DeNA Co (TSE:2432) Debt-to-Equity : 0.22 (As of Dec. 2023)

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What is DeNA Co Debt-to-Equity?

DeNA Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円4,686 Mil. DeNA Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円39,659 Mil. DeNA Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円201,677 Mil. DeNA Co's debt to equity for the quarter that ended in Dec. 2023 was 0.22.

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

TSE:2432' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.13 Max: 0.22
Current: 0.22

During the past 13 years, the highest Debt-to-Equity Ratio of DeNA Co was 0.22. The lowest was 0.03. And the median was 0.13.

TSE:2432's Debt-to-Equity is ranked worse than
57.65% of 425 companies
in the Interactive Media industry
Industry Median: 0.16 vs TSE:2432: 0.22

DeNA Co Debt-to-Equity Historical Data

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

DeNA Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.07

0.12

0.20

DeNA Co 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															0.20	0.20	0.19	0.19	0.22

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

For the Electronic Gaming & Multimedia subindustry, DeNA 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.

DeNA Co's Debt-to-Equity Distribution in the Interactive Media Industry

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

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

DeNA Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DeNA Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(4180	+	40977)	/	221626
	=	0.20

DeNA Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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
	=	(4686	+	39659)	/	201677
	=	0.22

DeNA Co (TSE:2432) 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.

DeNA Co Debt-to-Equity Related Terms

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DeNA Co (TSE:2432) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » DeNA Co Ltd (TSE:2432) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DNACF:USA D2N:Germany

Address

Shibuya Hikarie, 2-21-1 Shibuya, Shibuya-ku, Tokyo, JPN, 150-8510

Website

https://dena.com

DeNA Co Ltd is primarily a social media service provider in Japan. It generates the major portion of its revenue by providing social media and Internet marketing related services through its Social Media segment. The E-commerce segment offers E-Commerce related services, including the operation of auction shopping and cellular phone websites under the names DeNA shopping and Mobaoku respectively. The Others segment is engaged in travel agency and insurance agency services, and professional baseball related business. The Company has its primary market in North America.

DeNA Co (TSE:2432) Headlines

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