Tokyo Tatemono Co (TSE:8804) Debt-to-Equity : 2.19 (As of Dec. 2023)

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What is Tokyo Tatemono Co Debt-to-Equity?

Tokyo Tatemono Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円116,754 Mil. Tokyo Tatemono Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円970,223 Mil. Tokyo Tatemono Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円496,898 Mil. Tokyo Tatemono Co's debt to equity for the quarter that ended in Dec. 2023 was 2.19.

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

TSE:8804' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.19 Med: 2.34 Max: 2.61
Current: 2.19

During the past 13 years, the highest Debt-to-Equity Ratio of Tokyo Tatemono Co was 2.61. The lowest was 2.19. And the median was 2.34.

TSE:8804's Debt-to-Equity is ranked worse than
85.47% of 1583 companies
in the Real Estate industry
Industry Median: 0.76 vs TSE:8804: 2.19

Tokyo Tatemono Co Debt-to-Equity Historical Data

The historical data trend for Tokyo Tatemono 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.

Tokyo Tatemono Co Debt-to-Equity Chart

Tokyo Tatemono Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.46

2.50

2.29

2.21

2.19

Tokyo Tatemono 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															2.21	2.16	2.14	2.24	2.19

Competitive Comparison of Tokyo Tatemono Co's Debt-to-Equity

For the Real Estate Services subindustry, Tokyo Tatemono 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.

Tokyo Tatemono Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tokyo Tatemono Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tokyo Tatemono Co's Debt-to-Equity falls into.

Tokyo Tatemono Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tokyo Tatemono Co's Debt to Equity Ratio for the fiscal year 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
	=	(116754	+	970223)	/	496898
	=	2.19

Tokyo Tatemono 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
	=	(116754	+	970223)	/	496898
	=	2.19

Tokyo Tatemono Co (TSE:8804) 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 Tatemono Co Debt-to-Equity Related Terms

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Tokyo Tatemono Co (TSE:8804) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tokyo Tatemono Co Ltd (TSE:8804) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

T6R:Germany

Address

9-9, Yaesu 1-chome, Chuo-ku, Tokyo, JPN, 103-8285

Website

http://www.tatemono.com

Tokyo Tatemono Co Ltd is operative in Japan's real estate sector through its associates. Its interest lies in residential and commercial property development and provision of real estate related solutions such as brokerage, leasing and handling real estate applications. The company relies on its two core business lines which are, residential and commercial property sales. Tokyo Tatemono's residential portfolio is comprised of the Brillia brand of properties that are offered for sale or on a rental basis. Its commercial properties are located in prime areas of cosmopolitan Japan.

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