Yamato Holdings Co (TSE:9064) Debt-to-Equity : 0.20 (As of Dec. 2023)

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What is Yamato Holdings Co Debt-to-Equity?

Yamato Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円46,277 Mil. Yamato Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円74,574 Mil. Yamato Holdings Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円597,280 Mil. Yamato Holdings 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 Yamato Holdings Co's Debt-to-Equity or its related term are showing as below:

TSE:9064' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.21 Max: 0.33
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Yamato Holdings Co was 0.33. The lowest was 0.08. And the median was 0.21.

TSE:9064's Debt-to-Equity is ranked better than
78.85% of 884 companies
in the Transportation industry
Industry Median: 0.545 vs TSE:9064: 0.20

Yamato Holdings Co Debt-to-Equity Historical Data

The historical data trend for Yamato Holdings 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.

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Yamato Holdings Co Debt-to-Equity Chart

Yamato Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.20

0.23

0.11

0.08

Yamato Holdings 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															0.10	0.08	0.09	0.15	0.20

Competitive Comparison of Yamato Holdings Co's Debt-to-Equity

For the Trucking subindustry, Yamato Holdings 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.

Yamato Holdings Co's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Yamato Holdings Co's Debt-to-Equity distribution charts can be found below:

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

Yamato Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yamato Holdings 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
	=	(15415	+	32858)	/	610379
	=	0.08

Yamato Holdings 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
	=	(46277	+	74574)	/	597280
	=	0.20

Yamato Holdings Co (TSE:9064) 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.

Yamato Holdings Co Debt-to-Equity Related Terms

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Yamato Holdings Co (TSE:9064) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Yamato Holdings Co Ltd (TSE:9064) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

YATRY:USA

Address

16-10, Ginza 2-chome, Chuo-ku, Tokyo, JPN, 104-8125

Website

http://www.yamato-hd.co.jp

Yamato Holdings Co Ltd is a Japan-based company which provides parcel delivery services for private and business customers. It is primarily involved in six business segments, namely Delivery, BIZ-Logistics, Home Convenience, e-Business, Financial, and Autoworks, as well as services incidental to these activities. The company generates the majority of its revenue from the delivery and BIZ-Logistics business segments. The Delivery Business provides small parcel delivery services for the general public and corporations. The BIZ-Logistics business is involved in providing intercompany logistics services, aimed at the B2B supply-chain management market.

Yamato Holdings Co (TSE:9064) Headlines

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