to businesses seeking sustainable energy systems and ESCO partnerships. Non-life insurance agency and office equipment rental services target corporate clients requiring administrative support services. Toenec is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Toenec stock

Net Debt to Equity Ratio of Toenec is 0.23 in 2026.

Net Debt to Equity Ratio of Toenec changed from 0.35 to 0.23, representing a -33.37% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Net Debt to Equity Ratio Toenec since 2006 – with annual values, charts, and detailed analysis.

Net Debt/Equity adjusts the debt-to-equity ratio by subtracting cash from total debt. It provides a more accurate picture of actual leverage.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Net Debt to Equity Ratio's Toenec with sector peers and the industry average to assess whether it is attractive.

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