Invincible Investment (TSE:8963) Debt-to-Equity : 0.94 (As of Jun. 2023)

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What is Invincible Investment Debt-to-Equity?

Invincible Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was 円159,592 Mil. Invincible Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was 円79,598 Mil. Invincible Investment's Total Stockholders Equity for the quarter that ended in Jun. 2023 was 円254,024 Mil. Invincible Investment's debt to equity for the quarter that ended in Jun. 2023 was 0.94.

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 Invincible Investment's Debt-to-Equity or its related term are showing as below:

TSE:8963' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.94 Med: 1.04 Max: 1.18
Current: 0.94

During the past 13 years, the highest Debt-to-Equity Ratio of Invincible Investment was 1.18. The lowest was 0.94. And the median was 1.04.

TSE:8963's Debt-to-Equity is ranked worse than
63.19% of 671 companies
in the REITs industry
Industry Median: 0.78 vs TSE:8963: 0.94

Invincible Investment Debt-to-Equity Historical Data

The historical data trend for Invincible Investment'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.

Invincible Investment Debt-to-Equity Chart

Invincible Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.02

1.05

1.00

0.96

N/A

Invincible Investment Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.00	0.98	0.96	0.94	N/A

Competitive Comparison of Invincible Investment's Debt-to-Equity

For the REIT - Hotel & Motel subindustry, Invincible Investment'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.

Invincible Investment's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Invincible Investment's Debt-to-Equity distribution charts can be found below:

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

Invincible Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Invincible Investment's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(159920	+	80877)	/	250321.091
	=	0.96

Invincible Investment's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(159592	+	79598)	/	254024.092
	=	0.94

Invincible Investment (TSE:8963) 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.

Invincible Investment Debt-to-Equity Related Terms

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Invincible Investment (TSE:8963) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Invincible Investment Corp (TSE:8963) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Roppongi Hills Mori Tower 6-10-1 Roppongi, Minato-ku, Tokyo, JPN

Website

http://www.invincible-inv.co.jp

Invincible Investment Corp is a Japanese real estate investment trust. It aims to ensure steady asset growth and stable revenues from a medium-to-long-term perspective through investing in real estate properties. The company invests primarily in residential properties or hotels, or real estate assets and other assets backed by such residential properties or hotels and real estate-backed securities.

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