Universal Entertainment (TSE:6425) Debt-to-Equity : 0.45 (As of Dec. 2023)

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What is Universal Entertainment Debt-to-Equity?

Universal Entertainment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円118,277 Mil. Universal Entertainment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円56,650 Mil. Universal Entertainment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円388,388 Mil. Universal Entertainment's debt to equity for the quarter that ended in Dec. 2023 was 0.45.

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

TSE:6425' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.41 Max: 0.92
Current: 0.45

During the past 13 years, the highest Debt-to-Equity Ratio of Universal Entertainment was 0.92. The lowest was 0.10. And the median was 0.41.

TSE:6425's Debt-to-Equity is ranked better than
50.72% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs TSE:6425: 0.45

Universal Entertainment Debt-to-Equity Historical Data

The historical data trend for Universal Entertainment'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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Universal Entertainment Debt-to-Equity Chart

Universal Entertainment Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.39

0.44

0.51

0.50

0.45

Universal Entertainment 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															0.50	0.49	0.47	0.48	0.45

Competitive Comparison of Universal Entertainment's Debt-to-Equity

For the Leisure subindustry, Universal Entertainment'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.

Universal Entertainment's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Universal Entertainment's Debt-to-Equity distribution charts can be found below:

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

Universal Entertainment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Universal Entertainment'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
	=	(118277	+	56650)	/	388388
	=	0.45

Universal Entertainment'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
	=	(118277	+	56650)	/	388388
	=	0.45

Universal Entertainment (TSE:6425) 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.

Universal Entertainment Debt-to-Equity Related Terms

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

Universal Entertainment (TSE:6425) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Universal Entertainment Corp (TSE:6425) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

RUZ:Germany

Address

Ariake Frontier Building A, 3-7-26 Ariake Koto-ku, Tokyo, JPN, 135-0063

Website

http://www.universal-777.com

Universal Entertainment Corp is a Japanese manufacturer of gaming machines. The company's primary business, which constitutes the majority of consolidated revenue, is to manufacture and sell Pachislot and Pachinko gaming machines, and related parts and peripherals. Universal Entertainment also operates the Okada Manila casino resort in Manila Bay, Philippines. In addition to gaming operations, the company has businesses in media content, broadcasting, online games, and restaurants. The company derives the vast majority of income domestically.

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