Daiichikosho Co (TSE:7458) Debt-to-Equity : 0.33 (As of Dec. 2023)

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What is Daiichikosho Co Debt-to-Equity?

Daiichikosho Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円13,154 Mil. Daiichikosho Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円21,096 Mil. Daiichikosho Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円105,509 Mil. Daiichikosho Co's debt to equity for the quarter that ended in Dec. 2023 was 0.32.

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

TSE:7458' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.33 Max: 0.5
Current: 0.33

During the past 13 years, the highest Debt-to-Equity Ratio of Daiichikosho Co was 0.50. The lowest was 0.10. And the median was 0.33.

TSE:7458's Debt-to-Equity is ranked better than
59.83% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs TSE:7458: 0.33

Daiichikosho Co Debt-to-Equity Historical Data

The historical data trend for Daiichikosho 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.

Daiichikosho Co Debt-to-Equity Chart

Daiichikosho Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.17

0.10

0.48

0.46

0.42

Daiichikosho Co 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															0.44	0.42	0.33	0.33	0.33

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

For the Leisure subindustry, Daiichikosho 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.

Daiichikosho Co's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

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

Daiichikosho Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Daiichikosho Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(13511	+	31135)	/	106740
	=	0.42

Daiichikosho 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
	=	(13154	+	21096)	/	105509
	=	0.32

Daiichikosho Co (TSE:7458) 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.

Daiichikosho Co Debt-to-Equity Related Terms

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Daiichikosho Co (TSE:7458) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Daiichikosho Co Ltd (TSE:7458) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-5-26 Kita-shinagawa, Shinagawa-ku, Tokyo, JPN, 141-8701

Website

http://www.dkkaraoke.co.jp

Daiichikosho Co Ltd is a Japanese electronics company engaged. It is engaged in the manufacturing, sale, and leasing of karaoke software and equipment. The company businesses include Professional karaoke business; Karaoke/restaurant business; Record label business; Elder business; Franchise business; Parking business; BGM broadcasting business; and Web business.

Daiichikosho Co (TSE:7458) Headlines

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