Hankyu Hanshin Holdings (Hankyu Hanshin Holdings) Debt-to-Equity : 1.20 (As of Dec. 2023)

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What is Hankyu Hanshin Holdings Debt-to-Equity?

Hankyu Hanshin Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,930 Mil. Hankyu Hanshin Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6,107 Mil. Hankyu Hanshin Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6,721 Mil. Hankyu Hanshin Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.20.

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

HYUHF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.92 Med: 1.21 Max: 1.71
Current: 1.2

During the past 13 years, the highest Debt-to-Equity Ratio of Hankyu Hanshin Holdings was 1.71. The lowest was 0.92. And the median was 1.21.

HYUHF's Debt-to-Equity is ranked worse than
73.94% of 472 companies
in the Conglomerates industry
Industry Median: 0.555 vs HYUHF: 1.20

Hankyu Hanshin Holdings Debt-to-Equity Historical Data

The historical data trend for Hankyu Hanshin 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.

Hankyu Hanshin Holdings Debt-to-Equity Chart

Hankyu Hanshin Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.99

1.00

1.23

1.26

1.22

Hankyu Hanshin Holdings 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															1.24	1.22	1.18	1.18	1.20

Competitive Comparison of Hankyu Hanshin Holdings's Debt-to-Equity

For the Conglomerates subindustry, Hankyu Hanshin 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.

Hankyu Hanshin Holdings's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hankyu Hanshin Holdings's Debt-to-Equity distribution charts can be found below:

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

Hankyu Hanshin Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hankyu Hanshin Holdings'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
	=	(1737.435	+	6539.637)	/	6784.168
	=	1.22

Hankyu Hanshin Holdings'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
	=	(1930.227	+	6107.208)	/	6720.933
	=	1.20

Hankyu Hanshin Holdings (OTCPK:HYUHF) 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.

Hankyu Hanshin Holdings Debt-to-Equity Related Terms

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Hankyu Hanshin Holdings (Hankyu Hanshin Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hankyu Hanshin Holdings Inc (OTCPK:HYUHF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

9042:Japan

Address

1-16-1, Shibata Kita-ku, Osaka, JPN, 530-0012

Website

http://holdings.hankyu-hanshin.co.jp

Hankyu Hanshin Holdings Inc conducts business in real estate, urban transportation, real estate, entertainment and communications, travel, international transportation, and hotels. Urban transportation is the leading revenue generator for Hankyu, and consists of Hankyu Corporation and Hanshin Electric Railway. Through these businesses, the company provides transportation services through a network that includes railways, buses, and taxis. The real estate business also brings in a significant portion of revenue and almost moves in lock step with the public transportation segment. Through this business, the company develops commercial facilities, residential properties, office buildings, and offers leasing and management administration.

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