ZENKOKU HOSHO Co (TSE:7164) Debt-to-Equity : 0.14 (As of Dec. 2023)

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What is ZENKOKU HOSHO Co Debt-to-Equity?

ZENKOKU HOSHO Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. ZENKOKU HOSHO Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円30,000 Mil. ZENKOKU HOSHO Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円213,814 Mil. ZENKOKU HOSHO Co'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 ZENKOKU HOSHO Co's Debt-to-Equity or its related term are showing as below:

TSE:7164' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.16 Max: 0.21
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of ZENKOKU HOSHO Co was 0.21. The lowest was 0.13. And the median was 0.16.

TSE:7164's Debt-to-Equity is ranked better than
84.06% of 433 companies
in the Credit Services industry
Industry Median: 1.18 vs TSE:7164: 0.13

ZENKOKU HOSHO Co Debt-to-Equity Historical Data

The historical data trend for ZENKOKU HOSHO 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.

ZENKOKU HOSHO Co Debt-to-Equity Chart

ZENKOKU HOSHO Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.21

0.18

0.16

0.15

0.13

ZENKOKU HOSHO Co Quarterly Data
	Jun19	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															0.15	0.15	0.14	0.14	0.13

Competitive Comparison of ZENKOKU HOSHO Co's Debt-to-Equity

For the Credit Services subindustry, ZENKOKU HOSHO 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.

ZENKOKU HOSHO Co's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, ZENKOKU HOSHO Co's Debt-to-Equity distribution charts can be found below:

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

ZENKOKU HOSHO Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ZENKOKU HOSHO Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0	+	30000)	/	225081
	=	0.13

ZENKOKU HOSHO 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
	=	(0	+	30000)	/	213814
	=	0.14

ZENKOKU HOSHO Co (TSE:7164) 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.

ZENKOKU HOSHO Co Debt-to-Equity Related Terms

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ZENKOKU HOSHO Co (TSE:7164) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » ZENKOKU HOSHO Co Ltd (TSE:7164) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ZNKKY:USA ZKH:Germany

Address

2-1-1 Otemachi, Chiyoda-ku, Otemachi Nomura Building, 24th Floor, Tokyo, JPN, 100-0004

Website

http://www.zenkoku.co.jp

ZENKOKU HOSHO Co Ltd primarily operates a credit guarantee business. The company's current strategy emphasizes its core housing loan guarantee business by expanding its scale through strategic alliances and streamlining of operations. Its housing loan guarantee products include housing acquisition funds, refinancing funds, and renovation funds, among others. Zenkoku Hosho also provides education loan guarantees products, which deal with term loans and overdrafts. Its apartment loan guarantee products guarantee the borrowings of construction costs for rental housing. The company also is seeking to diversify into other synergistic lines of business through mergers and acquisitions.

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