Yutaka Trusty Securities Co (TSE:8747) Debt-to-Equity : 0.06 (As of Dec. 2023)

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What is Yutaka Trusty Securities Co Debt-to-Equity?

Yutaka Trusty Securities Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円700 Mil. Yutaka Trusty Securities Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Yutaka Trusty Securities Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円11,888 Mil. Yutaka Trusty Securities Co's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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

TSE:8747' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.11 Max: 0.2
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Yutaka Trusty Securities Co was 0.20. The lowest was 0.06. And the median was 0.11.

TSE:8747's Debt-to-Equity is ranked better than
77.32% of 604 companies
in the Capital Markets industry
Industry Median: 0.35 vs TSE:8747: 0.06

Yutaka Trusty Securities Co Debt-to-Equity Historical Data

The historical data trend for Yutaka Trusty Securities 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.

Yutaka Trusty Securities Co Debt-to-Equity Chart

Yutaka Trusty Securities Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.19

0.16

0.12

0.14

0.06

Yutaka Trusty Securities 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															0.14	0.06	0.06	0.06	0.06

Competitive Comparison of Yutaka Trusty Securities Co's Debt-to-Equity

For the Capital Markets subindustry, Yutaka Trusty Securities 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.

Yutaka Trusty Securities Co's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Yutaka Trusty Securities Co's Debt-to-Equity distribution charts can be found below:

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

Yutaka Trusty Securities Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yutaka Trusty Securities 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
	=	(700	+	0)	/	10857.607
	=	0.06

Yutaka Trusty Securities 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
	=	(700	+	0)	/	11888.331
	=	0.06

Yutaka Trusty Securities Co (TSE:8747) 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.

Yutaka Trusty Securities Co Debt-to-Equity Related Terms

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

Yutaka Trusty Securities Co (TSE:8747) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Yutaka Trusty Securities Co Ltd (TSE:8747) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-16-12 Nihonbashi Kakigaracho, Yutaka Building, Chuo-ku, Tokyo, JPN, 103-0014

Website

http://www.yutaka-trusty.co.jp

Yutaka Trusty Securities Co Ltd is engaged in commodity futures trading business. It provides financial commodity trading business including securities brokerage and gold bullion sales. Its products include Click 365, Click Stock 365, Safety Number and Platinum Club.

Yutaka Trusty Securities Co (TSE:8747) Headlines

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