Shikigaku Co (TSE:7049) Debt-to-Equity : 0.32 (As of Nov. 2023)

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What is Shikigaku Co Debt-to-Equity?

Shikigaku Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円365 Mil. Shikigaku Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円360 Mil. Shikigaku Co's Total Stockholders Equity for the quarter that ended in Nov. 2023 was 円2,264 Mil. Shikigaku Co's debt to equity for the quarter that ended in Nov. 2023 was 0.32.

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

TSE:7049' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.38 Max: 1.56
Current: 0.32

During the past 7 years, the highest Debt-to-Equity Ratio of Shikigaku Co was 1.56. The lowest was 0.02. And the median was 0.38.

TSE:7049's Debt-to-Equity is ranked better than
55.6% of 928 companies
in the Business Services industry
Industry Median: 0.38 vs TSE:7049: 0.32

Shikigaku Co Debt-to-Equity Historical Data

The historical data trend for Shikigaku 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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Shikigaku Co Debt-to-Equity Chart

Shikigaku Co Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Debt-to-Equity

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0.02

0.33

0.70

0.16

0.42

Shikigaku Co Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial															0.47	0.42	0.40	0.36	0.32

Competitive Comparison of Shikigaku Co's Debt-to-Equity

For the Specialty Business Services subindustry, Shikigaku 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.

Shikigaku Co's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shikigaku Co's Debt-to-Equity distribution charts can be found below:

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

Shikigaku Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shikigaku Co's Debt to Equity Ratio for the fiscal year that ended in Feb. 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
	=	(365.476	+	640.615)	/	2393.586
	=	0.42

Shikigaku Co's Debt to Equity Ratio for the quarter that ended in Nov. 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
	=	(365.476	+	360.258)	/	2264.46
	=	0.32

Shikigaku Co (TSE:7049) 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.

Shikigaku Co Debt-to-Equity Related Terms

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Shikigaku Co (TSE:7049) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Shikigaku Co Ltd (TSE:7049) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Chome, 9-2 Nishi Gotanda, Shinagawa-ku, KDX Gotanda Building 4th Floor, Tokyo, JPN, 141-0031

Website

https://corp.shikigaku.jp

Shikigaku Co Ltd is engaged in providing management training services. The company offers development and provision of webs services on literature.

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