NEC Capital Solutions (TSE:8793) Debt-to-Equity : 7.57 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is NEC Capital Solutions Debt-to-Equity?

NEC Capital Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円382,410 Mil. NEC Capital Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円461,917 Mil. NEC Capital Solutions's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円111,608 Mil. NEC Capital Solutions's debt to equity for the quarter that ended in Dec. 2023 was 7.57.

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 NEC Capital Solutions's Debt-to-Equity or its related term are showing as below:

TSE:8793' s Debt-to-Equity Range Over the Past 10 Years
Min: 7.26 Med: 8.31 Max: 9.14
Current: 7.57

During the past 13 years, the highest Debt-to-Equity Ratio of NEC Capital Solutions was 9.14. The lowest was 7.26. And the median was 8.31.

TSE:8793's Debt-to-Equity is ranked worse than
97.85% of 929 companies
in the Business Services industry
Industry Median: 0.37 vs TSE:8793: 7.57

NEC Capital Solutions Debt-to-Equity Historical Data

The historical data trend for NEC Capital Solutions'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.

NEC Capital Solutions Debt-to-Equity Chart

NEC Capital Solutions Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

8.19

8.98

9.14

8.10

7.81

NEC Capital Solutions 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															7.32	7.81	7.73	7.62	7.57

Competitive Comparison of NEC Capital Solutions's Debt-to-Equity

For the Rental & Leasing Services subindustry, NEC Capital Solutions'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.

NEC Capital Solutions's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, NEC Capital Solutions's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where NEC Capital Solutions's Debt-to-Equity falls into.

NEC Capital Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NEC Capital Solutions'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
	=	(439576	+	415786)	/	109488
	=	7.81

NEC Capital Solutions'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
	=	(382410	+	461917)	/	111608
	=	7.57

NEC Capital Solutions (TSE:8793) 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.

NEC Capital Solutions Debt-to-Equity Related Terms

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

NEC Capital Solutions (TSE:8793) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » NEC Capital Solutions Ltd (TSE:8793) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

29-11 Shiba 5-chome, Minato-ku, Tokyo, JPN

Website

http://www.necap.co.jp

NEC Capital Solutions Ltd is a Japan-based company engaged in the provision of financial services. It operates through four segments. The company's Leasing and installment segment are involved in the purchase and sale of processing equipment, communications equipment, office equipment, and industrial machinery. Its Finance segment consists of factoring and loans and other business. The RISA segment provides investment advice, fund business, and others. Its other business comprises of the sale of secondhand products, as well as the collection of transaction fees.

NEC Capital Solutions (TSE:8793) Headlines

No Headlines