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GMO Financial Gate (TSE:4051) Debt-to-Equity : 0.39 (As of Mar. 2024)


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What is GMO Financial Gate Debt-to-Equity?

GMO Financial Gate's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円0 Mil. GMO Financial Gate's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円2,000 Mil. GMO Financial Gate's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円5,101 Mil. GMO Financial Gate's debt to equity for the quarter that ended in Mar. 2024 was 0.39.

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 GMO Financial Gate's Debt-to-Equity or its related term are showing as below:

TSE:4051' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.31   Max: 0.42
Current: 0.39

During the past 6 years, the highest Debt-to-Equity Ratio of GMO Financial Gate was 0.42. The lowest was 0.07. And the median was 0.31.

TSE:4051's Debt-to-Equity is ranked worse than
58.46% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs TSE:4051: 0.39

GMO Financial Gate Debt-to-Equity Historical Data

The historical data trend for GMO Financial Gate'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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GMO Financial Gate Debt-to-Equity Chart

GMO Financial Gate Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial - - - - 0.31

GMO Financial Gate Quarterly Data
Sep18 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 0.33 0.31 0.31 0.42 0.39

Competitive Comparison of GMO Financial Gate's Debt-to-Equity

For the Business Equipment & Supplies subindustry, GMO Financial Gate'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.


GMO Financial Gate's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GMO Financial Gate's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where GMO Financial Gate's Debt-to-Equity falls into.



GMO Financial Gate Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GMO Financial Gate's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

GMO Financial Gate'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.


GMO Financial Gate  (TSE:4051) 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.


GMO Financial Gate Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of GMO Financial Gate's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


GMO Financial Gate (TSE:4051) Business Description

Traded in Other Exchanges
N/A
Address
Humax Shibuya Building (reception 7th floor), 1-14-6 Dogenzaka, Shibuya-ku, Tokyo, JPN, 14150-0043
GMO Financial Gate Inc is engaged in providing cashless payment infrastructure such as credit cards, debit cards, and electronic money.

GMO Financial Gate (TSE:4051) Headlines

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