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Monex Group (Monex Group) Debt-to-Equity : 0.76 (As of Mar. 2024)


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What is Monex Group Debt-to-Equity?

Monex Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil. Monex Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $668.5 Mil. Monex Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $879.1 Mil. Monex Group's debt to equity for the quarter that ended in Mar. 2024 was 0.76.

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

MNXBF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.76   Med: 3.52   Max: 4.17
Current: 0.76

During the past 13 years, the highest Debt-to-Equity Ratio of Monex Group was 4.17. The lowest was 0.76. And the median was 3.52.

MNXBF's Debt-to-Equity is ranked worse than
66.72% of 607 companies
in the Capital Markets industry
Industry Median: 0.37 vs MNXBF: 0.76

Monex Group Debt-to-Equity Historical Data

The historical data trend for Monex Group'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.

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Monex Group Debt-to-Equity Chart

Monex Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.89 4.06 4.05 4.17 0.76

Monex Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.17 3.56 3.73 0.85 0.76

Competitive Comparison of Monex Group's Debt-to-Equity

For the Capital Markets subindustry, Monex Group'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.


Monex Group's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Monex Group's Debt-to-Equity distribution charts can be found below:

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



Monex Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Monex Group's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Monex Group  (OTCPK:MNXBF) 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.


Monex Group Debt-to-Equity Related Terms

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


Monex Group (Monex Group) Business Description

Traded in Other Exchanges
Address
2-4-1, Kojimachi, Chiyoda-ku, Tokyo, JPN, 102-0083
Monex Group Inc is functional in the financial services domain of Japan. Its core business is that of securities trading. Operating in the capital markets industry, the company renders such services as online securities business, the foreign exchange (FX) trading business, as well as the provision of merger and acquisition (M&A) advisory services. Most of its revenue is in the form of brokerage derived from its capital market activities majorly in Japan and on a minor scale in the United States and China.