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Accordia Golf Co (Accordia Golf Co) Debt-to-Equity : 1.19 (As of Dec. 2016)


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What is Accordia Golf Co Debt-to-Equity?

Accordia Golf Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $92.2 Mil. Accordia Golf Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $442.4 Mil. Accordia Golf Co's Total Stockholders Equity for the quarter that ended in Dec. 2016 was $449.2 Mil. Accordia Golf Co's debt to equity for the quarter that ended in Dec. 2016 was 1.19.

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

ACGFY's Debt-to-Equity is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.46
* Ranked among companies with meaningful Debt-to-Equity only.

Accordia Golf Co Debt-to-Equity Historical Data

The historical data trend for Accordia Golf 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.

Accordia Golf Co Debt-to-Equity Chart

Accordia Golf Co Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 1.16 1.17 1.70 1.40

Accordia Golf Co Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 1.29 1.40 1.30 1.28 1.19

Competitive Comparison of Accordia Golf Co's Debt-to-Equity

For the Leisure subindustry, Accordia Golf 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.


Accordia Golf Co's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Accordia Golf Co's Debt-to-Equity distribution charts can be found below:

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



Accordia Golf Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Accordia Golf Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2016 is calculated as

Accordia Golf Co's Debt to Equity Ratio for the quarter that ended in Dec. 2016 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.


Accordia Golf Co  (OTCPK:ACGFY) 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.


Accordia Golf Co Debt-to-Equity Related Terms

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Accordia Golf Co (Accordia Golf Co) Business Description

Traded in Other Exchanges
N/A
Address
Accordia Golf Co Ltd is a Japan-based company primarily involved in the golf business. It owns, operates, and manages golf courses and golf practice ranges in Japan. The activity of golf courses is primarily operated in metropolitan areas and regional urban centers under the Accordia Golf brand name. In addition, the group is also engaged in the operation of restaurants and hotels. It derives revenue from the playing fees, membership fees, sale of golf equipment and rest through the restaurants and hotels activities.

Accordia Golf Co (Accordia Golf Co) Headlines

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