Japan Airlines Co (TSE:9201) Debt-to-Equity : 0.98 (As of Mar. 2024)

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What is Japan Airlines Co Debt-to-Equity?

Japan Airlines Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円106,935 Mil. Japan Airlines Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円780,358 Mil. Japan Airlines Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円909,947 Mil. Japan Airlines Co's debt to equity for the quarter that ended in Mar. 2024 was 0.98.

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

TSE:9201' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.24 Max: 1.16
Current: 0.98

During the past 13 years, the highest Debt-to-Equity Ratio of Japan Airlines Co was 1.16. The lowest was 0.11. And the median was 0.24.

TSE:9201's Debt-to-Equity is ranked worse than
68.86% of 880 companies
in the Transportation industry
Industry Median: 0.55 vs TSE:9201: 0.98

Japan Airlines Co Debt-to-Equity Historical Data

The historical data trend for Japan Airlines 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 Airlines Co Debt-to-Equity Chart

Japan Airlines Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.27

0.54

1.16

1.13

0.98

Japan Airlines Co 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															1.13	1.11	1.04	1.02	0.98

Competitive Comparison of Japan Airlines Co's Debt-to-Equity

For the Airlines subindustry, Japan Airlines 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 Airlines Co's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Japan Airlines Co's Debt-to-Equity distribution charts can be found below:

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

Japan Airlines Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Japan Airlines Co'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
	=	(106935	+	780358)	/	909947
	=	0.98

Japan Airlines Co's Debt to Equity Ratio for the quarter 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
	=	(106935	+	780358)	/	909947
	=	0.98

Japan Airlines Co (TSE:9201) 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 Airlines Co Debt-to-Equity Related Terms

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Japan Airlines Co (TSE:9201) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Japan Airlines Co Ltd (TSE:9201) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

JAPSY:USA JAL:Germany

Address

Nomura Real Estate Building, 2-4-11 Higashi-Shinagawa, Shinagawa-ku, Tokyo, JPN, 140-8637

Website

http://www.jal.com

Japan Airlines is an international air transport services company. It offers scheduled and nonscheduled air transport services and aerial work services. The company operates large aircraft, medium-size aircraft, small aircraft, and regional jets. JAL's route network comprises over 100 domestic routes and over 50 international routes. The airline flies to over 50 countries and regions and connects over 300 airports.

Japan Airlines Co (TSE:9201) Headlines

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