Nippon Ichi Software (TSE:3851) Debt-to-Equity : 0.14 (As of Dec. 2023)

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What is Nippon Ichi Software Debt-to-Equity?

Nippon Ichi Software's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円208 Mil. Nippon Ichi Software's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円887 Mil. Nippon Ichi Software's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円7,663 Mil. Nippon Ichi Software's debt to equity for the quarter that ended in Dec. 2023 was 0.14.

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 Nippon Ichi Software's Debt-to-Equity or its related term are showing as below:

TSE:3851' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.14 Max: 0.29
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of Nippon Ichi Software was 0.29. The lowest was 0.01. And the median was 0.14.

TSE:3851's Debt-to-Equity is ranked better than
52.49% of 421 companies
in the Interactive Media industry
Industry Median: 0.16 vs TSE:3851: 0.14

Nippon Ichi Software Debt-to-Equity Historical Data

The historical data trend for Nippon Ichi Software'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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Nippon Ichi Software Debt-to-Equity Chart

Nippon Ichi Software Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.20

0.12

0.08

0.13

0.15

Nippon Ichi Software 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															0.15	0.15	0.14	0.16	0.14

Competitive Comparison of Nippon Ichi Software's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, Nippon Ichi Software'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.

Nippon Ichi Software's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nippon Ichi Software's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nippon Ichi Software's Debt-to-Equity falls into.

Nippon Ichi Software Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nippon Ichi Software'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
	=	(401.99	+	658.586)	/	6948.571
	=	0.15

Nippon Ichi Software's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(208.181	+	887.188)	/	7662.555
	=	0.14

Nippon Ichi Software (TSE:3851) 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.

Nippon Ichi Software Debt-to-Equity Related Terms

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Nippon Ichi Software (TSE:3851) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Nippon Ichi Software Inc (TSE:3851) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Kanamihara shi Suahara Tsukioka 3-Chome 17, Gifu prefecture, Gifu, JPN

Website

http://www.nippon1.co.jp

Nippon Ichi Software Inc is engaged in developing, manufacturing, and selling computer software in Japan and other Asian countries, North America, and Europe. It develops software for consumer game machines, mobile game machines, mobile phones, smartphones, arcades, Web and produces content of various genres.

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