Ricoh Leasing Co (TSE:8566) Debt-to-Equity : 4.04 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Ricoh Leasing Co Debt-to-Equity?

Ricoh Leasing Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円209,200 Mil. Ricoh Leasing Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円670,300 Mil. Ricoh Leasing Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円217,715 Mil. Ricoh Leasing Co's debt to equity for the quarter that ended in Dec. 2023 was 4.04.

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

TSE:8566' s Debt-to-Equity Range Over the Past 10 Years
Min: 3.99 Med: 4.37 Max: 4.81
Current: 4.04

During the past 13 years, the highest Debt-to-Equity Ratio of Ricoh Leasing Co was 4.81. The lowest was 3.99. And the median was 4.37.

TSE:8566's Debt-to-Equity is ranked worse than
82.56% of 430 companies
in the Credit Services industry
Industry Median: 1.185 vs TSE:8566: 4.04

Ricoh Leasing Co Debt-to-Equity Historical Data

The historical data trend for Ricoh Leasing 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.

Ricoh Leasing Co Debt-to-Equity Chart

Ricoh Leasing Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

4.52

4.65

4.38

4.17

4.19

Ricoh Leasing 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															4.02	4.19	4.24	3.99	4.04

Competitive Comparison of Ricoh Leasing Co's Debt-to-Equity

For the Credit Services subindustry, Ricoh Leasing 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.

Ricoh Leasing Co's Debt-to-Equity Distribution in the Credit Services Industry

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

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

Ricoh Leasing Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ricoh Leasing 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
	=	(189145	+	697084)	/	211707
	=	4.19

Ricoh Leasing 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
	=	(209200	+	670300)	/	217715
	=	4.04

Ricoh Leasing Co (TSE:8566) 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.

Ricoh Leasing Co Debt-to-Equity Related Terms

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

Ricoh Leasing Co (TSE:8566) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Ricoh Leasing Co Ltd (TSE:8566) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7-12 Shinonome, Koto-ku, Tokyo, JPN, 135-8518

Website

http://www.r-lease.co.jp

Ricoh Leasing has two primary businesses: lease and installments, and financial services. The lease and installments business, which accounts for the vast majority of the company's revenue, provides business leasing, rental, installment, and credit products for business equipment, information-related equipment, medical equipment, and environment-related equipment. In the financial-services business, Ricoh provides loans to individuals, doctors, and corporations. It also serves as an agent to collect accounts receivable and provide billing services, and it has a credit card business and an asset-management service.

Ricoh Leasing Co (TSE:8566) Headlines

No Headlines