GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Nomura Holdings Inc (BUE:NMR) » Definitions » Debt-to-Equity

Nomura Holdings (BUE:NMR) Debt-to-Equity : 4.01 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Nomura Holdings Debt-to-Equity?

Nomura Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ARS2,192,933 Mil. Nomura Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ARS30,794,499 Mil. Nomura Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ARS8,222,641 Mil. Nomura Holdings's debt to equity for the quarter that ended in Dec. 2023 was 4.01.

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

BUE:NMR' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.9   Med: 3.48   Max: 4.01
Current: 4.01

During the past 13 years, the highest Debt-to-Equity Ratio of Nomura Holdings was 4.01. The lowest was 2.90. And the median was 3.48.

BUE:NMR's Debt-to-Equity is ranked worse than
95.39% of 607 companies
in the Capital Markets industry
Industry Median: 0.37 vs BUE:NMR: 4.01

Nomura Holdings Debt-to-Equity Historical Data

The historical data trend for Nomura 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.

Nomura Holdings Debt-to-Equity Chart

Nomura Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.49 3.76 3.61 3.74 3.79

Nomura Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.63 3.79 3.78 3.95 4.01

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

For the Capital Markets subindustry, Nomura 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.

Nomura Holdings's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nomura Holdings's Debt-to-Equity distribution charts can be found below:

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


Nomura Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nomura Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
=(1490579.591 + 16150238.122) / 4653444.639
=3.79

Nomura 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
=(2192933.057 + 30794498.599) / 8222640.853
=4.01

* 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.

Nomura Holdings  (BUE:NMR) 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.

Nomura Holdings Debt-to-Equity Related Terms

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

Nomura Holdings (BUE:NMR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Nomura Holdings Inc (BUE:NMR) » Definitions » Debt-to-Equity
Comparable Companies
TSE:8601 TSE:9552 TSE:2127 TSE:8698 TSE:8628 TSE:8609 TSE:8616 TSE:7177 TSE:6196 TSE:6080 MS GS SCHW ASX:MQG SHSE:600030 BSP:BPAC3 RJF TW SHSE:601066 LPLA
Traded in Other Exchanges
NRSCF:USA NMR:USA 8604:Japan 8604:Japan NSE:Germany NSE:Germany NSEA:Germany NSE:Germany NMRH34:Brazil
Address
13-1, Nihonbashi 1-chome, Chuo-Ku, Tokyo, JPN, 103-8645
Website
https://www.nomuraholdings.com
Nomura is Japan's largest broker, about twice the size of rival Daiwa Securities and roughly three times the size of the securities units of the three megabanks. It is also the largest asset-management company in Japan, with a similar size differential compared with its rivals. Despite its topnotch brand name in retail broking and asset management in Japan, Nomura has struggled to compete effectively in the institutional securities business against larger global rivals. In 2008, Nomura bought European and Asian assets of the failed Lehman Brothers, which led to a sharply higher cost base but did not provide commensurate revenue. Nomura has reduced the scale of these businesses but maintains its ambition to compete globally with the top players.