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Japan Post Bank Co (Japan Post Bank Co) Debt-to-Equity : 0.19 (As of Dec. 2023)


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What is Japan Post Bank Co Debt-to-Equity?

Japan Post Bank Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Japan Post Bank Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $12,310 Mil. Japan Post Bank Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $66,242 Mil. Japan Post Bank Co's debt to equity for the quarter that ended in Dec. 2023 was 0.19.

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

JPSTF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.55
Current: 0.21

During the past 10 years, the highest Debt-to-Equity Ratio of Japan Post Bank Co was 0.55. The lowest was 0.00. And the median was 0.02.

JPSTF's Debt-to-Equity is ranked better than
81.12% of 1393 companies
in the Banks industry
Industry Median: 0.66 vs JPSTF: 0.21

Japan Post Bank Co Debt-to-Equity Historical Data

The historical data trend for Japan Post Bank 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.

Japan Post Bank Co Debt-to-Equity Chart

Japan Post Bank Co 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 - 0.35 0.55 0.17 0.21

Japan Post Bank Co 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 0.20 0.19 0.21

Competitive Comparison of Japan Post Bank Co's Debt-to-Equity

For the Banks - Regional subindustry, Japan Post Bank 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.


Japan Post Bank Co's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Japan Post Bank Co's Debt-to-Equity distribution charts can be found below:

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



Japan Post Bank Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Japan Post Bank Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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 Post Bank Co  (OTCPK:JPSTF) 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 Post Bank Co Debt-to-Equity Related Terms

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Japan Post Bank Co (Japan Post Bank Co) Business Description

Traded in Other Exchanges
Address
1-3-2 Kasumigaseki, Chiyoda-ku, Tokyo, JPN, 100-8798
Japan Post Bank is the successor of the postal-savings system dating to the Meiji era. It was partially privatized in 2015, when the government sold to the public an 11% stake in parent company Japan Post Holdings, which in turn sold 11% stakes in Japan Post Bank and Japan Post Insurance to the public. Japan Post Bank is now 64% owned by Japan Post Holdings, which is majority owned by the government. The law requires Japan Post Holdings to divest itself of Japan Post Bank eventually. Japan Post Bank has 235 direct branches and also accepts deposits and sells investment products at more than 24,000 post offices across the country through a sales-agency agreement with Japan Post (an unlisted subsidiary of Japan Post Holdings).

Japan Post Bank Co (Japan Post Bank Co) Headlines

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