Kosaido Holdings Co (TSE:7868) Debt-to-Equity : 0.59 (As of Dec. 2023)

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What is Kosaido Holdings Co Debt-to-Equity?

Kosaido Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円7,541 Mil. Kosaido Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円16,047 Mil. Kosaido Holdings Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円40,099 Mil. Kosaido Holdings Co's debt to equity for the quarter that ended in Dec. 2023 was 0.59.

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

TSE:7868' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.47 Med: 0.8 Max: 1.17
Current: 0.47

During the past 13 years, the highest Debt-to-Equity Ratio of Kosaido Holdings Co was 1.17. The lowest was 0.47. And the median was 0.80.

TSE:7868's Debt-to-Equity is ranked worse than
54.16% of 925 companies
in the Business Services industry
Industry Median: 0.37 vs TSE:7868: 0.47

Kosaido Holdings Co Debt-to-Equity Historical Data

The historical data trend for Kosaido Holdings 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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Kosaido Holdings Co Debt-to-Equity Chart

Kosaido Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.93

0.81

0.76

0.57

0.47

Kosaido Holdings 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															0.57	0.66	0.64	0.59	0.47

Competitive Comparison of Kosaido Holdings Co's Debt-to-Equity

For the Specialty Business Services subindustry, Kosaido Holdings 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.

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

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

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

Kosaido Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kosaido Holdings 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
	=	(7231	+	14895)	/	47300
	=	0.47

Kosaido Holdings 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
	=	(7541	+	16047)	/	40099
	=	0.59

Kosaido Holdings Co (TSE:7868) 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.

Kosaido Holdings Co Debt-to-Equity Related Terms

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Kosaido Holdings Co (TSE:7868) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Kosaido Holdings Co Ltd (TSE:7868) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-3 Shibaura, Minato-ku, Seavans S Building, 13th Floor, Tokyo, JPN, 105-8318

Website

https://www.kosaido.co.jp

Kosaido Holdings Co Ltd operates in three business areas. The Information solution business includes Offset printing, Newspaper printing, Digital printing, Package printing, Digital solution, Campaign solution, Eco business, Exhibition business, and BPO service. The Human resources service business includes Recruiting media, Recruiting media agency, Free paper rack agency, Published an environmental information magazine, Temporary staffing, Recruitment, Overseas human resources service, Human resource development/education/training, RPO / recruitment outsourcing, HR Tech Service. The Ending related business includes Crematorium management and ceremonial hall provision, Funeral DX Crematorium management contract business, and Senior-related business.

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