MEDIROM Healthcare Technologies (MEDIROM Healthcare Technologies) Debt-to-Equity : 17.30 (As of Dec. 2023)

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What is MEDIROM Healthcare Technologies Debt-to-Equity?

MEDIROM Healthcare Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8.78 Mil. MEDIROM Healthcare Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $16.57 Mil. MEDIROM Healthcare Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1.47 Mil. MEDIROM Healthcare Technologies's debt to equity for the quarter that ended in Dec. 2023 was 17.30.

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 MEDIROM Healthcare Technologies's Debt-to-Equity or its related term are showing as below:

MRM' s Debt-to-Equity Range Over the Past 10 Years
Min: -54.43 Med: -4.73 Max: 17.3
Current: 17.3

During the past 6 years, the highest Debt-to-Equity Ratio of MEDIROM Healthcare Technologies was 17.30. The lowest was -54.43. And the median was -4.73.

MRM's Debt-to-Equity is ranked worse than
97.78% of 90 companies
in the Personal Services industry
Industry Median: 0.745 vs MRM: 17.30

MEDIROM Healthcare Technologies Debt-to-Equity Historical Data

The historical data trend for MEDIROM Healthcare Technologies'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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MEDIROM Healthcare Technologies Debt-to-Equity Chart

MEDIROM Healthcare Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.94

5.22

-13.41

-54.43

17.30

MEDIROM Healthcare Technologies Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						-13.41	-7.09	-54.43	-7.89	17.30

Competitive Comparison of MEDIROM Healthcare Technologies's Debt-to-Equity

For the Personal Services subindustry, MEDIROM Healthcare Technologies'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.

MEDIROM Healthcare Technologies's Debt-to-Equity Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, MEDIROM Healthcare Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where MEDIROM Healthcare Technologies's Debt-to-Equity falls into.

MEDIROM Healthcare Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MEDIROM Healthcare Technologies's Debt to Equity Ratio for the fiscal year 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
	=	(8.778	+	16.568)	/	1.465
	=	17.30

MEDIROM Healthcare Technologies'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
	=	(8.778	+	16.568)	/	1.465
	=	17.30

MEDIROM Healthcare Technologies (NAS:MRM) 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.

MEDIROM Healthcare Technologies Debt-to-Equity Related Terms

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MEDIROM Healthcare Technologies (MEDIROM Healthcare Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » MEDIROM Healthcare Technologies Inc (NAS:MRM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-3-1 Daiba, Minato-ku, 16th Floor Tradepia Odaiba, Tokyo, JPN, 135-0091

Website

https://www.medirom.co.jp

MEDIROM Healthcare Technologies Inc provides health services. The company is a franchiser and operator of healthcare salons and operates in segments namely Relaxation Salon, Digital Preventative Healthcare, and Luxury Beauty Segment. The company generates a majority of its revenue from the Relaxation Salon business segment. Geographically, the company generates a maximum share of its revenue from Japan.