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Answer Holdings Co (TSE:2994) Debt-to-Equity : 12.10 (As of Dec. 2023)


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What is Answer Holdings Co Debt-to-Equity?

Answer Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円942 Mil. Answer Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円3,490 Mil. Answer Holdings Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円366 Mil. Answer Holdings Co's debt to equity for the quarter that ended in Dec. 2023 was 12.10.

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

TSE:2994' s Debt-to-Equity Range Over the Past 10 Years
Min: 12.1   Med: 13.56   Max: 16.99
Current: 12.1

During the past 4 years, the highest Debt-to-Equity Ratio of Answer Holdings Co was 16.99. The lowest was 12.10. And the median was 13.56.

TSE:2994's Debt-to-Equity is not ranked
in the Real Estate industry.
Industry Median: 0.76 vs TSE:2994: 12.10

Answer Holdings Co Debt-to-Equity Historical Data

The historical data trend for Answer 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.

Answer Holdings Co Debt-to-Equity Chart

Answer Holdings Co Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
16.65 12.24 16.99 13.56

Answer Holdings Co Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial N/A 16.99 13.82 13.56 12.10

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

For the Real Estate - Diversified subindustry, Answer 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.

Answer Holdings Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Answer Holdings Co's Debt-to-Equity distribution charts can be found below:

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


Answer Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Answer Holdings Co'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
=(784.73 + 3583.034) / 322.168
=13.56

Answer Holdings 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
=(941.534 + 3489.948) / 366.138
=12.10

* 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.

Answer Holdings Co  (TSE:2994) 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.

Answer Holdings Co Debt-to-Equity Related Terms

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Answer Holdings Co (TSE:2994) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Answer Holdings Co Ltd (TSE:2994) » Definitions » Debt-to-Equity
Comparable Companies
OTSE:TPD1T TSXV:RLP AMM:EMAR ASX:RPG XSAT:SLOTT B NIHK SGX:BCD BOM:531822 BOM:523144 XKLS:6041
Traded in Other Exchanges
N/A
Address
2-15-46 Asano, Kokurakita-ku, Kitakyusyu-shi, Fukuoka, JPN, 802-0001
Website
https://www.answerholdings.co.jp
Answer Holdings Co Ltd is involved in the real estate, remodeling and related business.

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