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Data Horizon Co (TSE:3628) Debt-to-Equity : 1.21 (As of Mar. 2024)


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What is Data Horizon Co Debt-to-Equity?

Data Horizon Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円3,930 Mil. Data Horizon Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円310 Mil. Data Horizon Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円3,496 Mil. Data Horizon Co's debt to equity for the quarter that ended in Mar. 2024 was 1.21.

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

TSE:3628' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.33   Max: 1.22
Current: 1.21

During the past 13 years, the highest Debt-to-Equity Ratio of Data Horizon Co was 1.22. The lowest was 0.00. And the median was 0.33.

TSE:3628's Debt-to-Equity is ranked worse than
76.23% of 547 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs TSE:3628: 1.21

Data Horizon Co Debt-to-Equity Historical Data

The historical data trend for Data Horizon 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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Data Horizon Co Debt-to-Equity Chart

Data Horizon Co Annual Data
Trend Mar14 Mar15 Mar16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.01 - 0.32 0.37

Data Horizon Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.71 0.37 0.62 1.04 1.21

Competitive Comparison of Data Horizon Co's Debt-to-Equity

For the Health Information Services subindustry, Data Horizon 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.


Data Horizon Co's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Data Horizon Co's Debt-to-Equity distribution charts can be found below:

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



Data Horizon Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Data Horizon Co's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Data Horizon Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Data Horizon Co  (TSE:3628) 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.


Data Horizon Co Debt-to-Equity Related Terms

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Data Horizon Co (TSE:3628) Business Description

Traded in Other Exchanges
N/A
Address
Kusatsushin No. 35 No. 21 1-chome, Mikushisubiru, Nishi-ku, Hiroshima, JPN, 733-0834
Data Horizon Co Ltd is engaged in development and provision of medical information services, data health related services, generic drug notification services, and health business support system.

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