GreenEnergy (TSE:1436) Debt-to-Equity : 0.72 (As of Jan. 2024)

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What is GreenEnergy Debt-to-Equity?

GreenEnergy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円1,779 Mil. GreenEnergy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円1,726 Mil. GreenEnergy's Total Stockholders Equity for the quarter that ended in Jan. 2024 was 円4,845 Mil. GreenEnergy's debt to equity for the quarter that ended in Jan. 2024 was 0.72.

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

TSE:1436' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.5 Max: 0.92
Current: 0.72

During the past 9 years, the highest Debt-to-Equity Ratio of GreenEnergy was 0.92. The lowest was 0.20. And the median was 0.50.

TSE:1436's Debt-to-Equity is ranked worse than
66.69% of 1525 companies
in the Construction industry
Industry Median: 0.44 vs TSE:1436: 0.72

GreenEnergy Debt-to-Equity Historical Data

The historical data trend for GreenEnergy'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.

GreenEnergy Debt-to-Equity Chart

GreenEnergy Annual Data

Trend

Mar15

Mar16

Mar17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

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0.42

0.52

0.91

0.79

GreenEnergy Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.89	0.79	0.81	0.61	0.72

Competitive Comparison of GreenEnergy's Debt-to-Equity

For the Engineering & Construction subindustry, GreenEnergy'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.

GreenEnergy's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, GreenEnergy's Debt-to-Equity distribution charts can be found below:

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

GreenEnergy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GreenEnergy's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(1897.3	+	1841.585)	/	4751.494
	=	0.79

GreenEnergy's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(1778.627	+	1726.203)	/	4844.531
	=	0.72

GreenEnergy (TSE:1436) 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.

GreenEnergy Debt-to-Equity Related Terms

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

GreenEnergy (TSE:1436) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » GreenEnergy & Co (TSE:1436) » Definitions » Debt-to-Equity

Comparable Companies

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Address

28-13 Shibuya 3-chome Shibuya-ku, Shibuya Shinagami Building, 2th floor, Tokyo, JPN, 150-0002

Website

https://www.fit-group.jp

Fit Corporation is engaged in development and operation of renewable energy systems, planning, design and construction and sale of standard housing and condominiums, and runs a chain style business providing services to investment point of contact FC merchants. Its clean energy business includes solar power generation, wind power, construction and management of biomass power generation facilities, development and operation of other clean energy systems.

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