Skymark Airlines (TSE:9204) Debt-to-Equity : 1.11 (As of Dec. 2023)

Skymark Airlines Debt-to-Equity Chart

Skymark Airlines Annual Data
	Trend	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar21	Mar22	Mar23	Mar24
Debt-to-Equity		Get a 7-Day Free Trial					0.34	2.98	3.86	1.33	1.12

Skymark Airlines Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.33	1.29	1.02	1.11	1.12

Competitive Comparison of Skymark Airlines's Debt-to-Equity

For the Airports & Air Services subindustry, Skymark Airlines'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.

Skymark Airlines's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Skymark Airlines's Debt-to-Equity distribution charts can be found below:

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

Skymark Airlines Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Skymark Airlines's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Skymark Airlines's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.

Skymark Airlines  (TSE:9204) 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.

Skymark Airlines Debt-to-Equity Related Terms

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Skymark Airlines (TSE:9204) Business Description