WingArc1st (TSE:4432) Debt-to-Equity : 0.25 (As of Feb. 2024)

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What is WingArc1st Debt-to-Equity?

WingArc1st's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円1,427 Mil. WingArc1st's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円8,516 Mil. WingArc1st's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円39,074 Mil. WingArc1st's debt to equity for the quarter that ended in Feb. 2024 was 0.25.

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 WingArc1st's Debt-to-Equity or its related term are showing as below:

TSE:4432' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.63 Max: 1.45
Current: 0.25

During the past 7 years, the highest Debt-to-Equity Ratio of WingArc1st was 1.45. The lowest was 0.25. And the median was 0.63.

TSE:4432's Debt-to-Equity is ranked worse than
53.79% of 2216 companies
in the Software industry
Industry Median: 0.21 vs TSE:4432: 0.25

WingArc1st Debt-to-Equity Historical Data

The historical data trend for WingArc1st'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.

* Premium members only.

WingArc1st Debt-to-Equity Chart

WingArc1st Annual Data

Trend

Feb17

Feb18

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-Equity

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0.77

0.63

0.47

0.35

0.25

WingArc1st Quarterly Data
	Nov17	Feb18	Nov18	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															0.35	0.34	0.30	0.29	0.25

Competitive Comparison of WingArc1st's Debt-to-Equity

For the Software - Application subindustry, WingArc1st'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.

WingArc1st's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, WingArc1st's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where WingArc1st's Debt-to-Equity falls into.

WingArc1st Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

WingArc1st'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
	=	(1426.936	+	8515.758)	/	39074.456
	=	0.25

WingArc1st's Debt to Equity Ratio for the quarter 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
	=	(1426.936	+	8515.758)	/	39074.456
	=	0.25

WingArc1st (TSE:4432) 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.

WingArc1st Debt-to-Equity Related Terms

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WingArc1st (TSE:4432) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WingArc1st Inc (TSE:4432) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Roppongi Grand Tower, 3-2-1, Roppongi, Minato-ku, Tokyo, JPN, 106-6235

Website

http://www.wingarc.com

WingArc1st Inc offers software and services that enable customers to effectively use and obtain strategic insights from their data. The company's core products are SVF (Enterprise Output Management), Dr.Sum/ MotionBoard (Business Intelligence) and VyNDEX (CRM).

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