BroadBand Tower (TSE:3776) Debt-to-Equity : 0.44 (As of Dec. 2023)

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What is BroadBand Tower Debt-to-Equity?

BroadBand Tower's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,505 Mil. BroadBand Tower's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円2,136 Mil. BroadBand Tower's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円8,315 Mil. BroadBand Tower's debt to equity for the quarter that ended in Dec. 2023 was 0.44.

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 BroadBand Tower's Debt-to-Equity or its related term are showing as below:

TSE:3776' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.49 Max: 0.94
Current: 0.44

During the past 13 years, the highest Debt-to-Equity Ratio of BroadBand Tower was 0.94. The lowest was 0.36. And the median was 0.49.

TSE:3776's Debt-to-Equity is ranked better than
62.18% of 349 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs TSE:3776: 0.44

BroadBand Tower Debt-to-Equity Historical Data

The historical data trend for BroadBand Tower'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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BroadBand Tower Debt-to-Equity Chart

BroadBand Tower Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.94

0.76

0.53

0.55

0.44

BroadBand Tower 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															0.55	0.52	0.50	0.48	0.44

Competitive Comparison of BroadBand Tower's Debt-to-Equity

For the Telecom Services subindustry, BroadBand Tower'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.

BroadBand Tower's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, BroadBand Tower's Debt-to-Equity distribution charts can be found below:

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

BroadBand Tower Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BroadBand Tower's Debt to Equity Ratio for the fiscal year 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
	=	(1505.204	+	2135.562)	/	8314.791
	=	0.44

BroadBand Tower'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
	=	(1505.204	+	2135.562)	/	8314.791
	=	0.44

BroadBand Tower (TSE:3776) 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.

BroadBand Tower Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of BroadBand Tower's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

BroadBand Tower (TSE:3776) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » BroadBand Tower Inc (TSE:3776) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-2-6 Akasaka, Tokyo, JPN

Website

http://www.bbtower.co.jp

BroadBand Tower, Inc. is a Japan-based company engaged in the provision of internet services. The company offers various services such as portal and e-commerce sites, video distribution sites, and social media and others. It operates through two businesses namely computer platform and fashion industry platform. The computer platform business includes data center and cloud services, storage products, and the internet of things. Its fashion industry platform business provides electronic-commerce support services, apparel planning, manufacturing and marketing and television shopping support services.

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