Ain Holdings (TSE:9627) Debt-to-Equity : 0.04 (As of Jan. 2024)

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What is Ain Holdings Debt-to-Equity?

Ain Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円3,183 Mil. Ain Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円2,366 Mil. Ain Holdings's Total Stockholders Equity for the quarter that ended in Jan. 2024 was 円133,205 Mil. Ain Holdings's debt to equity for the quarter that ended in Jan. 2024 was 0.04.

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

TSE:9627' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.13 Max: 0.55
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Ain Holdings was 0.55. The lowest was 0.04. And the median was 0.13.

TSE:9627's Debt-to-Equity is ranked better than
88.55% of 550 companies
in the Healthcare Providers & Services industry
Industry Median: 0.485 vs TSE:9627: 0.04

Ain Holdings Debt-to-Equity Historical Data

The historical data trend for Ain 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.

Ain Holdings Debt-to-Equity Chart

Ain Holdings Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

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0.12

0.06

0.10

0.07

Ain Holdings Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.08	0.07	0.06	0.05	0.04

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

For the Pharmaceutical Retailers subindustry, Ain 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.

Ain Holdings's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ain Holdings's Debt-to-Equity distribution charts can be found below:

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

Ain Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ain Holdings's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(3670	+	5053)	/	126448
	=	0.07

Ain Holdings's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(3183	+	2366)	/	133205
	=	0.04

Ain Holdings (TSE:9627) 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.

Ain Holdings Debt-to-Equity Related Terms

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Ain Holdings (TSE:9627) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ain Holdings Inc (TSE:9627) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

9627:Japan

Address

1-2-1 Higashi-Naebo-Gojo, Higashi-ku, Sapporo-shi, JPN, 007-8755

Website

http://www.ainj.co.jp

Ain Holdings Inc's core business is the dispensing pharmacy business that includes preparing and dispensing drugs based on prescriptions. The company also generates revenue by selling generic drugs wholesale, pharmacy staffing services, and pharmacy consulting services. The company's additional business activity includes both urban and suburban drug and cosmetic stores. Ain operates the ainz & tuple brand that specifically targets female consumers in urban areas. The company also executes small real estate rental strategies.

Ain Holdings (TSE:9627) Headlines

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