Are Holdings (TSE:5857) Debt-to-Equity : 1.12 (As of Mar. 2024)

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What is Are Holdings Debt-to-Equity?

Are Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円64,985 Mil. Are Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円76,175 Mil. Are Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円126,476 Mil. Are Holdings's debt to equity for the quarter that ended in Mar. 2024 was 1.12.

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

TSE:5857' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.52 Med: 1.01 Max: 1.83
Current: 1.12

During the past 13 years, the highest Debt-to-Equity Ratio of Are Holdings was 1.83. The lowest was 0.52. And the median was 1.01.

TSE:5857's Debt-to-Equity is ranked worse than
74.66% of 221 companies
in the Waste Management industry
Industry Median: 0.73 vs TSE:5857: 1.12

Are Holdings Debt-to-Equity Historical Data

The historical data trend for Are 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.

* Premium members only.

Are Holdings Debt-to-Equity Chart

Are Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.83

1.07

1.44

1.35

1.12

Are Holdings 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															1.35	1.84	1.93	2.48	1.12

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

For the Waste Management subindustry, Are 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.

Are Holdings's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Are Holdings's Debt-to-Equity distribution charts can be found below:

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

Are Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Are Holdings'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
	=	(64985	+	76175)	/	126476
	=	1.12

Are 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
	=	(64985	+	76175)	/	126476
	=	1.12

Are Holdings (TSE:5857) 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.

Are Holdings Debt-to-Equity Related Terms

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

Are Holdings (TSE:5857) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Are Holdings Inc (TSE:5857) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AHHLF:USA A19:Germany

Address

Nissay Sannomiya Bldg., 4-4-17, Kano-cho, Chuo-ku, Kobe, JPN, 650-0001

Website

http://www.asahiholdings.com

Are Holdings Inc formerly Asahi Holdings Inc is operative in the Japanese waste management industry. The company's principal interest lies in the precious metals recycling activities. This segment deals with the recycling and sale of precious metals and rare metals, including gold, silver, palladium, platinum, and indium, which are refined from precious metal-containing scraps inclusive of electronic materials, dental materials, jewelry manufacture and automobile catalysts. Asahi's secondary line of business is responsible for the collection, transportation and intermediate treatment of industrial wastes, such as waste acids, waste alkalis, waste oil, sludge, waste drugs and infectious medical wastes.

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