Broadcasting System Of Niigata (Broadcasting System Of Niigata) Debt-to-Equity : 0.06 (As of Mar. 2024)

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What is Broadcasting System Of Niigata Debt-to-Equity?

Broadcasting System Of Niigata's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $4.48 Mil. Broadcasting System Of Niigata's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $4.44 Mil. Broadcasting System Of Niigata's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $141.69 Mil. Broadcasting System Of Niigata's debt to equity for the quarter that ended in Mar. 2024 was 0.06.

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 Broadcasting System Of Niigata's Debt-to-Equity or its related term are showing as below:

BDCNF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.13 Max: 0.29
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Broadcasting System Of Niigata was 0.29. The lowest was 0.06. And the median was 0.13.

BDCNF's Debt-to-Equity is ranked better than
79.28% of 835 companies
in the Media - Diversified industry
Industry Median: 0.28 vs BDCNF: 0.06

Broadcasting System Of Niigata Debt-to-Equity Historical Data

The historical data trend for Broadcasting System Of Niigata'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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Broadcasting System Of Niigata Debt-to-Equity Chart

Broadcasting System Of Niigata Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.12

0.09

0.08

0.07

0.06

Broadcasting System Of Niigata Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.07	0.07	0.06	0.06	0.06

Competitive Comparison of Broadcasting System Of Niigata's Debt-to-Equity

For the Entertainment subindustry, Broadcasting System Of Niigata'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.

Broadcasting System Of Niigata's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Broadcasting System Of Niigata's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Broadcasting System Of Niigata's Debt-to-Equity falls into.

Broadcasting System Of Niigata Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Broadcasting System Of Niigata's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
	=	(4.48	+	4.44)	/	141.685
	=	0.06

Broadcasting System Of Niigata's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(4.48	+	4.44)	/	141.685
	=	0.06

Broadcasting System Of Niigata (GREY:BDCNF) 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.

Broadcasting System Of Niigata Debt-to-Equity Related Terms

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Broadcasting System Of Niigata (Broadcasting System Of Niigata) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Broadcasting System Of Niigata Inc (GREY:BDCNF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

9408:Japan

Address

3-18 Kawagishi-cho, Niigata, JPN, 951-8655

Website

https://www.ohbsn.com

BSN Media Holdings Inc is engaged in basic broadcasting and general broadcasting business. The business activities of the company include planning, production, and sale of broadcast programs, entertainment of various kinds of events like art, music, and sports, and publications.

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