21 Lady Co (NGO:3346) Debt-to-Equity : -3.60 (As of Dec. 2023)

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What is 21 Lady Co Debt-to-Equity?

21 Lady Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円177 Mil. 21 Lady Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円469 Mil. 21 Lady Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円-180 Mil. 21 Lady Co's debt to equity for the quarter that ended in Dec. 2023 was -3.60.

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

NGO:3346' s Debt-to-Equity Range Over the Past 10 Years
Min: -11.52 Med: 3.79 Max: 124.02
Current: -3.6

During the past 13 years, the highest Debt-to-Equity Ratio of 21 Lady Co was 124.02. The lowest was -11.52. And the median was 3.79.

NGO:3346's Debt-to-Equity is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.62 vs NGO:3346: -3.60

21 Lady Co Debt-to-Equity Historical Data

The historical data trend for 21 Lady 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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21 Lady Co Debt-to-Equity Chart

21 Lady Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.71

-1.42

-2.12

6.42

4.79

21 Lady 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															5.21	4.79	9.23	-11.52	-3.60

Competitive Comparison of 21 Lady Co's Debt-to-Equity

For the Specialty Retail subindustry, 21 Lady 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.

21 Lady Co's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, 21 Lady Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where 21 Lady Co's Debt-to-Equity falls into.

21 Lady Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

21 Lady 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
	=	(107.693	+	465.855)	/	119.684
	=	4.79

21 Lady 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
	=	(177.473	+	469.294)	/	-179.839
	=	-3.60

21 Lady Co (NGO:3346) 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.

21 Lady Co Debt-to-Equity Related Terms

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21 Lady Co (NGO:3346) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » 21 Lady Co Ltd (NGO:3346) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fifth Building, 5th Nibancho, Chiyoda-ku, Chiyoda-ku, Tokyo, JPN

Website

http://www.21lady.com

21 Lady Co Ltd is engaged in manufacturing and selling confectionery products for women and their families. It engages in the manufacture, wholesale, and retail of cream puffs and confectionary through its confectionary shops, supermarkets, and convenience stores; and operates Hirota sweets cafes. The company also plans, develops, and operates an interior shop under the Ilumsborgs brand that sells tableware and fabrics, furniture and lighting, miscellaneous goods, interior goods, and kitchen supplies.

21 Lady Co (NGO:3346) Headlines

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