Money Forward (TSE:3994) Debt-to-Asset : 0.36 (As of May. 2024)

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What is Money Forward Debt-to-Asset?

Money Forward's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was 円9,725 Mil. Money Forward's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was 円21,330 Mil. Money Forward's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in May. 2024 was 円85,320 Mil. Money Forward's debt to asset for the quarter that ended in May. 2024 was 0.36.

Money Forward Debt-to-Asset Historical Data

The historical data trend for Money Forward's Debt-to-Asset 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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Money Forward Debt-to-Asset Chart

Money Forward Annual Data

Trend

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Debt-to-Asset

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0.33

0.30

0.15

0.26

0.34

Money Forward Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Debt-to-Asset	Get a 7-Day Free Trial															0.41	0.34	0.36	0.36	-

Competitive Comparison of Money Forward's Debt-to-Asset

For the Software - Application subindustry, Money Forward's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Money Forward's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Money Forward's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Money Forward's Debt-to-Asset falls into.

Money Forward Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Money Forward's Debt-to-Asset for the fiscal year that ended in Nov. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(8425.75	+	21947.869)	/	88282.41
	=	0.34

Money Forward's Debt-to-Asset for the quarter that ended in May. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(9724.75	+	21329.569)	/	85320.188
	=	0.36

Money Forward (TSE:3994) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Money Forward Debt-to-Asset Related Terms

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Money Forward Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Money Forward Inc (TSE:3994) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

47D:Germany

Address

21st Floor, msb Tamachi Tamachi Station Tower, S 3-1-21 Shibaura, Minato-ku, Tokyo, JPN, 108-0023

Website

https://corp.moneyforward.com

Money Forward Inc provides money-related services for individuals and corporations. Its service portfolio comprises personal financial management services and MF cloud services. Its personal financial management services include economic media that conveys money related themes, automatic savings app and mirai talk channel where customers can resolve their financial concerns together directly with financial planners. Its MF Cloud services comprise cloud accounting software, cloud-based tax return, invoice preparation software, payroll calculation, and cloud-based payment reconciliation.

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