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Japan Exchange Group (TSE:8697) Debt-to-Equity : 0.16 (As of Mar. 2024)


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What is Japan Exchange Group Debt-to-Equity?

Japan Exchange Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円32,500 Mil. Japan Exchange Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円19,980 Mil. Japan Exchange Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円328,359 Mil. Japan Exchange Group's debt to equity for the quarter that ended in Mar. 2024 was 0.16.

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

TSE:8697' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13   Med: 0.17   Max: 0.2
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Japan Exchange Group was 0.20. The lowest was 0.13. And the median was 0.17.

TSE:8697's Debt-to-Equity is ranked better than
64.09% of 607 companies
in the Capital Markets industry
Industry Median: 0.38 vs TSE:8697: 0.16

Japan Exchange Group Debt-to-Equity Historical Data

The historical data trend for Japan Exchange Group'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.

Japan Exchange Group Debt-to-Equity Chart

Japan Exchange Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.16 0.17 0.17 0.16

Japan Exchange Group 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 0.17 0.17 0.16 0.16 0.16

Competitive Comparison of Japan Exchange Group's Debt-to-Equity

For the Financial Data & Stock Exchanges subindustry, Japan Exchange Group'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.


Japan Exchange Group's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Japan Exchange Group's Debt-to-Equity distribution charts can be found below:

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



Japan Exchange Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Japan Exchange Group'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.


Japan Exchange Group  (TSE:8697) 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.


Japan Exchange Group Debt-to-Equity Related Terms

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


Japan Exchange Group (TSE:8697) Business Description

Traded in Other Exchanges
Address
2-1 Nihombashi Kabutocho, Chuo-ku, Tokyo, JPN, 103-8224
Japan Exchange Group is a vertically integrated securities exchange business, which includes the Tokyo Stock Exchange, Osaka Exchange, and Tokyo Commodity Exchange. JPX ranks among the top five largest stock exchange operators in the world by market capitalization, and its Nikkei 225 and Topix derivatives products are some of the most widely traded derivatives products in the world.

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