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Hokkaido Chuo Bus Co (SSE:9085) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Hokkaido Chuo Bus Co Debt-to-Equity?

Hokkaido Chuo Bus Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Hokkaido Chuo Bus Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Hokkaido Chuo Bus Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円25,680 Mil. Hokkaido Chuo Bus Co's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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

SSE:9085' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.05
Current: 0.01

During the past 7 years, the highest Debt-to-Equity Ratio of Hokkaido Chuo Bus Co was 0.05. The lowest was 0.01. And the median was 0.03.

SSE:9085's Debt-to-Equity is ranked better than
99.86% of 695 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs SSE:9085: 0.01

Hokkaido Chuo Bus Co Debt-to-Equity Historical Data

The historical data trend for Hokkaido Chuo Bus 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.

Hokkaido Chuo Bus Co Debt-to-Equity Chart

Hokkaido Chuo Bus Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial 0.05 0.03 - - 0.01

Hokkaido Chuo Bus 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 - 0.01 - - -

Competitive Comparison of Hokkaido Chuo Bus Co's Debt-to-Equity

For the Travel Services subindustry, Hokkaido Chuo Bus 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.


Hokkaido Chuo Bus Co's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hokkaido Chuo Bus Co's Debt-to-Equity distribution charts can be found below:

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



Hokkaido Chuo Bus Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hokkaido Chuo Bus Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Hokkaido Chuo Bus 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.


Hokkaido Chuo Bus Co  (SSE:9085) 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.


Hokkaido Chuo Bus Co Debt-to-Equity Related Terms

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Hokkaido Chuo Bus Co (SSE:9085) Business Description

Traded in Other Exchanges
N/A
Address
1-8-6, Ironai, Otaru, JPN, 047-8601
Hokkaido Chuo Bus Co Ltd provides general passenger and business charter travel services in Japan. It offers intercity express bus, sightseeing bus tours, city bus, and charter bus services.

Hokkaido Chuo Bus Co (SSE:9085) Headlines

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