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Anshin Guarantor Service Co (TSE:7183) Debt-to-Equity : 0.22 (As of Dec. 2023)


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What is Anshin Guarantor Service Co Debt-to-Equity?

Anshin Guarantor Service Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円500 Mil. Anshin Guarantor Service Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Anshin Guarantor Service Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円2,271 Mil. Anshin Guarantor Service Co's debt to equity for the quarter that ended in Dec. 2023 was 0.22.

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 Anshin Guarantor Service Co's Debt-to-Equity or its related term are showing as below:

TSE:7183' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09   Med: 0.17   Max: 0.46
Current: 0.22

During the past 9 years, the highest Debt-to-Equity Ratio of Anshin Guarantor Service Co was 0.46. The lowest was 0.09. And the median was 0.17.

TSE:7183's Debt-to-Equity is ranked better than
79.63% of 432 companies
in the Credit Services industry
Industry Median: 1.18 vs TSE:7183: 0.22

Anshin Guarantor Service Co Debt-to-Equity Historical Data

The historical data trend for Anshin Guarantor Service 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.

Anshin Guarantor Service Co Debt-to-Equity Chart

Anshin Guarantor Service Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.46 0.12 0.10 0.20 0.16

Anshin Guarantor Service Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.17 0.16 0.23 0.21 0.22

Competitive Comparison of Anshin Guarantor Service Co's Debt-to-Equity

For the Credit Services subindustry, Anshin Guarantor Service 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.


Anshin Guarantor Service Co's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Anshin Guarantor Service Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Anshin Guarantor Service Co's Debt-to-Equity falls into.



Anshin Guarantor Service Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Anshin Guarantor Service Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Anshin Guarantor Service Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Anshin Guarantor Service Co  (TSE:7183) 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.


Anshin Guarantor Service Co Debt-to-Equity Related Terms

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Anshin Guarantor Service Co (TSE:7183) Business Description

Traded in Other Exchanges
N/A
Address
Tokyo Kyobashi 1-chome 11th No. 8, Nishigin MID building, 6th floor, Yubinbango, Tokyo, JPN, 104-0031
Anshin Guarantor Service Co.,Ltd., is engaged in providing guarantee business for rental debt. Its product list includes anshin plus, life anshin plus, ion card de rent and apulus anshin rent guarantee.

Anshin Guarantor Service Co (TSE:7183) Headlines

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