Mitsubishi HC Capital (TSE:8593) Debt-to-Equity : 4.80 (As of Dec. 2023)

View and export this data going back to 1985. Start your Free Trial

What is Mitsubishi HC Capital Debt-to-Equity?

Mitsubishi HC Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円2,865,321 Mil. Mitsubishi HC Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円5,066,292 Mil. Mitsubishi HC Capital's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円1,652,504 Mil. Mitsubishi HC Capital's debt to equity for the quarter that ended in Dec. 2023 was 4.80.

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 Mitsubishi HC Capital's Debt-to-Equity or its related term are showing as below:

TSE:8593' s Debt-to-Equity Range Over the Past 10 Years
Min: 4.7 Med: 5.87 Max: 6.38
Current: 4.7

During the past 13 years, the highest Debt-to-Equity Ratio of Mitsubishi HC Capital was 6.38. The lowest was 4.70. And the median was 5.87.

TSE:8593's Debt-to-Equity is ranked worse than
86.57% of 432 companies
in the Credit Services industry
Industry Median: 1.13 vs TSE:8593: 4.70

Mitsubishi HC Capital Debt-to-Equity Historical Data

The historical data trend for Mitsubishi HC Capital'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.

Mitsubishi HC Capital Debt-to-Equity Chart

Mitsubishi HC Capital Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

6.30

5.74

5.75

5.03

4.70

Mitsubishi HC Capital 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															5.03	5.03	4.86	4.80	4.70

Competitive Comparison of Mitsubishi HC Capital's Debt-to-Equity

For the Credit Services subindustry, Mitsubishi HC Capital'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.

Mitsubishi HC Capital's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mitsubishi HC Capital's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mitsubishi HC Capital's Debt-to-Equity falls into.

Mitsubishi HC Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mitsubishi HC Capital'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
	=	(2849392	+	5079717)	/	1687132
	=	4.70

Mitsubishi HC Capital'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
	=	(2865321	+	5066292)	/	1652504
	=	4.80

Mitsubishi HC Capital (TSE:8593) 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.

Mitsubishi HC Capital Debt-to-Equity Related Terms

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

Mitsubishi HC Capital (TSE:8593) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mitsubishi HC Capital Inc (TSE:8593) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

5B4:Germany

Address

5-1, Marunouchi 1-chome, Shin-Marunouchi Building, Chiyoda-ku, Tokyo, JPN, 100-6525

Website

https://www.mitsubishi-hc-capital.com

Mitsubishi HC Capital Inc is a provider of leases and rental solutions. It offers finance leases, operating leases, real estate leases, auto leases, carbon-neutral and green leases, personal computer rentals, measuring equipment rentals, machine tool rentals, as well as real estate-related finance, sales receivable factoring, medical fee factoring, installment sales, used machinery purchasing and sales, and insurance, among others.

Mitsubishi HC Capital (TSE:8593) Headlines

No Headlines