Welcia Holdings Co (TSE:3141) Debt-to-Equity : 0.37 (As of Nov. 2023)

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What is Welcia Holdings Co Debt-to-Equity?

Welcia Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円23,389 Mil. Welcia Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円62,578 Mil. Welcia Holdings Co's Total Stockholders Equity for the quarter that ended in Nov. 2023 was 円231,012 Mil. Welcia Holdings Co's debt to equity for the quarter that ended in Nov. 2023 was 0.37.

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

TSE:3141' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.3 Max: 0.38
Current: 0.35

During the past 13 years, the highest Debt-to-Equity Ratio of Welcia Holdings Co was 0.38. The lowest was 0.20. And the median was 0.30.

TSE:3141's Debt-to-Equity is ranked better than
56.75% of 548 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs TSE:3141: 0.35

Welcia Holdings Co Debt-to-Equity Historical Data

The historical data trend for Welcia Holdings 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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Welcia Holdings Co Debt-to-Equity Chart

Welcia Holdings Co Annual Data

Trend

Aug14

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-Equity

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0.24

0.27

0.31

0.38

0.35

Welcia Holdings 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															0.38	0.42	0.38	0.37	0.35

Competitive Comparison of Welcia Holdings Co's Debt-to-Equity

For the Pharmaceutical Retailers subindustry, Welcia Holdings 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.

Welcia Holdings Co's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Welcia Holdings Co's Debt-to-Equity distribution charts can be found below:

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

Welcia Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Welcia Holdings 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
	=	(23215	+	59484)	/	237710
	=	0.35

Welcia Holdings Co's Debt to Equity Ratio for the quarter that ended in Nov. 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
	=	(23389	+	62578)	/	231012
	=	0.37

Welcia Holdings Co (TSE:3141) 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.

Welcia Holdings Co Debt-to-Equity Related Terms

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Welcia Holdings Co (TSE:3141) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Welcia Holdings Co Ltd (TSE:3141) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

WLCGF:USA

Address

2-2-15 Outside Kanda, Chiyoda-ku, Tokyo, JPN, 101-0021

Website

http://www.welcia.co.jp

Welcia Holdings Co Ltd operates drug retail stores that sell pharmaceuticals, health and beauty products, baby supplies, health supplements, sanitation items, groceries, and personal-care products. The company generates the bulk of its revenue through sales of over-the-counter drugs and food products. Welcia is involved in pharmaceutical dispensing, blood testing, and earthquake reconstruction assistance. The highest concentration of sales remains in the Kanto region of Japan. Welcia also provides nursing services through its long-term care enterprise.

Welcia Holdings Co (TSE:3141) Headlines

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