Money Forward (FRA:47D) Debt-to-Equity : 1.11 (As of May. 2024)

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What is Money Forward Debt-to-Equity?

Money Forward's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was €57.7 Mil. Money Forward's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was €126.6 Mil. Money Forward's Total Stockholders Equity for the quarter that ended in May. 2024 was €165.5 Mil. Money Forward's debt to equity for the quarter that ended in May. 2024 was 1.11.

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 Money Forward's Debt-to-Equity or its related term are showing as below:

FRA:47D' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.57 Max: 1.19
Current: 1.11

During the past 9 years, the highest Debt-to-Equity Ratio of Money Forward was 1.19. The lowest was 0.08. And the median was 0.57.

FRA:47D's Debt-to-Equity is ranked worse than
87.25% of 2220 companies
in the Software industry
Industry Median: 0.21 vs FRA:47D: 1.11

Money Forward Debt-to-Equity Historical Data

The historical data trend for Money Forward'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.

* Premium members only.

Money Forward Debt-to-Equity Chart

Money Forward Annual Data

Trend

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Debt-to-Equity

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0.69

0.68

0.21

0.52

1.07

Money Forward Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Debt-to-Equity	Get a 7-Day Free Trial															0.77	1.19	1.07	1.11	1.11

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

For the Software - Application subindustry, Money Forward'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.

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

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

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

Money Forward Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Money Forward's Debt to Equity Ratio for the fiscal year that ended in Nov. 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
	=	(52.014	+	135.489)	/	174.87
	=	1.07

Money Forward's Debt to Equity Ratio for the quarter that ended in May. 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
	=	(57.711	+	126.58)	/	165.544
	=	1.11

Money Forward (FRA:47D) 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.

Money Forward Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Money Forward's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Money Forward Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Money Forward Inc (FRA:47D) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MNYFF:USA 3994:Japan

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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