Toho Co (TSE:9602) Debt-to-Equity : 0.01 (As of Feb. 2024)

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What is Toho Co Debt-to-Equity?

Toho Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円1,165 Mil. Toho Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円2,189 Mil. Toho Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円458,888 Mil. Toho Co's debt to equity for the quarter that ended in Feb. 2024 was 0.01.

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

TSE:9602' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.01
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Toho Co was 0.01. The lowest was 0.00. And the median was 0.00.

TSE:9602's Debt-to-Equity is ranked better than
99.88% of 844 companies
in the Media - Diversified industry
Industry Median: 0.28 vs TSE:9602: 0.01

Toho Co Debt-to-Equity Historical Data

The historical data trend for Toho 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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Toho Co Debt-to-Equity Chart

Toho Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-Equity

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0.01

Toho Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	0.01

Competitive Comparison of Toho Co's Debt-to-Equity

For the Entertainment subindustry, Toho 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.

Toho Co's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Toho Co's Debt-to-Equity distribution charts can be found below:

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

Toho Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Toho Co's Debt to Equity Ratio for the fiscal year that ended in Feb. 2024 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
	=	(1165	+	2189)	/	458888
	=	0.01

Toho Co's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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
	=	(1165	+	2189)	/	458888
	=	0.01

Toho Co (TSE:9602) 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.

Toho Co Debt-to-Equity Related Terms

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Toho Co (TSE:9602) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Toho Co Ltd (TSE:9602) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

TKCOF:USA TOH:Germany

Address

1-2-2 Yurakucho Chiyoda-ku, Tokyo, JPN, 100-8415

Website

http://www.toho.co.jp

Toho is a diversified media company, with interests in the film and theater businesses. The company operates through three primary business segments: movie, theater, and real estate. The movie segment generates the vast majority of its revenue and is involved in the production and distribution of feature films. The theater segment is involved in planning, producing, and performing stage productions. The corporate real estate segment leases land and buildings. The company generates the vast majority of its revenue in Japan.

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