Sotetsu Holdings (TSE:9003) Debt-to-Equity : 2.50 (As of Dec. 2023)

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What is Sotetsu Holdings Debt-to-Equity?

Sotetsu Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円78,079 Mil. Sotetsu Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円313,147 Mil. Sotetsu Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円156,685 Mil. Sotetsu Holdings's debt to equity for the quarter that ended in Dec. 2023 was 2.50.

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

TSE:9003' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.18 Med: 2.55 Max: 3.09
Current: 2.53

During the past 13 years, the highest Debt-to-Equity Ratio of Sotetsu Holdings was 3.09. The lowest was 2.18. And the median was 2.55.

TSE:9003's Debt-to-Equity is ranked worse than
90.04% of 472 companies
in the Conglomerates industry
Industry Median: 0.56 vs TSE:9003: 2.53

Sotetsu Holdings Debt-to-Equity Historical Data

The historical data trend for Sotetsu Holdings'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.

Sotetsu Holdings Debt-to-Equity Chart

Sotetsu Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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2.24

2.58

2.63

2.56

2.53

Sotetsu Holdings 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															2.56	2.57	2.49	2.50	2.53

Competitive Comparison of Sotetsu Holdings's Debt-to-Equity

For the Conglomerates subindustry, Sotetsu Holdings'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.

Sotetsu Holdings's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sotetsu Holdings's Debt-to-Equity distribution charts can be found below:

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

Sotetsu Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sotetsu Holdings'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
	=	(79440	+	337430)	/	164652
	=	2.53

Sotetsu Holdings'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
	=	(78079	+	313147)	/	156685
	=	2.50

Sotetsu Holdings (TSE:9003) 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.

Sotetsu Holdings Debt-to-Equity Related Terms

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Sotetsu Holdings (TSE:9003) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sotetsu Holdings Inc (TSE:9003) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-9-14 Kita Saiwa Nishi-ku, Yokohama-shi, JPN, 220-0004

Website

http://www.sotetsu.co.jp

Sotetsu Holdings Inc is a Japanese operator of railway trains and busses. Next to the core business of transporting people and freight, the company operates a real estate business selling and leasing real estate and offers construction works and building maintenance services. Other business ventures include golf courses, hotels, and travel agents.

Sotetsu Holdings (TSE:9003) Headlines

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