Acom Co (Acom Co) Debt-to-Equity : 1.07 (As of Dec. 2023)

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What is Acom Co Debt-to-Equity?

Acom Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,729 Mil. Acom Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,839 Mil. Acom Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4,257 Mil. Acom Co's debt to equity for the quarter that ended in Dec. 2023 was 1.07.

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

ACJJF' s Debt-to-Equity Range Over the Past 10 Years
Min: 1 Med: 1.85 Max: 2.83
Current: 1.07

During the past 13 years, the highest Debt-to-Equity Ratio of Acom Co was 2.83. The lowest was 1.00. And the median was 1.85.

ACJJF's Debt-to-Equity is ranked better than
52.31% of 432 companies
in the Credit Services industry
Industry Median: 1.18 vs ACJJF: 1.07

Acom Co Debt-to-Equity Historical Data

The historical data trend for Acom 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.

Acom Co Debt-to-Equity Chart

Acom Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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2.04

1.72

1.26

1.07

1.00

Acom 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															1.03	1.00	1.02	1.03	1.07

Competitive Comparison of Acom Co's Debt-to-Equity

For the Credit Services subindustry, Acom 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.

Acom Co's Debt-to-Equity Distribution in the Credit Services Industry

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

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

Acom Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Acom Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(1426.14	+	2921.812)	/	4347.354
	=	1.00

Acom 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
	=	(1728.819	+	2838.677)	/	4257.366
	=	1.07

Acom Co (OTCPK:ACJJF) 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.

Acom Co Debt-to-Equity Related Terms

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Acom Co (Acom Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Acom Co Ltd (OTCPK:ACJJF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

8572:Japan

Address

1-1, Marunouchi 2-chome, Chiyoda-ku, Meiji Yasuda Seimei Building, Tokyo, JPN, 100-8307

Website

https://www.acom.co.jp

Acom Co Ltd is a Japanese consumer finance company. Its four core business categories are loan and credit, guarantee services, loan servicing, and overseas financials. Its loan and credit business offers credit cards and unsecured loans. The guarantee segment provides credit guarantee services, including loan portfolios and marketing analyses. The firm also offers loan administrative services in its loan servicing segment. Acom's overseas businesses are mostly in the retail finance sector in Thailand and Indonesia. In addition to ATMs, Acom's distribution relies on multifaceted sales channels, including a call center, Internet services, and mobile phones. The company earns its revenue from its loan and credit card business in Japan.