Applepark Co (TSE:164A) Debt-to-Equity : 3.28 (As of Sep. 2023)

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What is Applepark Co Debt-to-Equity?

Applepark Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was 円798 Mil. Applepark Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was 円1,653 Mil. Applepark Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was 円747 Mil. Applepark Co's debt to equity for the quarter that ended in Sep. 2023 was 3.28.

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

TSE:164A' s Debt-to-Equity Range Over the Past 10 Years
Min: 3.28 Med: 3.63 Max: 5.96
Current: 3.28

During the past 2 years, the highest Debt-to-Equity Ratio of Applepark Co was 5.96. The lowest was 3.28. And the median was 3.63.

TSE:164A's Debt-to-Equity is ranked worse than
95.98% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs TSE:164A: 3.28

Applepark Co Debt-to-Equity Historical Data

The historical data trend for Applepark 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.

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Applepark Co Debt-to-Equity Chart

Applepark Co Annual Data

Trend

Mar22

Mar23

Debt-to-Equity

5.96

3.63

Applepark Co Quarterly Data
	Mar22	Mar23	Sep23
Debt-to-Equity	5.96	3.63	3.28

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

For the Infrastructure Operations subindustry, Applepark 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.

Applepark Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Applepark Co's Debt-to-Equity distribution charts can be found below:

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

Applepark Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Applepark 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
	=	(686.474	+	1295.107)	/	546.238
	=	3.63

Applepark Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(798.179	+	1652.724)	/	747.081
	=	3.28

Applepark Co (TSE:164A) 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.

Applepark Co Debt-to-Equity Related Terms

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Applepark Co (TSE:164A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Applepark Co Ltd (TSE:164A) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-52-10 Akabane, Kita-ku, Tokyo, JPN, 115-0045

Website

https://www.applepark.jp

Applepark Co Ltd is engaged in operation and management of car and bicycle parking lots.

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