Trial Holdings (TSE:141A) Debt-to-Equity : 0.16 (As of Mar. 2024)

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What is Trial Holdings Debt-to-Equity?

Trial Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円4,180 Mil. Trial Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円12,993 Mil. Trial Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円107,997 Mil. Trial Holdings's debt to equity for the quarter that ended in Mar. 2024 was 0.16.

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 Trial Holdings's Debt-to-Equity or its related term are showing as below:

TSE:141A' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.36 Max: 0.54
Current: 0.24

During the past 3 years, the highest Debt-to-Equity Ratio of Trial Holdings was 0.54. The lowest was 0.24. And the median was 0.36.

TSE:141A's Debt-to-Equity is ranked better than
72.2% of 277 companies
in the Retail - Defensive industry
Industry Median: 0.64 vs TSE:141A: 0.24

Trial Holdings Debt-to-Equity Historical Data

The historical data trend for Trial Holdings'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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Trial Holdings Debt-to-Equity Chart

Trial Holdings Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-Equity

0.54

0.42

0.30

Trial Holdings Quarterly Data
	Jun21	Jun22	Dec22	Jun23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial			0.42	0.36	0.30	0.24	0.16

Competitive Comparison of Trial Holdings's Debt-to-Equity

For the Discount Stores subindustry, Trial Holdings'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.

Trial Holdings's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Trial Holdings's Debt-to-Equity distribution charts can be found below:

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

Trial Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Trial Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(4426	+	15164)	/	65883
	=	0.30

Trial Holdings'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
	=	(4180	+	12993)	/	107997
	=	0.16

Trial Holdings (TSE:141A) 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.

Trial Holdings Debt-to-Equity Related Terms

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

Trial Holdings (TSE:141A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Trial Holdings Inc (TSE:141A) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-12-2 Tanotsu, Fukuoka Higashi-ku, Fukuoka, JPN, 813-0034

Website

https://www.trial-holdings.inc

Trial Holdings Inc is engaged in the planning, management and operation of corporate groups centered on each business such as retail, logistics, finance/payment, and retail tech.

Trial Holdings (TSE:141A) Headlines

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