Optimus Group Co (TSE:9268) Debt-to-Equity : 4.59 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Optimus Group Co Debt-to-Equity?

Optimus Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円82,749 Mil. Optimus Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円5,702 Mil. Optimus Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円19,278 Mil. Optimus Group Co's debt to equity for the quarter that ended in Dec. 2023 was 4.59.

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 Optimus Group Co's Debt-to-Equity or its related term are showing as below:

TSE:9268' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.85 Med: 1.23 Max: 4.59
Current: 4.59

During the past 8 years, the highest Debt-to-Equity Ratio of Optimus Group Co was 4.59. The lowest was 0.85. And the median was 1.23.

TSE:9268's Debt-to-Equity is ranked worse than
97.87% of 1173 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs TSE:9268: 4.59

Optimus Group Co Debt-to-Equity Historical Data

The historical data trend for Optimus Group 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.

Optimus Group Co Debt-to-Equity Chart

Optimus Group Co Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.90

1.32

1.39

1.57

1.78

Optimus Group 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															1.72	1.78	1.92	1.99	4.59

Competitive Comparison of Optimus Group Co's Debt-to-Equity

For the Auto & Truck Dealerships subindustry, Optimus Group 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.

Optimus Group Co's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Optimus Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Optimus Group Co's Debt-to-Equity falls into.

Optimus Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Optimus Group 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
	=	(24873.398	+	5128.687)	/	16863.345
	=	1.78

Optimus Group 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
	=	(82749.363	+	5702.239)	/	19278.376
	=	4.59

Optimus Group Co (TSE:9268) 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.

Optimus Group Co Debt-to-Equity Related Terms

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

Optimus Group Co (TSE:9268) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Optimus Group Co Ltd (TSE:9268) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

OPTGF:USA

Address

3-14-4 Shiba, Minato-ku, Tokyo, JPN, 105-0014

Website

https://www.optimusgroup.co.jp

Optimus Group Co Ltd is a Japan-based company, engages in the automotive dealership business. It operates through the following business divisions: Trading, distribution, financial service, and Inspection. The Trading division is engaged in the purchase and sales of used cars. The Logistics division is engaged in the provision of logistics services. The Services division is engaged in the provision of services to the dealers in New Zealand and general customers. The Inspection divisions are engaged in the inspection business related to the export of used cars.

Optimus Group Co (TSE:9268) Headlines

No Headlines