Izumi Co (TSE:8273) Debt-to-Equity : 0.27 (As of Nov. 2023)

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What is Izumi Co Debt-to-Equity?

Izumi Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円34,987 Mil. Izumi Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円39,423 Mil. Izumi Co's Total Stockholders Equity for the quarter that ended in Nov. 2023 was 円273,849 Mil. Izumi Co's debt to equity for the quarter that ended in Nov. 2023 was 0.27.

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

TSE:8273' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.84 Max: 1.45
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Izumi Co was 1.45. The lowest was 0.24. And the median was 0.84.

TSE:8273's Debt-to-Equity is ranked better than
70.69% of 1003 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs TSE:8273: 0.27

Izumi Co Debt-to-Equity Historical Data

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

Izumi Co Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Debt-to-Equity

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0.82

0.60

0.47

0.40

0.29

Izumi 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															0.34	0.29	0.27	0.24	0.27

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

For the Department Stores subindustry, Izumi 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.

Izumi Co's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Izumi Co's Debt-to-Equity distribution charts can be found below:

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

Izumi Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Izumi 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
	=	(26020	+	50530)	/	265033
	=	0.29

Izumi 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
	=	(34987	+	39423)	/	273849
	=	0.27

Izumi Co (TSE:8273) 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.

Izumi Co Debt-to-Equity Related Terms

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Izumi Co (TSE:8273) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Izumi Co Ltd (TSE:8273) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

IZMIF:USA

Address

3-3-1 Futabanosato, Higashi-ku, Hiroshima, JPN, 732-8555

Website

http://izumi.co.jp

Izumi Co Ltd is engaged in operating shopping centres, general merchandising stores, clothing, household goods and food products. Most of the stores are located in Kyushu Region, Chugoku Region, and Shikoku Region in Japan. The company operates through segments including retail, retail-peripheral operations, and other. The retail segment is engaged in the retail business through shopping centres. The retail-peripheral operations segment consists of a credit and finance business, shop facility management, and restaurant operation, which deliver the vast majority of the business' income. The other segment includes wholesale and real estate operations.

Izumi Co (TSE:8273) Headlines

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