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Himaraya Co (TSE:7514) Debt-to-Equity : 0.38 (As of Feb. 2024)


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What is Himaraya Co Debt-to-Equity?

Himaraya Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円4,397 Mil. Himaraya Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円1,884 Mil. Himaraya Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円16,551 Mil. Himaraya Co's debt to equity for the quarter that ended in Feb. 2024 was 0.38.

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

TSE:7514' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33   Med: 0.68   Max: 1.03
Current: 0.38

During the past 13 years, the highest Debt-to-Equity Ratio of Himaraya Co was 1.03. The lowest was 0.33. And the median was 0.68.

TSE:7514's Debt-to-Equity is ranked better than
63.77% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs TSE:7514: 0.38

Himaraya Co Debt-to-Equity Historical Data

The historical data trend for Himaraya 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.

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Himaraya Co Debt-to-Equity Chart

Himaraya Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 1.03 0.76 0.51 0.33

Himaraya Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.40 0.34 0.33 0.40 0.38

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

For the Specialty Retail subindustry, Himaraya 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.


Himaraya Co's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Himaraya Co's Debt-to-Equity distribution charts can be found below:

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



Himaraya Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Himaraya Co's Debt to Equity Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Himaraya Co's Debt to Equity Ratio for the quarter that ended in Feb. 2024 is calculated as

* 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.


Himaraya Co  (TSE:7514) 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.


Himaraya Co Debt-to-Equity Related Terms

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Himaraya Co (TSE:7514) Business Description

Traded in Other Exchanges
N/A
Address
1-1-1 Ezoe, Gifu-shi, JPN, 500 - 8630
Himaraya Co Ltd is engaged in the retail sale of sporting goods in Japan. The company offers various sportswear, training wear, pants, caddy bag, shoes, head cover, golf apparel, practice equipment, leisure goods, street sports, rain wears, and other related items.

Himaraya Co (TSE:7514) Headlines

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