Prestige International (TSE:4290) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Prestige International Debt-to-Equity?

Prestige International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円125 Mil. Prestige International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円188 Mil. Prestige International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円42,048 Mil. Prestige International's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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

TSE:4290' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.07
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Prestige International was 0.07. The lowest was 0.01. And the median was 0.03.

TSE:4290's Debt-to-Equity is ranked better than
99.89% of 929 companies
in the Business Services industry
Industry Median: 0.38 vs TSE:4290: 0.01

Prestige International Debt-to-Equity Historical Data

The historical data trend for Prestige International'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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Prestige International Debt-to-Equity Chart

Prestige International Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.04

0.03

0.02

0.04

0.01

Prestige International 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															0.02	0.01	0.01	0.01	0.01

Competitive Comparison of Prestige International's Debt-to-Equity

For the Specialty Business Services subindustry, Prestige International'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.

Prestige International's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Prestige International's Debt-to-Equity distribution charts can be found below:

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

Prestige International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Prestige International'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
	=	(158.407	+	310.668)	/	39328.903
	=	0.01

Prestige International'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
	=	(125	+	187.5)	/	42048.119
	=	0.01

Prestige International (TSE:4290) 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.

Prestige International Debt-to-Equity Related Terms

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Prestige International (TSE:4290) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Prestige International Inc (TSE:4290) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-4-1 Kojimachi, Chiyoda-ku, Tokyo, JPN, 102-0083

Website

http://www.prestigein.com

Prestige International Inc is a Japanese company which is engaged in providing business support services to clients. It mainly provides 24-7 customer contact services and road assist services for automobile makers; provides Japanese call center services and claims agent services for overseas customers; provides IT (Information Technology)-related services; and provides real estate-related services such as house cleaning and others, as well as parking lot assist services.

Prestige International (TSE:4290) Headlines

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