MicroAd (TSE:9553) Debt-to-Equity : 0.49 (As of Mar. 2024)

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What is MicroAd Debt-to-Equity?

MicroAd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円1,680 Mil. MicroAd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円0 Mil. MicroAd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円3,430 Mil. MicroAd's debt to equity for the quarter that ended in Mar. 2024 was 0.49.

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

TSE:9553' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.49 Max: 2.02
Current: 0.49

During the past 4 years, the highest Debt-to-Equity Ratio of MicroAd was 2.02. The lowest was 0.29. And the median was 0.49.

TSE:9553's Debt-to-Equity is ranked worse than
71.47% of 2215 companies
in the Software industry
Industry Median: 0.21 vs TSE:9553: 0.49

MicroAd Debt-to-Equity Historical Data

The historical data trend for MicroAd'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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MicroAd Debt-to-Equity Chart

MicroAd Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

2.02

1.01

0.40

0.38

MicroAd Quarterly Data
	Sep20	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial						0.31	0.29	0.38	0.53	0.49

Competitive Comparison of MicroAd's Debt-to-Equity

For the Software - Application subindustry, MicroAd'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.

MicroAd's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, MicroAd's Debt-to-Equity distribution charts can be found below:

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

MicroAd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MicroAd's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(1193.752	+	0)	/	3108.403
	=	0.38

MicroAd's Debt to Equity Ratio for the quarter 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
	=	(1680	+	0)	/	3429.909
	=	0.49

MicroAd (TSE:9553) 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.

MicroAd Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of MicroAd's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

MicroAd (TSE:9553) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MicroAd Inc (TSE:9553) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

20-1 Sakuragaoka-cho, Shibuya-ku, Shibuya Infos Tower 13th FLoor, Tokyo, JPN, 150-0031

Website

https://www.microad.co.jp

MicroAd Inc is centered on the data platform "UNIVERSE" that aggregates a huge amount of online and offline consumer behavior data of consumers. , It is developing various marketing products specialized in the industry. In addition, the company is engaged in the digital signage business, which networks outdoor vision and digital signage in various facilities, and overseas marketing consulting business, mainly in Asia.

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