MBK Co (TSE:3121) Debt-to-Equity : 3.30 (As of Jan. 2024)

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What is MBK Co Debt-to-Equity?

MBK Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円487 Mil. MBK Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円12,371 Mil. MBK Co's Total Stockholders Equity for the quarter that ended in Jan. 2024 was 円3,902 Mil. MBK Co's debt to equity for the quarter that ended in Jan. 2024 was 3.30.

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

TSE:3121' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41 Med: 1.57 Max: 3.3
Current: 3.3

During the past 13 years, the highest Debt-to-Equity Ratio of MBK Co was 3.30. The lowest was 0.41. And the median was 1.57.

TSE:3121's Debt-to-Equity is ranked worse than
97.84% of 1017 companies
in the Asset Management industry
Industry Median: 0.19 vs TSE:3121: 3.30

MBK Co Debt-to-Equity Historical Data

The historical data trend for MBK 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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MBK Co Debt-to-Equity Chart

MBK Co Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Debt-to-Equity

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1.96

2.07

2.00

1.97

1.57

MBK Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															1.54	1.36	1.50	2.31	3.30

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

For the Asset Management subindustry, MBK 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.

MBK Co's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MBK Co's Debt-to-Equity distribution charts can be found below:

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

MBK Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MBK Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2022 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
	=	(753.983	+	5732.293)	/	4127.291
	=	1.57

MBK Co's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(486.649	+	12371.155)	/	3901.622
	=	3.30

MBK Co (TSE:3121) 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.

MBK Co Debt-to-Equity Related Terms

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MBK Co (TSE:3121) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MBK Co Ltd (TSE:3121) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7-1 Yurakucho, Yurakucho Denki Building (North), 7th Floor, Chiyoda-ku, Tokyo, JPN, 100-0006

Website

http://www.mbkworld.co.jp

MBK Co Ltd provides investment advice to business and domestic companies to invest in real estate, fund management and advisory services, and operates hotels and sports facilities. The company's division includes Merchant Banking, and Hospitality and Wellness.

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