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Fund Creation Group Co (TSE:3266) Debt-to-Equity : 0.86 (As of Feb. 2024)


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What is Fund Creation Group Co Debt-to-Equity?

Fund Creation Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円1,183 Mil. Fund Creation Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円1,179 Mil. Fund Creation Group Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円2,755 Mil. Fund Creation Group Co's debt to equity for the quarter that ended in Feb. 2024 was 0.86.

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 Fund Creation Group Co's Debt-to-Equity or its related term are showing as below:

TSE:3266' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.42   Max: 0.86
Current: 0.86

During the past 13 years, the highest Debt-to-Equity Ratio of Fund Creation Group Co was 0.86. The lowest was 0.07. And the median was 0.42.

TSE:3266's Debt-to-Equity is ranked worse than
84.53% of 1015 companies
in the Asset Management industry
Industry Median: 0.19 vs TSE:3266: 0.86

Fund Creation Group Co Debt-to-Equity Historical Data

The historical data trend for Fund Creation Group 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.

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Fund Creation Group Co Debt-to-Equity Chart

Fund Creation Group Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.50 0.18 0.62 0.77

Fund Creation Group Co 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 0.70 0.86 0.75 0.77 0.86

Competitive Comparison of Fund Creation Group Co's Debt-to-Equity

For the Asset Management subindustry, Fund Creation Group 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.


Fund Creation Group Co's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fund Creation Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fund Creation Group Co's Debt-to-Equity falls into.



Fund Creation Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fund Creation Group Co's Debt to Equity Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Fund Creation Group Co's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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.


Fund Creation Group Co  (TSE:3266) 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.


Fund Creation Group Co Debt-to-Equity Related Terms

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Fund Creation Group Co (TSE:3266) Business Description

Traded in Other Exchanges
N/A
Address
1-4 Kojimachi, Hanzomon First Building 5th Floor, Chiyoda-ku, Tokyo, JPN, 102-0083
Fund Creation Group Co Ltd operates a variety of businesses, with asset management business and investment bank business as its core businesses. It aims for the organic development of each business by making full use of its high expertise.

Fund Creation Group Co (TSE:3266) Headlines

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