Anicom Holdings (TSE:8715) Debt-to-Equity : 0.17 (As of Dec. 2023)

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What is Anicom Holdings Debt-to-Equity?

Anicom Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Anicom Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円5,000 Mil. Anicom Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円28,968 Mil. Anicom Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.17.

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 Anicom Holdings's Debt-to-Equity or its related term are showing as below:

TSE:8715' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.18 Max: 0.2
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Anicom Holdings was 0.20. The lowest was 0.17. And the median was 0.18.

TSE:8715's Debt-to-Equity is ranked better than
58.59% of 384 companies
in the Insurance industry
Industry Median: 0.24 vs TSE:8715: 0.17

Anicom Holdings Debt-to-Equity Historical Data

The historical data trend for Anicom 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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Anicom Holdings Debt-to-Equity Chart

Anicom Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.19

0.18

Anicom Holdings 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															0.18	0.18	0.17	0.18	0.17

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

For the Insurance - Property & Casualty subindustry, Anicom 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.

Anicom Holdings's Debt-to-Equity Distribution in the Insurance Industry

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

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

Anicom Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Anicom Holdings'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
	=	(0	+	5000)	/	28184
	=	0.18

Anicom 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
	=	(0	+	5000)	/	28968
	=	0.17

Anicom Holdings (TSE:8715) 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.

Anicom Holdings Debt-to-Equity Related Terms

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Anicom Holdings (TSE:8715) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Anicom Holdings Inc (TSE:8715) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2nd Floor Arimino Buillding, 1-5-22 Shimoochiai, Shinjuku-ku, Tokyo, JPN, 161-0033

Website

http://www.anicom.co.jp

Anicom Holdings Inc is a Japanese company engaged in the operation and management of its subsidiaries and its ancillary businesses. The business segments of the company are, Property and casualty insurance, Veterinary hospital support, and Others segments. Through the Property and casualty insurance segment, the company offers insurance underwriting and asset management services for pet insurance. The Veterinary hospital support segment related to the development, selling, and supporting medical record management. The Others segment includes insurance, advance medical care for small animals, and research projects.

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