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Howa Bank (FSE:8559) Debt-to-Equity : 0.06 (As of Dec. 2023)


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What is Howa Bank Debt-to-Equity?

Howa Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Howa Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,900 Mil. Howa Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円33,216 Mil. Howa Bank's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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

FSE:8559' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.43   Max: 0.96
Current: 0.06

During the past 10 years, the highest Debt-to-Equity Ratio of Howa Bank was 0.96. The lowest was 0.06. And the median was 0.43.

FSE:8559's Debt-to-Equity is ranked better than
94.12% of 1394 companies
in the Banks industry
Industry Median: 0.65 vs FSE:8559: 0.06

Howa Bank Debt-to-Equity Historical Data

The historical data trend for Howa Bank'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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Howa Bank Debt-to-Equity Chart

Howa Bank Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.39 0.95 0.94 0.39

Howa Bank 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 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 0.96 0.39 0.06 0.06 0.06

Competitive Comparison of Howa Bank's Debt-to-Equity

For the Banks - Regional subindustry, Howa Bank'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.


Howa Bank's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Howa Bank's Debt-to-Equity distribution charts can be found below:

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



Howa Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Howa Bank's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Howa Bank's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Howa Bank  (FSE:8559) 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.


Howa Bank Debt-to-Equity Related Terms

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


Howa Bank (FSE:8559) Business Description

Traded in Other Exchanges
N/A
Address
Oita-shi Ojiyakamachi 4th No. 10, Oita, JPN, 870-8686
Howa Bank Ltd is a Japan based regional bank. It provides banking products and services in Japan. Its deposit products include general account, saving account, current account, and property accumulation housing savings deposit. It offers housing loan, reform loan, card loan, free loan, education loan and auto loans. It also provides insurance services.

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