Autoserver Co (TSE:5589) Debt-to-Equity : 0.27 (As of Dec. 2023)

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What is Autoserver Co Debt-to-Equity?

Autoserver Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円2,900 Mil. Autoserver Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Autoserver Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円10,791 Mil. Autoserver Co's debt to equity for the quarter that ended in Dec. 2023 was 0.27.

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

TSE:5589' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 0.37 Max: 0.4
Current: 0.27

During the past 3 years, the highest Debt-to-Equity Ratio of Autoserver Co was 0.40. The lowest was 0.27. And the median was 0.37.

TSE:5589's Debt-to-Equity is ranked better than
66.92% of 1176 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs TSE:5589: 0.27

Autoserver Co Debt-to-Equity Historical Data

The historical data trend for Autoserver 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.

* Premium members only.

Autoserver Co Debt-to-Equity Chart

Autoserver Co Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.40

0.37

0.27

Autoserver Co Quarterly Data
	Dec21	Dec22	Jun23	Sep23	Dec23
Debt-to-Equity	0.40	0.37	0.35	0.31	0.27

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

For the Auto & Truck Dealerships subindustry, Autoserver 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.

Autoserver Co's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Autoserver Co's Debt-to-Equity distribution charts can be found below:

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

Autoserver Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Autoserver Co's Debt to Equity Ratio for the fiscal year 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
	=	(2900	+	0)	/	10791.344
	=	0.27

Autoserver Co'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
	=	(2900	+	0)	/	10791.344
	=	0.27

Autoserver Co (TSE:5589) 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.

Autoserver Co Debt-to-Equity Related Terms

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

Autoserver Co (TSE:5589) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Autoserver Co Ltd (TSE:5589) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-8-8 Harumi, Triton Square Office Tower W Building 14th floor, Chuo-ku, Tokyo, JPN, 104-0053

Website

https://www.autoserver.co.jp

Autoserver Co Ltd is engaged in used car auction agency service and brokerage service for used car dealers on the website. The used car distribution platform ASNET operated by the company is a used car distribution web service that can be used by used car dealers and automobile-related businesses with no membership fee or monthly membership fee.

Autoserver Co (TSE:5589) Headlines

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