Rizap Group (SSE:2928) Debt-to-Equity : 4.53 (As of Mar. 2024)

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What is Rizap Group Debt-to-Equity?

Rizap Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円46,271 Mil. Rizap Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円42,145 Mil. Rizap Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円19,529 Mil. Rizap Group's debt to equity for the quarter that ended in Mar. 2024 was 4.53.

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 Rizap Group's Debt-to-Equity or its related term are showing as below:

SSE:2928' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.48 Med: 2.86 Max: 5.82
Current: 4.53

During the past 12 years, the highest Debt-to-Equity Ratio of Rizap Group was 5.82. The lowest was 1.48. And the median was 2.86.

SSE:2928's Debt-to-Equity is ranked worse than
95% of 1000 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs SSE:2928: 4.53

Rizap Group Debt-to-Equity Historical Data

The historical data trend for Rizap Group'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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Rizap Group Debt-to-Equity Chart

Rizap Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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3.99

3.16

2.49

5.82

4.53

Rizap Group 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															5.82	8.16	7.60	7.43	4.53

Competitive Comparison of Rizap Group's Debt-to-Equity

For the Specialty Retail subindustry, Rizap Group'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.

Rizap Group's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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

Rizap Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rizap Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(46271	+	42145)	/	19529
	=	4.53

Rizap Group's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(46271	+	42145)	/	19529
	=	4.53

Rizap Group (SSE:2928) 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.

Rizap Group Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Rizap Group's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Rizap Group (SSE:2928) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rizap Group (SSE:2928) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kitashinjuku 2-21-1, Shinjuku Front Tower, 31st Floor, Shinjuku-ku, Yubinbango, Tokyo, JPN, 169-0074

Website

https://www.rizapgroup.com

Rizap Group is engaged in health and fitness. The Company sells its beauty and health products through mail order. The company manufactures and sales of beauty related products, health foods, Apparel, interior goods. Its other business includes Housing new construction, renovation, Mega solar business, and entertainment business. Its products include mud Awawa, RIZAP Golf, among others.

Rizap Group (SSE:2928) Headlines

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