Tsuchiya Holdings Co (TSE:1840) Debt-to-Equity : 0.50 (As of Apr. 2024)

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What is Tsuchiya Holdings Co Debt-to-Equity?

Tsuchiya Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was 円1,727 Mil. Tsuchiya Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was 円3,964 Mil. Tsuchiya Holdings Co's Total Stockholders Equity for the quarter that ended in Apr. 2024 was 円11,468 Mil. Tsuchiya Holdings Co's debt to equity for the quarter that ended in Apr. 2024 was 0.50.

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

TSE:1840' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.08 Max: 0.51
Current: 0.5

During the past 13 years, the highest Debt-to-Equity Ratio of Tsuchiya Holdings Co was 0.51. The lowest was 0.00. And the median was 0.08.

TSE:1840's Debt-to-Equity is ranked better than
51.11% of 90 companies
in the Homebuilding & Construction industry
Industry Median: 0.505 vs TSE:1840: 0.50

Tsuchiya Holdings Co Debt-to-Equity Historical Data

The historical data trend for Tsuchiya 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.

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Tsuchiya Holdings Co Debt-to-Equity Chart

Tsuchiya Holdings Co Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

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0.01

0.24

Tsuchiya Holdings Co Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Debt-to-Equity	Get a 7-Day Free Trial															0.38	0.45	0.24	0.51	0.50

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

For the Residential Construction subindustry, Tsuchiya 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.

Tsuchiya Holdings Co's Debt-to-Equity Distribution in the Homebuilding & Construction Industry

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

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

Tsuchiya Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tsuchiya Holdings Co's Debt to Equity Ratio for the fiscal year that ended in Oct. 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
	=	(27.507	+	2959.715)	/	12339.137
	=	0.24

Tsuchiya Holdings Co's Debt to Equity Ratio for the quarter that ended in Apr. 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
	=	(1727.057	+	3964.438)	/	11467.547
	=	0.50

Tsuchiya Holdings Co (TSE:1840) 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.

Tsuchiya Holdings Co Debt-to-Equity Related Terms

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Tsuchiya Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Tsuchiya Holdings Co Ltd (TSE:1840) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-7 Nishi Kita-kujo, Kita-ku, Sapporo, JPN, 060-0809

Website

http://www.tsuchiya.co.jp

Tsuchiya Holdings Co Ltd is a Japan-based construction company. The company is mainly engaged in the design and construction of custom homes, expansion remodeling business, real estate sales business and renovation business. Other services offered by the company include property management for owners, support for building elderly facilities, vacant house and land management services.

Tsuchiya Holdings Co Headlines

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