Hibino (TSE:2469) Debt-to-Equity : 1.75 (As of Dec. 2023)

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What is Hibino Debt-to-Equity?

Hibino's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円9,469 Mil. Hibino's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円7,618 Mil. Hibino's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円9,783 Mil. Hibino's debt to equity for the quarter that ended in Dec. 2023 was 1.75.

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

TSE:2469' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.66 Med: 1.32 Max: 2.32
Current: 1.75

During the past 13 years, the highest Debt-to-Equity Ratio of Hibino was 2.32. The lowest was 0.66. And the median was 1.32.

TSE:2469's Debt-to-Equity is ranked worse than
94.8% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs TSE:2469: 1.75

Hibino Debt-to-Equity Historical Data

The historical data trend for Hibino'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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Hibino Debt-to-Equity Chart

Hibino Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.42

1.17

2.22

1.48

1.96

Hibino 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															2.13	1.96	1.82	1.80	1.75

Competitive Comparison of Hibino's Debt-to-Equity

For the Consumer Electronics subindustry, Hibino'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.

Hibino's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hibino's Debt-to-Equity distribution charts can be found below:

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

Hibino Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hibino'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
	=	(11525.757	+	6311.925)	/	9118.097
	=	1.96

Hibino'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
	=	(9469.409	+	7617.974)	/	9782.515
	=	1.75

Hibino (TSE:2469) 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.

Hibino Debt-to-Equity Related Terms

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Hibino (TSE:2469) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hibino Corp (TSE:2469) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

3-5-14, Konan, Minato-ku, Tokyo, JPN, 108-0075

Website

https://www.hibino.co.jp

Hibino Corp produces and sells audio equipment in Japan. It offers products and services in the Audio-Visual field. Its business activities are divided into Hibino visual division is engaged in the planning of large screens and video systems used for concerts and events, equipment rental, and operation. Hibino sound division offers a sound system for the concert, equipment rental, recording of concerts and events, studio recording, track down, and mastering. Hibino Professional Audio Sales division is engaged in the production and sale of professional audio equipment and acoustic system proposals for broadcasting stations, studios, halls, commercial facilities. Hibino Chromatec division develops and sells LED (light-emitting diode) display systems.

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