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Saint-Care Holding (TSE:2374) Debt-to-Equity : 0.35 (As of Dec. 2023)


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What is Saint-Care Holding Debt-to-Equity?

Saint-Care Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,213 Mil. Saint-Care Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円4,323 Mil. Saint-Care Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円15,848 Mil. Saint-Care Holding's debt to equity for the quarter that ended in Dec. 2023 was 0.35.

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 Saint-Care Holding's Debt-to-Equity or its related term are showing as below:

TSE:2374' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35   Med: 0.55   Max: 1.23
Current: 0.35

During the past 13 years, the highest Debt-to-Equity Ratio of Saint-Care Holding was 1.23. The lowest was 0.35. And the median was 0.55.

TSE:2374's Debt-to-Equity is ranked better than
57.14% of 553 companies
in the Healthcare Providers & Services industry
Industry Median: 0.47 vs TSE:2374: 0.35

Saint-Care Holding Debt-to-Equity Historical Data

The historical data trend for Saint-Care Holding'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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Saint-Care Holding Debt-to-Equity Chart

Saint-Care Holding 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 0.49 0.51 0.50 0.41 0.45

Saint-Care Holding 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 0.48 0.45 0.43 0.39 0.35

Competitive Comparison of Saint-Care Holding's Debt-to-Equity

For the Medical Care Facilities subindustry, Saint-Care Holding'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.


Saint-Care Holding's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Saint-Care Holding's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Saint-Care Holding's Debt-to-Equity falls into.



Saint-Care Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Saint-Care Holding's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Saint-Care Holding'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.


Saint-Care Holding  (TSE:2374) 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.


Saint-Care Holding Debt-to-Equity Related Terms

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Saint-Care Holding (TSE:2374) Business Description

Traded in Other Exchanges
N/A
Address
2-8-7 Kyobashi, Chuo-ku, Yomiu Building, 5th Floor, Tokyo, JPN, 104-0031
Saint-Care Holding Corp provides healthcare services including home help, visit bathing, elder-care taxi, home care support, home-visit nursing care, welfare equipment and rental equipment sales care, catering, group home and day care services.

Saint-Care Holding (TSE:2374) Headlines

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