Yamaguchi Financial Group (TSE:8418) Debt-to-Equity : 1.79 (As of Dec. 2023)

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What is Yamaguchi Financial Group Debt-to-Equity?

Yamaguchi Financial Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Yamaguchi Financial Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,117,169 Mil. Yamaguchi Financial Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円625,308 Mil. Yamaguchi Financial Group's debt to equity for the quarter that ended in Dec. 2023 was 1.79.

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

TSE:8418' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.33 Max: 1.79
Current: 1.79

During the past 13 years, the highest Debt-to-Equity Ratio of Yamaguchi Financial Group was 1.79. The lowest was 0.11. And the median was 0.33.

TSE:8418's Debt-to-Equity is ranked worse than
80.63% of 1394 companies
in the Banks industry
Industry Median: 0.68 vs TSE:8418: 1.79

Yamaguchi Financial Group Debt-to-Equity Historical Data

The historical data trend for Yamaguchi 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.

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Yamaguchi Financial Group Debt-to-Equity Chart

Yamaguchi Financial Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.30

0.19

1.22

1.15

1.28

Yamaguchi 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															0.90	1.28	1.19	1.62	1.79

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

For the Banks - Regional subindustry, Yamaguchi 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.

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

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

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

Yamaguchi Financial Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yamaguchi 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
	=	(0	+	785755)	/	611854
	=	1.28

Yamaguchi 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
	=	(0	+	1117169)	/	625308
	=	1.79

Yamaguchi Financial Group (TSE:8418) 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.

Yamaguchi Financial Group Debt-to-Equity Related Terms

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Yamaguchi Financial Group (TSE:8418) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Yamaguchi Financial Group Inc (TSE:8418) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-36, 4-chome Takezaki-cho, P.O. Box 24, Shimonoseki, JPN, 750-8603

Website

http://www.ymfg.co.jp

Yamaguchi Financial Group Inc is a Japan-based holding company that is principally engaged in providing financial products and services, such as deposits, loans, leasing, foreign exchange transactions, securities business, credit card business, and others. The company operates through a number of subsidiaries, such as Yamaguchi Bank, Momiji Bank, Kitakyushu Bank, and YM Securities. The company's business operations are concentrated within a branch network in Japan, and the firm generates the majority of its income from the domestic market. The company also has a business presence in overseas markets, such as mainland China and Hong Kong.

Yamaguchi Financial Group (TSE:8418) Headlines

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