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Premium Group Co (TSE:7199) Debt-to-Equity : 2.77 (As of Mar. 2024)


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What is Premium Group Co Debt-to-Equity?

Premium Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円0 Mil. Premium Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円42,333 Mil. Premium Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円15,310 Mil. Premium Group Co's debt to equity for the quarter that ended in Mar. 2024 was 2.77.

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

TSE:7199' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.31   Med: 2.28   Max: 3.6
Current: 2.94

During the past 9 years, the highest Debt-to-Equity Ratio of Premium Group Co was 3.60. The lowest was 1.31. And the median was 2.28.

TSE:7199's Debt-to-Equity is ranked worse than
73.55% of 431 companies
in the Credit Services industry
Industry Median: 1.18 vs TSE:7199: 2.94

Premium Group Co Debt-to-Equity Historical Data

The historical data trend for Premium Group 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.

Premium Group Co Debt-to-Equity Chart

Premium Group Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 3.13 2.72 2.45 2.37 2.77

Premium Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.37 2.25 2.13 2.94 2.77

Competitive Comparison of Premium Group Co's Debt-to-Equity

For the Credit Services subindustry, Premium Group 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.


Premium Group Co's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Premium Group Co's Debt-to-Equity distribution charts can be found below:

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



Premium Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Premium Group Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Premium Group Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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 Group Co  (TSE:7199) 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.


Premium Group Co Debt-to-Equity Related Terms

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


Premium Group Co (TSE:7199) Business Description

Traded in Other Exchanges
N/A
Address
Roppongi first building 1-9-9 Roppongi, Minato-ku, Tokyo, JPN, 106-0032
Premium Group Co Ltd is a Japan-based company offers financing service. The company is involved in automobile credit financing, automobile warranty business, consulting, warranty product development, and market research and various other businesses.

Premium Group Co (TSE:7199) Headlines

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