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Ichigo (Ichigo) Debt-to-Equity : 2.21 (As of Feb. 2024)


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What is Ichigo Debt-to-Equity?

Ichigo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $315.3 Mil. Ichigo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $1,240.6 Mil. Ichigo's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $705.2 Mil. Ichigo's debt to equity for the quarter that ended in Feb. 2024 was 2.21.

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

ICHIF' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.83   Med: 2.09   Max: 2.42
Current: 2.21

During the past 13 years, the highest Debt-to-Equity Ratio of Ichigo was 2.42. The lowest was 1.83. And the median was 2.09.

ICHIF's Debt-to-Equity is ranked worse than
85.56% of 1586 companies
in the Real Estate industry
Industry Median: 0.755 vs ICHIF: 2.21

Ichigo Debt-to-Equity Historical Data

The historical data trend for Ichigo'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.

Ichigo Debt-to-Equity Chart

Ichigo Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.11 2.20 2.06 2.02 2.21

Ichigo Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.02 2.26 2.03 2.18 2.21

Competitive Comparison of Ichigo's Debt-to-Equity

For the Real Estate Services subindustry, Ichigo'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.

Ichigo's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ichigo's Debt-to-Equity distribution charts can be found below:

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


Ichigo Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ichigo's Debt to Equity Ratio for the fiscal year that ended in Feb. 2024 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
=(315.336 + 1240.611) / 705.183
=2.21

Ichigo's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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
=(315.336 + 1240.611) / 705.183
=2.21

* 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.

Ichigo  (OTCPK:ICHIF) 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.

Ichigo Debt-to-Equity Related Terms

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

Ichigo (Ichigo) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ichigo Inc (OTCPK:ICHIF) » Definitions » Debt-to-Equity
Comparable Companies
TSE:1766 TSE:8848 TSE:8890 TSE:3479 TSE:8934 TSE:8818 TSE:3465 TSE:4781 TSE:8841 TSE:9661 CSGP CBRE XMAD:CLNX BEKE TSE:8830 HKSE:01972 OSTO:AKEL D SGX:9CI HKSE:01997 MIL:INW
Traded in Other Exchanges
2337:Japan
Address
17F, The Imperial Hotel Tower, 1-1-1, Uchisaiwai-cho, Chiyoda-k, Tokyo, JPN, 100-0011
Website
https://www.ichigo.gr.jp
Ichigo Inc is a Japanese real estate owner and operator, and clean energy producer. It manages several real estate investment trusts and operates solar plants across Japan. REIT opportunities include midsize hotel and office properties. Revenue is generated through fees via the management of the Ichigo REIT and private funds, and other fee-generating real estate services related to sourcing, financing, operation, property management, facility management, and disposition of real estate assets. Additional income is generated through the sale of properties and rental income. Clean Energy services involve the production of mega solar power.