SoftBank Group (TSE:9984) Debt-to-Equity

: 2.14 (As of Dec. 2023)

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SoftBank Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円6,624,005 Mil. SoftBank Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円14,310,696 Mil. SoftBank Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円9,774,982 Mil. SoftBank Group's debt to equity for the quarter that ended in Dec. 2023 was 2.14.

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

TSE:9984' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.67 Med: 2.64 Max: 6.24
Current: 2.14

During the past 13 years, the highest Debt-to-Equity Ratio of SoftBank Group was 6.24. The lowest was 1.67. And the median was 2.64.

TSE:9984's Debt-to-Equity is ranked worse than
83.91% of 348 companies
in the Telecommunication Services industry
Industry Median: 0.655 vs TSE:9984: 2.14

SoftBank Group Debt-to-Equity Historical Data

The historical data trend for SoftBank 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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SoftBank Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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2.06

2.41

1.91

2.24

2.25

SoftBank 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															2.10	2.25	2.24	2.19	2.14

Competitive Comparison

For the Telecom Services subindustry, SoftBank 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.

SoftBank Group Debt-to-Equity Distribution

For the Telecommunication Services industry and Communication Services sector, SoftBank Group's Debt-to-Equity distribution charts can be found below:

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

SoftBank Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SoftBank 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
	=	(5129047	+	15186144)	/	9029849
	=	2.25

SoftBank 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
	=	(6624005	+	14310696)	/	9774982
	=	2.14

SoftBank Group (TSE:9984) 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.

SoftBank Group Debt-to-Equity Related Terms

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SoftBank Group (TSE:9984) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » SoftBank Group Corp (TSE:9984) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SFTBY:USA SFTBF:USA SOFT:Mexico SFT:Germany SFT:Austria

Address

1-9-1 Higashi-shimbashi, Minato-ku, Tokyo, JPN, 105-7303

Website

https://www.group.softbank

SoftBank is a Japan-based telecom and e-commerce conglomerate that has expanded mainly through acquisitions, and its key assets include a 40%-owned mobile and fixed broadband telecom operator business in Japan. It also owns 90% of semiconductor chip designer ARM Holdings following the 2023 IPO of this business, and has a vast portfolio of mainly internet- and e-commerce-focused early stage investments. It is also general partner of the $100 billion SoftBank Vision Fund 1 and sole investor in SoftBank Vision Fund 2, both of which primarily invest in pre-IPO internet companies.

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