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ERI HOLDINGS Co (TSE:6083) Debt-to-Equity : 0.46 (As of Feb. 2024)


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What is ERI HOLDINGS Co Debt-to-Equity?

ERI HOLDINGS Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円748 Mil. ERI HOLDINGS Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円1,741 Mil. ERI HOLDINGS Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円5,439 Mil. ERI HOLDINGS Co's debt to equity for the quarter that ended in Feb. 2024 was 0.46.

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

TSE:6083' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.48   Max: 0.81
Current: 0.46

During the past 13 years, the highest Debt-to-Equity Ratio of ERI HOLDINGS Co was 0.81. The lowest was 0.04. And the median was 0.48.

TSE:6083's Debt-to-Equity is ranked worse than
53.85% of 921 companies
in the Business Services industry
Industry Median: 0.37 vs TSE:6083: 0.46

ERI HOLDINGS Co Debt-to-Equity Historical Data

The historical data trend for ERI 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.

ERI HOLDINGS Co Debt-to-Equity Chart

ERI 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 0.64 0.51 0.34 0.27 0.47

ERI 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 0.54 0.47 0.52 0.47 0.46

Competitive Comparison of ERI HOLDINGS Co's Debt-to-Equity

For the Specialty Business Services subindustry, ERI 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.


ERI HOLDINGS Co's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ERI HOLDINGS Co's Debt-to-Equity distribution charts can be found below:

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



ERI HOLDINGS Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

ERI 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.


ERI HOLDINGS Co  (TSE:6083) 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.


ERI HOLDINGS Co Debt-to-Equity Related Terms

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


ERI HOLDINGS Co (TSE:6083) Business Description

Traded in Other Exchanges
N/A
Address
8-10-24 Akasaka, Minato-ku, 5th Floor, Tokyo, JPN, 107-0052
ERI HOLDINGS Co Ltd is engaged in providing business services. The business of the company includes confirmation inspection business based on building confirmation and building standard law, housing performance evaluation and related business, and solution business during construction which include due diligence and technical review.

ERI HOLDINGS Co (TSE:6083) Headlines

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