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Tohokushinsha Film (TSE:2329) Debt-to-Equity : 0.01 (As of Dec. 2023)


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What is Tohokushinsha Film Debt-to-Equity?

Tohokushinsha Film's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円940 Mil. Tohokushinsha Film's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Tohokushinsha Film's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円79,128 Mil. Tohokushinsha Film's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 Tohokushinsha Film's Debt-to-Equity or its related term are showing as below:

TSE:2329' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.15
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Tohokushinsha Film was 0.15. The lowest was 0.01. And the median was 0.02.

TSE:2329's Debt-to-Equity is ranked better than
99.88% of 844 companies
in the Media - Diversified industry
Industry Median: 0.285 vs TSE:2329: 0.01

Tohokushinsha Film Debt-to-Equity Historical Data

The historical data trend for Tohokushinsha Film'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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Tohokushinsha Film Debt-to-Equity Chart

Tohokushinsha Film Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.02 0.03 0.03

Tohokushinsha Film Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.03 0.02 0.02 0.01

Competitive Comparison of Tohokushinsha Film's Debt-to-Equity

For the Entertainment subindustry, Tohokushinsha Film'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.


Tohokushinsha Film's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Tohokushinsha Film's Debt-to-Equity distribution charts can be found below:

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



Tohokushinsha Film Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tohokushinsha Film's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Tohokushinsha Film's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Tohokushinsha Film  (TSE:2329) 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.


Tohokushinsha Film Debt-to-Equity Related Terms

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Tohokushinsha Film (TSE:2329) Business Description

Traded in Other Exchanges
N/A
Address
4-8-10 Akasaka, Minato-ku, Tokyo, JPN
Tohokushinsha Film Corp is a Japanese based media company. It operates in four business divisions including media production, distribution, broadcasting and commercial film production. Its business activities include advertising production, sales promotion, digital production, dubbing and subtitling, film distribution, film library, television distribution, and broadcasting operations.

Tohokushinsha Film (TSE:2329) Headlines

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