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MrMax Holdings (TSE:8203) Debt-to-Equity : 0.67 (As of Nov. 2023)


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What is MrMax Holdings Debt-to-Equity?

MrMax Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円6,426 Mil. MrMax Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円15,776 Mil. MrMax Holdings's Total Stockholders Equity for the quarter that ended in Nov. 2023 was 円33,198 Mil. MrMax Holdings's debt to equity for the quarter that ended in Nov. 2023 was 0.67.

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

TSE:8203' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.61   Med: 1.25   Max: 1.87
Current: 0.67

During the past 13 years, the highest Debt-to-Equity Ratio of MrMax Holdings was 1.87. The lowest was 0.61. And the median was 1.25.

TSE:8203's Debt-to-Equity is ranked worse than
51.81% of 276 companies
in the Retail - Defensive industry
Industry Median: 0.62 vs TSE:8203: 0.67

MrMax Holdings Debt-to-Equity Historical Data

The historical data trend for MrMax 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.

MrMax Holdings Debt-to-Equity Chart

MrMax Holdings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.34 0.94 0.90 0.76

MrMax Holdings Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.71 0.76 0.67 0.61 0.67

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

For the Discount Stores subindustry, MrMax 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.


MrMax Holdings's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, MrMax Holdings's Debt-to-Equity distribution charts can be found below:

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



MrMax Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MrMax Holdings's Debt to Equity Ratio for the fiscal year that ended in Feb. 2023 is calculated as

MrMax Holdings's Debt to Equity Ratio for the quarter that ended in Nov. 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.


MrMax Holdings  (TSE:8203) 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.


MrMax Holdings Debt-to-Equity Related Terms

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


MrMax Holdings (TSE:8203) Business Description

Traded in Other Exchanges
N/A
Address
1-5-7 Matsuda, Higashi-ku, Fukuoka, JPN, 812-0064
MrMax Holdings Ltd is an online and physical discount store that sells household and consumer products. The company offers products such as T.V, phones, kitchen and household electronic appliances, sanitary products, clothes, sports goods, foods, and beverages, carry cases, and others.

MrMax Holdings (TSE:8203) Headlines

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