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QLS Holdings Co (NGO:7075) Debt-to-Equity : 1.75 (As of Mar. 2024)


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What is QLS Holdings Co Debt-to-Equity?

QLS Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円771 Mil. QLS Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円1,179 Mil. QLS Holdings Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円1,117 Mil. QLS Holdings Co's debt to equity for the quarter that ended in Mar. 2024 was 1.75.

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 QLS Holdings Co's Debt-to-Equity or its related term are showing as below:

NGO:7075' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.75   Med: 2.7   Max: 6.3
Current: 1.75

During the past 6 years, the highest Debt-to-Equity Ratio of QLS Holdings Co was 6.30. The lowest was 1.75. And the median was 2.70.

NGO:7075's Debt-to-Equity is ranked worse than
84.96% of 911 companies
in the Business Services industry
Industry Median: 0.37 vs NGO:7075: 1.75

QLS Holdings Co Debt-to-Equity Historical Data

The historical data trend for QLS Holdings Co'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.

QLS Holdings Co Debt-to-Equity Chart

QLS Holdings Co Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial 2.56 5.33 6.30 2.80 1.75

QLS Holdings Co Quarterly Data
Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.80 2.15 1.81 1.70 1.75

Competitive Comparison of QLS Holdings Co's Debt-to-Equity

For the Consulting Services subindustry, QLS Holdings Co'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.


QLS Holdings Co's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, QLS Holdings Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where QLS Holdings Co's Debt-to-Equity falls into.



QLS Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

QLS Holdings Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

QLS Holdings Co's Debt to Equity Ratio for the quarter that ended in Mar. 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.


QLS Holdings Co  (NGO:7075) 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.


QLS Holdings Co Debt-to-Equity Related Terms

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


QLS Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
1-12-5 Namba Naka, 3rd floor, Namba Muromachi Building, Naniwa-ku, Osaka- shi, Osaka, JPN, 545-0053
QLS Holdings Co Ltd is a Japanese based company engaged in the control and management of the business activities of a stock company.

QLS Holdings Co Headlines

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