Tokyo Kiraboshi Financial Group (TSE:7173) Debt-to-Equity : 0.65 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Tokyo Kiraboshi Financial Group Debt-to-Equity?

Tokyo Kiraboshi Financial Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Tokyo Kiraboshi Financial Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円223,568 Mil. Tokyo Kiraboshi Financial Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円342,255 Mil. Tokyo Kiraboshi Financial Group's debt to equity for the quarter that ended in Dec. 2023 was 0.65.

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 Tokyo Kiraboshi Financial Group's Debt-to-Equity or its related term are showing as below:

TSE:7173' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.72 Max: 1.96
Current: 1.96

During the past 10 years, the highest Debt-to-Equity Ratio of Tokyo Kiraboshi Financial Group was 1.96. The lowest was 0.14. And the median was 0.72.

TSE:7173's Debt-to-Equity is ranked worse than
83.47% of 1391 companies
in the Banks industry
Industry Median: 0.65 vs TSE:7173: 1.96

Tokyo Kiraboshi Financial Group Debt-to-Equity Historical Data

The historical data trend for Tokyo Kiraboshi Financial Group'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.

Tokyo Kiraboshi Financial Group Debt-to-Equity Chart

Tokyo Kiraboshi Financial Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.90

0.98

1.83

1.64

1.96

Tokyo Kiraboshi Financial Group 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															1.64	0.50	0.54	0.65	1.96

Competitive Comparison of Tokyo Kiraboshi Financial Group's Debt-to-Equity

For the Banks - Regional subindustry, Tokyo Kiraboshi Financial Group'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.

Tokyo Kiraboshi Financial Group's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Tokyo Kiraboshi Financial Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tokyo Kiraboshi Financial Group's Debt-to-Equity falls into.

Tokyo Kiraboshi Financial Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tokyo Kiraboshi Financial Group'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
	=	(0	+	715261)	/	365101
	=	1.96

Tokyo Kiraboshi Financial Group'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
	=	(0	+	223568)	/	342255
	=	0.65

Tokyo Kiraboshi Financial Group (TSE:7173) 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.

Tokyo Kiraboshi Financial Group Debt-to-Equity Related Terms

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

Tokyo Kiraboshi Financial Group (TSE:7173) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Tokyo Kiraboshi Financial Group Inc (TSE:7173) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

9-2, Shinjuku 5-chome, Shinjuku-ku, Tokyo, JPN, 160-0022

Website

http://www.tokyo-kiraboshifg.co.jp

Tokyo Kiraboshi Financial Group Inc is a Japanese based company, through its subsidiaries provides various financial services and products related to banking services. It offers various deposits; and loans for manufacturing, construction, commerce, banks and other financial institutions, real estate brokerage and leasing, services, individuals, and other industries, as well as invests in securities.

Tokyo Kiraboshi Financial Group (TSE:7173) Headlines

No Headlines