GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Hikari Heights-Varus Co Ltd (SSE:2137) » Definitions » Debt-to-Equity

Hikari Heights-Varus Co (SSE:2137) Debt-to-Equity : 0.03 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Hikari Heights-Varus Co Debt-to-Equity?

Hikari Heights-Varus Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円102 Mil. Hikari Heights-Varus Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円7 Mil. Hikari Heights-Varus Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円3,673 Mil. Hikari Heights-Varus Co's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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

SSE:2137' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.03   Max: 0.26
Current: 0.03

During the past 11 years, the highest Debt-to-Equity Ratio of Hikari Heights-Varus Co was 0.26. The lowest was 0.02. And the median was 0.03.

SSE:2137's Debt-to-Equity is ranked better than
91.09% of 550 companies
in the Healthcare Providers & Services industry
Industry Median: 0.485 vs SSE:2137: 0.03

Hikari Heights-Varus Co Debt-to-Equity Historical Data

The historical data trend for Hikari Heights-Varus 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.

Hikari Heights-Varus Co Debt-to-Equity Chart

Hikari Heights-Varus Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.16 0.16 0.16 0.15

Hikari Heights-Varus 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.15 0.03 0.03 0.03

Competitive Comparison of Hikari Heights-Varus Co's Debt-to-Equity

For the Medical Care Facilities subindustry, Hikari Heights-Varus 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.


Hikari Heights-Varus Co's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Hikari Heights-Varus Co's Debt-to-Equity distribution charts can be found below:

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



Hikari Heights-Varus Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hikari Heights-Varus Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Hikari Heights-Varus Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Hikari Heights-Varus Co  (SSE:2137) 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.


Hikari Heights-Varus Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Hikari Heights-Varus Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Hikari Heights-Varus Co (SSE:2137) Business Description

Traded in Other Exchanges
N/A
Address
Southern 19th West 11th Street No. 1-15, Chuo-ku, Sapporo, JPN, 005-0013
Hikari Heights-Varus Co Ltd is a Japanese firm engaged in operating senior homes. It operates nursing homes for the elderly. The Company provides rooms for healthy elderly as well as ones requiring assisted living.

Hikari Heights-Varus Co (SSE:2137) Headlines

No Headlines