TKOMF (Tokio Marine Holdings) Debt-to-Equity : 0.04 (As of Jun. 2024)

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What is Tokio Marine Holdings Debt-to-Equity?

Tokio Marine Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0 Mil. Tokio Marine Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $1,432 Mil. Tokio Marine Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $33,006 Mil. Tokio Marine Holdings's debt to equity for the quarter that ended in Jun. 2024 was 0.04.

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

TKOMF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.08
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Tokio Marine Holdings was 0.08. The lowest was 0.02. And the median was 0.04.

TKOMF's Debt-to-Equity is ranked better than
80.77% of 390 companies
in the Insurance industry
Industry Median: 0.2 vs TKOMF: 0.04

Tokio Marine Holdings Debt-to-Equity Historical Data

The historical data trend for Tokio Marine 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.

* Premium members only.

Tokio Marine Holdings Debt-to-Equity Chart

Tokio Marine Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.08

0.06

0.04

Tokio Marine Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.05	0.05	0.04	0.04	0.04

Competitive Comparison of Tokio Marine Holdings's Debt-to-Equity

For the Insurance - Property & Casualty subindustry, Tokio Marine 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.

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

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

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

Tokio Marine Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tokio Marine Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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	+	1497.838)	/	34552.692
	=	0.04

Tokio Marine Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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	+	1432.022)	/	33005.758
	=	0.04

Tokio Marine Holdings (OTCPK:TKOMF) 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.

Tokio Marine Holdings Debt-to-Equity Related Terms

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Tokio Marine Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Tokio Marine Holdings Inc (OTCPK:TKOMF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TKOMY:USA 8766:Japan MH6:Germany MH6:Germany

Address

Tokio Marine Nichido Building Shinkan, 2-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

http://www.tokiomarinehd.com

Dating back to 1879, Tokio Marine is Japan's oldest insurance company and was its top property and casualty insurer in terms of market share for many decades. After mergers of its smaller rivals in the past few years, the company is now roughly the same size in the domestic nonlife market as MS&AD and Sompo Holdings, but it remains the most valuable listed Japanese insurer in terms of market capitalization due to its larger overseas business portfolio. The majority of its overseas business is in the US, where it has purchased four specialty insurers since 2008: Philadelphia Consolidated, Delphi Financial, HCC, and PURE.