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Ik Holdings Co (TSE:2722) Debt-to-Equity : 1.02 (As of Feb. 2024)


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What is Ik Holdings Co Debt-to-Equity?

Ik Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円1,143 Mil. Ik Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円938 Mil. Ik Holdings Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円2,047 Mil. Ik Holdings Co's debt to equity for the quarter that ended in Feb. 2024 was 1.02.

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

TSE:2722' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37   Med: 0.82   Max: 1.39
Current: 1.02

During the past 13 years, the highest Debt-to-Equity Ratio of Ik Holdings Co was 1.39. The lowest was 0.37. And the median was 0.82.

TSE:2722's Debt-to-Equity is ranked worse than
64.13% of 276 companies
in the Retail - Defensive industry
Industry Median: 0.62 vs TSE:2722: 1.02

Ik Holdings Co Debt-to-Equity Historical Data

The historical data trend for Ik Holdings 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.

Ik Holdings Co Debt-to-Equity Chart

Ik Holdings Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.71 0.37 1.01 1.39

Ik Holdings 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 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 1.18 1.39 1.30 1.14 1.02

Competitive Comparison of Ik Holdings Co's Debt-to-Equity

For the Discount Stores subindustry, Ik Holdings 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.


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

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

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



Ik Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ik Holdings Co's Debt to Equity Ratio for the fiscal year that ended in May. 2023 is calculated as

Ik Holdings Co's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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.


Ik Holdings Co  (TSE:2722) 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.


Ik Holdings Co Debt-to-Equity Related Terms

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


Ik Holdings Co (TSE:2722) Business Description

Traded in Other Exchanges
N/A
Address
Nakamura-ku Meieki three chome, No. 26 No. 8 KDX Nagoya building fifth floor, Aichi Prefecture, Nagoya, JPN, 450-0002
Ik Holdings Co Ltd is engaged in the development and distribution of cosmetic products.

Ik Holdings Co (TSE:2722) Headlines

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