Tea Life Co (TSE:3172) Debt-to-Equity : 0.17 (As of Apr. 2024)

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What is Tea Life Co Debt-to-Equity?

Tea Life Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was 円99 Mil. Tea Life Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was 円944 Mil. Tea Life Co's Total Stockholders Equity for the quarter that ended in Apr. 2024 was 円6,164 Mil. Tea Life Co's debt to equity for the quarter that ended in Apr. 2024 was 0.17.

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

TSE:3172' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.13 Max: 0.31
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Tea Life Co was 0.31. The lowest was 0.05. And the median was 0.13.

TSE:3172's Debt-to-Equity is ranked better than
79.36% of 1003 companies
in the Retail - Cyclical industry
Industry Median: 0.61 vs TSE:3172: 0.17

Tea Life Co Debt-to-Equity Historical Data

The historical data trend for Tea Life 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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Tea Life Co Debt-to-Equity Chart

Tea Life Co Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

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0.10

0.24

0.19

0.14

0.11

Tea Life Co Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Debt-to-Equity	Get a 7-Day Free Trial															0.12	0.11	0.10	0.09	0.17

Competitive Comparison of Tea Life Co's Debt-to-Equity

For the Internet Retail subindustry, Tea Life 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.

Tea Life Co's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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

Tea Life Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tea Life Co's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(105	+	558)	/	6168
	=	0.11

Tea Life Co's Debt to Equity Ratio for the quarter that ended in Apr. 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
	=	(99	+	944)	/	6164
	=	0.17

Tea Life Co (TSE:3172) 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.

Tea Life Co Debt-to-Equity Related Terms

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Tea Life Co (TSE:3172) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tea Life Co Ltd (TSE:3172) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

118 Ushio Area, Shimada-shi, Shizuoka, JPN, 428-8651

Website

http://www.tealife.co.jp

Tea Life Co Ltd is a Japan-based company engaged in the mail order sale business including product manufacturing, purchase, order accepting, shipping, bill collection and other related businesses. The company is engaged in the mail-order sale of health food, cosmetics, and other products through its own catalogs and shopping websites.

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