Iida Group Holdings Co (TSE:3291) Debt-to-Equity : 0.66 (As of Dec. 2023)

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What is Iida Group Holdings Co Debt-to-Equity?

Iida Group Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円327,399 Mil. Iida Group Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円313,663 Mil. Iida Group Holdings Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円967,277 Mil. Iida Group Holdings Co's debt to equity for the quarter that ended in Dec. 2023 was 0.66.

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

TSE:3291' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43 Med: 0.54 Max: 0.68
Current: 0.66

During the past 10 years, the highest Debt-to-Equity Ratio of Iida Group Holdings Co was 0.68. The lowest was 0.43. And the median was 0.54.

TSE:3291's Debt-to-Equity is ranked worse than
56.7% of 97 companies
in the Homebuilding & Construction industry
Industry Median: 0.56 vs TSE:3291: 0.66

Iida Group Holdings Co Debt-to-Equity Historical Data

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

Iida Group Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.58

0.68

0.49

0.56

0.57

Iida Group Holdings 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															0.58	0.57	0.60	0.62	0.66

Competitive Comparison of Iida Group Holdings Co's Debt-to-Equity

For the Residential Construction subindustry, Iida Group 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.

Iida Group Holdings Co's Debt-to-Equity Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Iida Group Holdings Co's Debt-to-Equity distribution charts can be found below:

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

Iida Group Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Iida Group Holdings 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
	=	(274570	+	279473)	/	967319
	=	0.57

Iida Group Holdings 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
	=	(327399	+	313663)	/	967277
	=	0.66

Iida Group Holdings Co (TSE:3291) 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.

Iida Group Holdings Co Debt-to-Equity Related Terms

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Iida Group Holdings Co (TSE:3291) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Iida Group Holdings Co Ltd (TSE:3291) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

IIO:Germany

Address

1-4-1, Nishihara-cho Nishitokyo, Tokyo, JPN

Website

https://www.ighd.co.jp

Iida Group Holdings Co Ltd is engaged in the operation of real estate business. It is involved in the development of real estate properties and the sale of various real estate properties. The company is also involved in various other real estate-related activities, such as renovation works, real estate brokerage services, hot spring and golf course operations, arrangement and lending of mortgage loans, and the provision of Internet-related consulting services, among others.

Iida Group Holdings Co (TSE:3291) Headlines

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