Eisai Co (TSE:4523) Debt-to-Equity

: 0.20 (As of Dec. 2023)

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Eisai Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円31,502 Mil. Eisai Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円134,758 Mil. Eisai Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円818,893 Mil. Eisai Co's debt to equity for the quarter that ended in Dec. 2023 was 0.20.

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

TSE:4523' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.22 Max: 0.48
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Eisai Co was 0.48. The lowest was 0.12. And the median was 0.22.

TSE:4523's Debt-to-Equity is ranked better than
60% of 855 companies
in the Drug Manufacturers industry
Industry Median: 0.29 vs TSE:4523: 0.20

Eisai Co Debt-to-Equity Historical Data

The historical data trend for Eisai 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.

* Premium members only.

Eisai Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.22

0.13

0.16

Eisai 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																0.19	0.16	0.16	0.16	0.20

Competitive Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Eisai 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.

Eisai Co Debt-to-Equity Distribution

For the Drug Manufacturers industry and Healthcare sector, Eisai Co's Debt-to-Equity distribution charts can be found below:

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

Eisai Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eisai 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
	=	(41201	+	84904)	/	799959
	=	0.16

Eisai 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
	=	(31502	+	134758)	/	818893
	=	0.20

Eisai Co (TSE:4523) 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.

Eisai Co Debt-to-Equity Related Terms

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Eisai Co (TSE:4523) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Eisai Co Ltd (TSE:4523) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ESAIY:USA ESALF:USA EII:Germany

Address

4-6-10 Koishikawa, Bunkyo-ku, Tokyo, JPN, 112-8088

Website

http://www.eisai.co.jp

Eisai Co Ltd is a specialty and generic drug manufacturing company. The company's business consists of a pharmaceutical business and other businesses. The pharmaceutical business is categorized by region, including Japan, Americas, China, Asia, and Europe, Middle East, and Africa. Eisai also reports a consumer healthcare business for Japan. The vast majority of the company's revenue is derived by its Japanese pharmaceutical business, followed by its Americas pharmaceuticals segment. The company utilizes licensing strategies in order to expand its research, development, manufacturing, and marketing capabilities.

Eisai Co (TSE:4523) Headlines

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