Shochiku Co (TSE:9601) Debt-to-Equity : 0.76 (As of Feb. 2024)

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What is Shochiku Co Debt-to-Equity?

Shochiku Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円24,449 Mil. Shochiku Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円46,818 Mil. Shochiku Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円94,365 Mil. Shochiku Co's debt to equity for the quarter that ended in Feb. 2024 was 0.76.

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

TSE:9601' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.68 Med: 0.9 Max: 1.1
Current: 0.76

During the past 13 years, the highest Debt-to-Equity Ratio of Shochiku Co was 1.10. The lowest was 0.68. And the median was 0.90.

TSE:9601's Debt-to-Equity is ranked worse than
71.36% of 831 companies
in the Media - Diversified industry
Industry Median: 0.29 vs TSE:9601: 0.76

Shochiku Co Debt-to-Equity Historical Data

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

Shochiku Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-Equity

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0.76

0.98

0.92

0.68

0.76

Shochiku Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.68	0.62	0.62	0.78	0.76

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

For the Entertainment subindustry, Shochiku 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.

Shochiku Co's Debt-to-Equity Distribution in the Media - Diversified Industry

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

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

Shochiku Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shochiku Co's Debt to Equity Ratio for the fiscal year that ended in Feb. 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
	=	(24449	+	46818)	/	94365
	=	0.76

Shochiku Co's Debt to Equity Ratio for the quarter that ended in Feb. 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
	=	(24449	+	46818)	/	94365
	=	0.76

Shochiku Co (TSE:9601) 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.

Shochiku Co Debt-to-Equity Related Terms

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Shochiku Co (TSE:9601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Shochiku Co Ltd (TSE:9601) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Togeki Building 4-1-1 Tsukiji, Chuo-ku, Tokyo, JPN, 104-8422

Website

http://www.shochiku.co.jp

Shochiku Co Ltd is a diversified media company that primarily operates in the film and production industry. The company has four business segments, which include motion picture, theatre, real estate, and other. The motion picture business produces and distributes television and feature film content. Additionally, the company licenses content domestically and internationally. The theatre segment plans, produces, and promotes kabuki presentations. The real estate business segment owns and leases development properties. The other business largely focuses on merchandise sales. The company earns the vast majority of its revenue in Japan.

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