Avic Co (TSE:9554) Debt-to-Equity : 0.17 (As of Mar. 2024)

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What is Avic Co Debt-to-Equity?

Avic Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円96 Mil. Avic Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円137 Mil. Avic Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円1,406 Mil. Avic Co's debt to equity for the quarter that ended in Mar. 2024 was 0.17.

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

TSE:9554' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.17 Max: 0.24
Current: 0.17

During the past 4 years, the highest Debt-to-Equity Ratio of Avic Co was 0.24. The lowest was 0.05. And the median was 0.17.

TSE:9554's Debt-to-Equity is ranked better than
61.61% of 831 companies
in the Media - Diversified industry
Industry Median: 0.29 vs TSE:9554: 0.17

Avic Co Debt-to-Equity Historical Data

The historical data trend for Avic 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.

* Premium members only.

Avic Co Debt-to-Equity Chart

Avic Co Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

0.20

0.18

0.06

0.20

Avic Co Quarterly Data
	Sep20	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial						0.24	0.22	0.20	0.14	0.17

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

For the Advertising Agencies subindustry, Avic 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.

Avic Co's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Avic Co's Debt-to-Equity distribution charts can be found below:

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

Avic Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Avic Co'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
	=	(86.992	+	105.02)	/	978.76
	=	0.20

Avic Co'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
	=	(95.992	+	137.024)	/	1406.384
	=	0.17

Avic Co (TSE:9554) 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.

Avic Co Debt-to-Equity Related Terms

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Avic Co (TSE:9554) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Avic Co Ltd (TSE:9554) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-12-32 Akasaka Minato-ku, Ark Mori Building 4th Floor, Tokyo, JPN, 107-6004

Website

https://www.avic.jp

Avic Co Ltd provides digital marketing services.

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