IwaiCosmo Holdings (TSE:8707) Debt-to-Equity : 0.40 (As of Dec. 2023)

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What is IwaiCosmo Holdings Debt-to-Equity?

IwaiCosmo Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円20,987 Mil. IwaiCosmo Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円4,000 Mil. IwaiCosmo Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円61,962 Mil. IwaiCosmo Holdings's debt to equity for the quarter that ended in Dec. 2023 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 IwaiCosmo Holdings's Debt-to-Equity or its related term are showing as below:

TSE:8707' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.46 Med: 0.72 Max: 1.53
Current: 0.46

During the past 13 years, the highest Debt-to-Equity Ratio of IwaiCosmo Holdings was 1.53. The lowest was 0.46. And the median was 0.72.

TSE:8707's Debt-to-Equity is ranked worse than
54.34% of 611 companies
in the Capital Markets industry
Industry Median: 0.37 vs TSE:8707: 0.46

IwaiCosmo Holdings Debt-to-Equity Historical Data

The historical data trend for IwaiCosmo Holdings'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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IwaiCosmo Holdings Debt-to-Equity Chart

IwaiCosmo Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.49

0.54

0.51

0.58

0.46

IwaiCosmo Holdings 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															0.58	0.52	0.57	0.40	0.46

Competitive Comparison of IwaiCosmo Holdings's Debt-to-Equity

For the Capital Markets subindustry, IwaiCosmo Holdings'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.

IwaiCosmo Holdings's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, IwaiCosmo Holdings's Debt-to-Equity distribution charts can be found below:

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

IwaiCosmo Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IwaiCosmo Holdings'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
	=	(26403	+	4000)	/	66345
	=	0.46

IwaiCosmo Holdings'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
	=	(20987	+	4000)	/	61962
	=	0.40

IwaiCosmo Holdings (TSE:8707) 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.

IwaiCosmo Holdings Debt-to-Equity Related Terms

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

IwaiCosmo Holdings (TSE:8707) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » IwaiCosmo Holdings Inc (TSE:8707) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8-12 Kitahama 1-Chome, Osaka Securities Exchange, building Chuo-ku, Osaka, JPN, 5410041

Website

http://www.iwaicosmo-hd.jp

IwaiCosmo Holdings Inc is a Japan-based company engaged in the operation of financial instrument business. The company is also involved in purchasing, selling and underwriting of securities, and other related services.

IwaiCosmo Holdings (TSE:8707) Headlines

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