ZIGExN Co (TSE:3679) Debt-to-Equity : 0.26 (As of Dec. 2023)

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What is ZIGExN Co Debt-to-Equity?

ZIGExN Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円2,543 Mil. ZIGExN Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円2,294 Mil. ZIGExN Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円18,406 Mil. ZIGExN Co's debt to equity for the quarter that ended in Dec. 2023 was 0.26.

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

TSE:3679' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.29 Max: 1.86
Current: 0.26

During the past 11 years, the highest Debt-to-Equity Ratio of ZIGExN Co was 1.86. The lowest was 0.10. And the median was 0.29.

TSE:3679's Debt-to-Equity is ranked worse than
61.74% of 426 companies
in the Interactive Media industry
Industry Median: 0.155 vs TSE:3679: 0.26

ZIGExN Co Debt-to-Equity Historical Data

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

ZIGExN Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.11

0.14

0.28

0.19

0.41

ZIGExN 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															0.31	0.41	0.37	0.31	0.26

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

For the Internet Content & Information subindustry, ZIGExN 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.

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

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

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

ZIGExN Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ZIGExN 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
	=	(3515	+	3078)	/	16073
	=	0.41

ZIGExN 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
	=	(2543	+	2294)	/	18406
	=	0.26

ZIGExN Co (TSE:3679) 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.

ZIGExN Co Debt-to-Equity Related Terms

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ZIGExN Co (TSE:3679) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » ZIGExN Co Ltd (TSE:3679) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ZGXNF:USA ZGE:Germany

Address

3-4-8 Toranomon, 5th FloorMinato-k, Tokyo, JPN, 105-0001

Website

http://www.zigexn.co.jp

ZIGExN Co.,Ltd. develops and operates the internet media platforms called EX Sites that provide information from multiple media and submit user's requests to multiple media in one access. The company's Life Media Platform business developed services to a wide range of areas related to daily life. The company operates career change EX, an employment site, Rent SMOCCA EX, a search site for real estate information, Pharmacist jobs EX, a pharmacist job search site, among others.

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