J Trust Co (TSE:8508) Debt-to-Equity : 0.40 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is J Trust Co Debt-to-Equity?

J Trust Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円0 Mil. J Trust Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円60,759 Mil. J Trust Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円153,400 Mil. J Trust Co's debt to equity for the quarter that ended in Mar. 2024 was 0.40.

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

TSE:8508' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 0.67 Max: 2.46
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of J Trust Co was 2.46. The lowest was 0.27. And the median was 0.67.

TSE:8508's Debt-to-Equity is ranked worse than
77.7% of 296 companies
in the Diversified Financial Services industry
Industry Median: 0.13 vs TSE:8508: 0.40

J Trust Co Debt-to-Equity Historical Data

The historical data trend for J Trust 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.

J Trust Co Debt-to-Equity Chart

J Trust Co Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

0.55

0.83

0.74

0.28

0.34

J Trust 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															0.35	0.34	0.34	0.41	0.40

Competitive Comparison of J Trust Co's Debt-to-Equity

For the Financial Conglomerates subindustry, J Trust 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.

J Trust Co's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, J Trust Co's Debt-to-Equity distribution charts can be found below:

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

J Trust Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

J Trust Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	39749)	/	117268
	=	0.34

J Trust Co's Debt to Equity Ratio for the quarter 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	+	60759)	/	153400
	=	0.40

J Trust Co (TSE:8508) 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.

J Trust Co Debt-to-Equity Related Terms

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

J Trust Co (TSE:8508) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » J Trust Co Ltd (TSE:8508) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Toranomon First Garden 1-7-12 Toranomon, Minato-Ku, Tokyo, JPN, 105-0001

Website

http://www.jt-corp.co.jp

J Trust Co Ltd is a Japan-based company that operates financial and nonfinancial businesses via several subsidiaries. The company's financial business includes a domestic financial business, which consists of credit guarantee, credit and consumer credit, collection of accounts receivable, and other financial services; a financial business in South Korea, which contains a savings bank business, capital business, and a collection of accounts receivable; and a financial business in Southeast Asia, which contains a banking business and a collection of accounts receivable. It's nonfinancial business includes a general entertainment business, a real estate business, an investment business, and other business. It generates around two thirds of its total revenue from its financial businesses.

J Trust Co (TSE:8508) Headlines

No Headlines