Japan Securities Finance Co (TSE:8511) Debt-to-Equity : 25.21 (As of Dec. 2023)

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What is Japan Securities Finance Co Debt-to-Equity?

Japan Securities Finance Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Japan Securities Finance Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円3,560,916 Mil. Japan Securities Finance Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円141,230 Mil. Japan Securities Finance Co's debt to equity for the quarter that ended in Dec. 2023 was 25.21.

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 Japan Securities Finance Co's Debt-to-Equity or its related term are showing as below:

TSE:8511' s Debt-to-Equity Range Over the Past 10 Years
Min: 9.79 Med: 17.65 Max: 28.61
Current: 25.21

During the past 13 years, the highest Debt-to-Equity Ratio of Japan Securities Finance Co was 28.61. The lowest was 9.79. And the median was 17.65.

TSE:8511's Debt-to-Equity is ranked worse than
98.84% of 432 companies
in the Credit Services industry
Industry Median: 1.18 vs TSE:8511: 25.21

Japan Securities Finance Co Debt-to-Equity Historical Data

The historical data trend for Japan Securities Finance 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.

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Japan Securities Finance Co Debt-to-Equity Chart

Japan Securities Finance Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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14.17

19.87

26.66

26.30

28.28

Japan Securities Finance 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															20.88	28.28	22.31	23.85	25.21

Competitive Comparison of Japan Securities Finance Co's Debt-to-Equity

For the Credit Services subindustry, Japan Securities Finance 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.

Japan Securities Finance Co's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Japan Securities Finance Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Japan Securities Finance Co's Debt-to-Equity falls into.

Japan Securities Finance Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Japan Securities Finance Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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	+	3838445)	/	135727
	=	28.28

Japan Securities Finance Co'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	+	3560916)	/	141230
	=	25.21

Japan Securities Finance Co (TSE:8511) 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.

Japan Securities Finance Co Debt-to-Equity Related Terms

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Japan Securities Finance Co (TSE:8511) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Japan Securities Finance Co Ltd (TSE:8511) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

JSE:Germany

Address

1-2-10 Nihonbashi-Kayabacho, Chuo-ku, Tokyo, JPN, 103-0025

Website

http://www.jsf.co.jp

Japan Securities Finance Co Ltd operates in three business segments: Securities Finance, Trust Banking, and Real Estate Leasing. In the Securities Finance business, which makes up the vast majority of the company's total revenue, the company primarily provides loans for margin transactions where it earns revenue through fees and interest. The Securities Finance segment also earns fees through stock and bond lending and earns interest through bond financing and general loans. The Trust Banking business provides trust services, such as securities trust, and banking services, such as deposits and loans. The Real Estate Leasing business provides services for leasing and managing real estate. The company operates exclusively in Japan.

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