Medical System Network Co (TSE:4350) Debt-to-Equity : 1.52 (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Medical System Network Co Debt-to-Equity?

Medical System Network Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円6,550 Mil. Medical System Network Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円17,113 Mil. Medical System Network Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円15,561 Mil. Medical System Network Co's debt to equity for the quarter that ended in Dec. 2023 was 1.52.

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 Medical System Network Co's Debt-to-Equity or its related term are showing as below:

TSE:4350' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.92 Med: 2.65 Max: 4.24
Current: 1.92

During the past 13 years, the highest Debt-to-Equity Ratio of Medical System Network Co was 4.24. The lowest was 1.92. And the median was 2.65.

TSE:4350's Debt-to-Equity is ranked worse than
87.39% of 547 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs TSE:4350: 1.92

Medical System Network Co Debt-to-Equity Historical Data

The historical data trend for Medical System Network 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.

Medical System Network Co Debt-to-Equity Chart

Medical System Network Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

3.99

2.92

2.23

2.11

1.92

Medical System Network Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															2.11	1.78	1.58	1.52	1.92

Competitive Comparison of Medical System Network Co's Debt-to-Equity

For the Pharmaceutical Retailers subindustry, Medical System Network 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.

Medical System Network Co's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medical System Network Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Medical System Network Co's Debt-to-Equity falls into.

Medical System Network Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Medical System Network Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(6116	+	23063)	/	15170
	=	1.92

Medical System Network Co'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
	=	(6550	+	17113)	/	15561
	=	1.52

Medical System Network Co (TSE:4350) 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.

Medical System Network Co Debt-to-Equity Related Terms

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

Medical System Network Co (TSE:4350) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Medical System Network Co Ltd (TSE:4350) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

AKK floor Building 6 at 3-chome, Kita 24-jo Nishi 10, Chuo-ku, Sapporo, JPN, 060-0010

Website

http://www.msnw.co.jp

Medical System Network Co Ltd is involved in its network business of dispensing pharmacy business. It also operates a network database used by pharmacies to access patients' prescriptions. It operates through the following business divisions: Pharmaceutical Product Network; Dispensing Pharmacy; Leasing and Equipment-related Business; Food Supply business and others.

Medical System Network Co (TSE:4350) Headlines

No Headlines