Mizuho Financial Group (FRA:MZ8) Debt-to-Equity : 2.08 (As of Dec. 2023)

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What is Mizuho Financial Group Debt-to-Equity?

Mizuho Financial Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €19,723 Mil. Mizuho Financial Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €111,049 Mil. Mizuho Financial Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €62,814 Mil. Mizuho Financial Group's debt to equity for the quarter that ended in Dec. 2023 was 2.08.

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 Mizuho Financial Group's Debt-to-Equity or its related term are showing as below:

FRA:MZ8' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.53 Med: 2.17 Max: 3.62
Current: 2.08

During the past 13 years, the highest Debt-to-Equity Ratio of Mizuho Financial Group was 3.62. The lowest was 1.53. And the median was 2.17.

FRA:MZ8's Debt-to-Equity is ranked worse than
84.92% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs FRA:MZ8: 2.08

Mizuho Financial Group Debt-to-Equity Historical Data

The historical data trend for Mizuho Financial Group'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.

Mizuho Financial Group Debt-to-Equity Chart

Mizuho Financial Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.78

2.02

2.34

2.30

2.15

Mizuho Financial Group 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															1.93	2.15	2.09	2.14	2.08

Competitive Comparison of Mizuho Financial Group's Debt-to-Equity

For the Banks - Regional subindustry, Mizuho Financial Group'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.

Mizuho Financial Group's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mizuho Financial Group's Debt-to-Equity distribution charts can be found below:

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

Mizuho Financial Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mizuho Financial Group'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
	=	(25134.483	+	111829.101)	/	63820.32
	=	2.15

Mizuho Financial Group'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
	=	(19722.612	+	111048.925)	/	62813.508
	=	2.08

Mizuho Financial Group (FRA:MZ8) 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.

Mizuho Financial Group Debt-to-Equity Related Terms

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

Mizuho Financial Group (FRA:MZ8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mizuho Financial Group Inc (FRA:MZ8) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MZHOF:USA MFG:USA 8411:Japan MZ8A:Germany MZ8:Germany MFG:Argentina

Address

1-5-5, Otemachi, Otemachi Tower, Chiyoda-ku, Tokyo, JPN, 100-8176

Website

https://www.mizuho-fg.co.jp

Mizuho Financial Group is roughly tied with megabank peer Sumitomo Mitsui Financial Group for the status as Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of March 2023, Mizuho's market share of domestic loans was 6.7%, compared with 7.1% for SMFG and 8.1% for MUFG. In Japan, Mizuho has more of a corporate focus than SMFG, which has a larger retail business. Its overseas weighting is slightly smaller than that of MUFG. Unlike its two Japanese megabank peers that own foreign banks outright or hold noncontrolling stakes in local banks overseas, Mizuho expanded in recent years beyond its traditional Japanese borrowers, mainly through its core banking and securities units, focusing on the financing needs of global multinational corporations.

Mizuho Financial Group (FRA:MZ8) Headlines

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