SBI Sumishin Net Bank (TSE:7163) Debt-to-Equity : 5.16 (As of Dec. 2023)

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What is SBI Sumishin Net Bank Debt-to-Equity?

SBI Sumishin Net Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. SBI Sumishin Net Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円756,000 Mil. SBI Sumishin Net Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円146,642 Mil. SBI Sumishin Net Bank's debt to equity for the quarter that ended in Dec. 2023 was 5.16.

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 SBI Sumishin Net Bank's Debt-to-Equity or its related term are showing as below:

TSE:7163' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.18 Med: 5.05 Max: 6.31
Current: 5.16

During the past 4 years, the highest Debt-to-Equity Ratio of SBI Sumishin Net Bank was 6.31. The lowest was 2.18. And the median was 5.05.

TSE:7163's Debt-to-Equity is ranked worse than
96.62% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs TSE:7163: 5.16

SBI Sumishin Net Bank Debt-to-Equity Historical Data

The historical data trend for SBI Sumishin Net Bank'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.

SBI Sumishin Net Bank Debt-to-Equity Chart

SBI Sumishin Net Bank Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

6.31

4.95

5.64

2.64

SBI Sumishin Net Bank Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial				N/A	2.64	2.18	4.03	5.16

Competitive Comparison of SBI Sumishin Net Bank's Debt-to-Equity

For the Banks - Regional subindustry, SBI Sumishin Net Bank'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.

SBI Sumishin Net Bank's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SBI Sumishin Net Bank's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where SBI Sumishin Net Bank's Debt-to-Equity falls into.

SBI Sumishin Net Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SBI Sumishin Net Bank'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
	=	(0	+	348000)	/	131604
	=	2.64

SBI Sumishin Net Bank'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
	=	(0	+	756000)	/	146642
	=	5.16

SBI Sumishin Net Bank (TSE:7163) 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.

SBI Sumishin Net Bank Debt-to-Equity Related Terms

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SBI Sumishin Net Bank (TSE:7163) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SBI Sumishin Net Bank Ltd (TSE:7163) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-6-1 Roppongi, Izumi Garden Tower 18th floor, Tokyo, JPN, 106-6018

Website

https://www.netbk.co.jp

SBI Sumishin Net Bank Ltd is a specialized Internet bank. It offers deposits, investment, loans, cards and other services.

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