LY (YAHOY) Debt-to-Equity

: 0.64 (As of Dec. 2023)

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LY's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. LY's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $13,395 Mil. LY's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $21,057 Mil. LY's debt to equity for the quarter that ended in Dec. 2023 was 0.64.

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

YAHOY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.61 Max: 1.59
Current: 0.64

During the past 13 years, the highest Debt-to-Equity Ratio of LY was 1.59. The lowest was 0.03. And the median was 0.61.

YAHOY's Debt-to-Equity is ranked better than
50% of 1004 companies
in the Retail - Cyclical industry
Industry Median: 0.64 vs YAHOY: 0.64

LY Debt-to-Equity Historical Data

The historical data trend for LY'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.

LY Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.26

1.41

0.52

0.62

0.66

LY 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																0.63	0.66	0.62	0.62	0.64

Competitive Comparison

For the Internet Retail subindustry, LY'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.

LY Debt-to-Equity Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, LY's Debt-to-Equity distribution charts can be found below:

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

LY Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LY'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
	=	(0	+	14317.952)	/	21841.277
	=	0.66

LY'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
	=	(0	+	13395.033)	/	21057.066
	=	0.64

LY (OTCPK:YAHOY) 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.

LY Debt-to-Equity Related Terms

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

LY (YAHOY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » LY Corp (OTCPK:YAHOY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

YAHOF:USA 4689:Japan YOJ0:Germany YOJ:Germany YOJ:Germany

Address

Tokyo Kioicho Kioi Tower, 1-3 Kioicho Chiyoda Ward, Tokyo Garden Terrace, Tokyo, JPN, 102 - 8282

Website

https://www.lycorp.co.jp

LY Corp's portal site, Yahoo Japan, was one of the first internet services in Japan, and it has maintained its market-leading position in terms of monthly active user numbers and page views. In addition, the company offers a variety of internet services, including e-commerce, online travel, and online video. In October 2013, the firm began a new e-commerce strategy of waiving store tenant fees and sales royalty fees on its Yahoo Shopping service to compete with Rakuten and Amazon Japan. The company acquired Zozo in 2019 and integrates Line in 2021.

LY (YAHOY) Headlines

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