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MZHOF (Mizuho Financial Group) Debt-to-Equity : 2.12 (As of Sep. 2024)


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What is Mizuho Financial Group Debt-to-Equity?

Mizuho Financial Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $26,762 Mil. Mizuho Financial Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $131,585 Mil. Mizuho Financial Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $74,721 Mil. Mizuho Financial Group's debt to equity for the quarter that ended in Sep. 2024 was 2.12.

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

MZHOF' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.53   Med: 2.13   Max: 2.81
Current: 2.12

During the past 13 years, the highest Debt-to-Equity Ratio of Mizuho Financial Group was 2.81. The lowest was 1.53. And the median was 2.13.

MZHOF's Debt-to-Equity is ranked worse than
86.2% of 1449 companies
in the Banks industry
Industry Median: 0.63 vs MZHOF: 2.12

Mizuho Financial Group Debt-to-Equity Historical Data

The historical data trend for Mizuho Financial 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.

* Premium members only.

Mizuho Financial Group Debt-to-Equity Chart

Mizuho Financial Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 2.34 2.30 2.15 2.04

Mizuho Financial Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.14 2.08 2.04 2.21 2.12

Competitive Comparison of Mizuho Financial Group's Debt-to-Equity

For the Banks - Regional subindustry, Mizuho Financial 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.


Mizuho Financial Group's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mizuho Financial Group's Debt-to-Equity distribution charts can be found below:

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



Mizuho Financial Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mizuho Financial Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Mizuho Financial Group's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* 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.


Mizuho Financial Group  (OTCPK:MZHOF) 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.


Mizuho Financial Group Debt-to-Equity Related Terms

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


Mizuho Financial Group Business Description

Address
1-5-5, Otemachi, Otemachi Tower, Chiyoda-ku, Tokyo, JPN, 100-8176
Mizuho Financial Group is roughly tied with megabank peer Sumitomo Mitsui Financial Group for the status as Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of March 2024, Mizuho's market share of domestic loans was 6.8%, compared with 7.2% for SMFG and 8.0% for MUFG. In Japan, Mizuho has more of a corporate focus than SMFG, which has a larger retail business. Its overseas weighting is slightly smaller than that of MUFG. Unlike its two Japanese megabank peers that own foreign banks outright or hold noncontrolling stakes in local banks overseas, Mizuho expanded in recent years beyond its traditional Japanese borrowers, mainly through its core banking and securities units, focusing on the financing needs of global multinational corporations.