PAL Group Holdings Co (TSE:2726) Debt-to-Equity : 0.19 (As of Nov. 2023)

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What is PAL Group Holdings Co Debt-to-Equity?

PAL Group Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円250 Mil. PAL Group Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円10,962 Mil. PAL Group Holdings Co's Total Stockholders Equity for the quarter that ended in Nov. 2023 was 円60,759 Mil. PAL Group Holdings Co's debt to equity for the quarter that ended in Nov. 2023 was 0.18.

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

TSE:2726' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.36 Max: 0.65
Current: 0.19

During the past 13 years, the highest Debt-to-Equity Ratio of PAL Group Holdings Co was 0.65. The lowest was 0.19. And the median was 0.36.

TSE:2726's Debt-to-Equity is ranked better than
77.15% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs TSE:2726: 0.19

PAL Group Holdings Co Debt-to-Equity Historical Data

The historical data trend for PAL Group Holdings 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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PAL Group Holdings Co Debt-to-Equity Chart

PAL Group Holdings Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-Equity

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0.34

0.65

0.26

0.23

0.19

PAL Group Holdings Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.23	0.20	0.20	0.19	0.19

Competitive Comparison of PAL Group Holdings Co's Debt-to-Equity

For the Apparel Retail subindustry, PAL Group Holdings 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.

PAL Group Holdings Co's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PAL Group Holdings Co's Debt-to-Equity distribution charts can be found below:

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

PAL Group Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PAL Group Holdings Co's Debt to Equity Ratio for the fiscal year that ended in Feb. 2024 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
	=	(250	+	12060)	/	63444
	=	0.19

PAL Group Holdings Co's Debt to Equity Ratio for the quarter that ended in Nov. 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
	=	(250	+	10962)	/	60759
	=	0.18

PAL Group Holdings Co (TSE:2726) 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.

PAL Group Holdings Co Debt-to-Equity Related Terms

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PAL Group Holdings Co (TSE:2726) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » PAL Group Holdings Co Ltd (TSE:2726) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-6-1, Doshumachi, 10th floor, Keihanshin Midosuji Building, Chuo-ku, Osaka, JPN, 541-0041

Website

http://www.palgroup.co.jp

PAL Group Holdings Co Ltd is a holding company with subsidiaries that are manufacturers and retailers of women's clothing, men's clothing, and miscellaneous goods. The company's stores operate under dozens of brands, including Asoko, Beardsley, Capricieux Lemage, Chez toi, Ciaopanic, Colle, Discoat, Daily Russet, Dou Dou, CPCM, Lattice, Kastane, Mystic, 3 Coins, Who's Who, Goocy, Live Tart, Prose Verse, Loungedress, Omekashi, and Recette. PAL Group's brands have stores located in Japan and offer on-line ordering.

PAL Group Holdings Co (TSE:2726) Headlines

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