Rakuten Bank (TSE:5838) Debt-to-Asset : 0.19 (As of Dec. 2023)

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What is Rakuten Bank Debt-to-Asset?

Rakuten Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Rakuten Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円2,446,745 Mil. Rakuten Bank's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was 円13,173,078 Mil. Rakuten Bank's debt to asset for the quarter that ended in Dec. 2023 was 0.19.

Rakuten Bank Debt-to-Asset Historical Data

The historical data trend for Rakuten Bank's Debt-to-Asset 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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Rakuten Bank Debt-to-Asset Chart

Rakuten Bank Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

0.10

0.17

0.20

0.19

Rakuten Bank Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial			0.20	0.19	0.19	0.19	0.19

Competitive Comparison of Rakuten Bank's Debt-to-Asset

For the Banks - Regional subindustry, Rakuten Bank's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Rakuten Bank's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Rakuten Bank's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Rakuten Bank's Debt-to-Asset falls into.

Rakuten Bank Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Rakuten Bank's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	2580182)	/	13480473
	=	0.19

Rakuten Bank's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	2446745)	/	13173078
	=	0.19

Rakuten Bank (TSE:5838) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Rakuten Bank Debt-to-Asset Related Terms

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Rakuten Bank (TSE:5838) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Rakuten Bank Ltd (TSE:5838) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-16-5 Konan Minato-ku, NBF Shinagawa Tower, Tokyo, JPN, 108-0075

Website

https://www.rakuten-bank.co.jp

Rakuten Bank Ltd is engaged in the banking business through electronic medium.

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