Tama Home Co (TSE:1419) Debt-to-Equity : 0.58 (As of Feb. 2024)

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What is Tama Home Co Debt-to-Equity?

Tama Home Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円13,323 Mil. Tama Home Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円4,273 Mil. Tama Home Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円30,340 Mil. Tama Home Co's debt to equity for the quarter that ended in Feb. 2024 was 0.58.

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

TSE:1419' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.51 Med: 1.37 Max: 3.1
Current: 0.58

During the past 12 years, the highest Debt-to-Equity Ratio of Tama Home Co was 3.10. The lowest was 0.51. And the median was 1.37.

TSE:1419's Debt-to-Equity is ranked worse than
54.26% of 94 companies
in the Homebuilding & Construction industry
Industry Median: 0.545 vs TSE:1419: 0.58

Tama Home Co Debt-to-Equity Historical Data

The historical data trend for Tama Home 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.

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Tama Home Co Debt-to-Equity Chart

Tama Home Co Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Debt-to-Equity

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1.09

1.29

0.58

0.54

0.53

Tama Home Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.55	0.53	0.56	0.58	0.58

Competitive Comparison of Tama Home Co's Debt-to-Equity

For the Residential Construction subindustry, Tama Home 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.

Tama Home Co's Debt-to-Equity Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Tama Home Co's Debt-to-Equity distribution charts can be found below:

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

Tama Home Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tama Home Co's Debt to Equity Ratio for the fiscal year that ended in May. 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
	=	(14643	+	3803)	/	34875
	=	0.53

Tama Home Co's Debt to Equity Ratio for the quarter that ended in Feb. 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
	=	(13323	+	4273)	/	30340
	=	0.58

Tama Home Co (TSE:1419) 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.

Tama Home Co Debt-to-Equity Related Terms

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Tama Home Co (TSE:1419) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Tama Home Co Ltd (TSE:1419) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-22-9 Takanawa, Minato-ku, Tokyo, JPN, 108-0074

Website

http://www.tamahome.jp

Tama Home Co Ltd is engaged in construction, architectural design, real estate, and insurance agency. It operates through the segments namely Housing Segment, Real Estate Segment, Financial Segment and Other Business Segment. It is involved in construction contractor for custom-built homes, multi-unit homes, the sale of residential lots, development and sale of condominiums and subleasing of office buildings. In addition, it also includes insurance agency services for fire, earthquake, additional policies and agency services, the sale of home furniture and interior construction work, construction contractor for retail facilities and others. It is also involved in the energy and restaurant business. The company generates the majority of its revenue from the Housing segment.

Tama Home Co (TSE:1419) Headlines

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