Aoyama Trading Co (TSE:8219) Debt-to-Equity : 0.60 (As of Dec. 2023)

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What is Aoyama Trading Co Debt-to-Equity?

Aoyama Trading Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円58,808 Mil. Aoyama Trading Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円42,817 Mil. Aoyama Trading Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円169,239 Mil. Aoyama Trading Co's debt to equity for the quarter that ended in Dec. 2023 was 0.60.

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

TSE:8219' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.41 Max: 0.75
Current: 0.6

During the past 13 years, the highest Debt-to-Equity Ratio of Aoyama Trading Co was 0.75. The lowest was 0.17. And the median was 0.41.

TSE:8219's Debt-to-Equity is ranked better than
51.9% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs TSE:8219: 0.60

Aoyama Trading Co Debt-to-Equity Historical Data

The historical data trend for Aoyama Trading 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.

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Aoyama Trading Co Debt-to-Equity Chart

Aoyama Trading Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.41

0.56

0.65

0.63

Aoyama Trading 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															0.64	0.63	0.60	0.60	0.60

Competitive Comparison of Aoyama Trading Co's Debt-to-Equity

For the Apparel Retail subindustry, Aoyama Trading 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.

Aoyama Trading Co's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Aoyama Trading Co's Debt-to-Equity distribution charts can be found below:

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

Aoyama Trading Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aoyama Trading 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
	=	(38219	+	67208)	/	166441
	=	0.63

Aoyama Trading 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
	=	(58808	+	42817)	/	169239
	=	0.60

Aoyama Trading Co (TSE:8219) 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.

Aoyama Trading Co Debt-to-Equity Related Terms

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Aoyama Trading Co (TSE:8219) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Aoyama Trading Co Ltd (TSE:8219) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-3-5 Ojimachi, Hiroshima Prefecture, Fukuyama, JPN, 721-8556

Website

http://www.aoyama-syouji.co.jp

Aoyama Trading Co Ltd is an apparel retailer specializing in business wear. Men's business wear accounts for roughly two thirds of the company's total sales, while women's business wear accounts for roughly 10%. Business wear stores include Yofuku-no-Aoyama, which is the company's primary brand and has nearly 800 locations; The Suit Company; and Next Blue. Other business segments include casual wear, with store brands including Universal Language and Calaja; credit cards; printing and media; and total repair service, which includes the company's Mister Minit stores, providing repair services such as shoe repair and key duplication. Aoyama's sales are primarily in Japan, but the firm has business throughout the Asia-Pacific region.

Aoyama Trading Co (TSE:8219) Headlines

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