ESCRIT (TSE:2196) Debt-to-Equity : 1.50 (As of Sep. 2024)

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What is ESCRIT Debt-to-Equity?

ESCRIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円2,301 Mil. ESCRIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円6,367 Mil. ESCRIT's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円5,769 Mil. ESCRIT's debt to equity for the quarter that ended in Sep. 2024 was 1.50.

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

TSE:2196' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.83 Med: 1.74 Max: 2.99
Current: 1.5

During the past 13 years, the highest Debt-to-Equity Ratio of ESCRIT was 2.99. The lowest was 0.83. And the median was 1.74.

TSE:2196's Debt-to-Equity is ranked worse than
73.26% of 86 companies
in the Personal Services industry
Industry Median: 0.7 vs TSE:2196: 1.50

ESCRIT Debt-to-Equity Historical Data

The historical data trend for ESCRIT'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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ESCRIT Debt-to-Equity Chart

ESCRIT Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.91

1.98

1.81

1.66

1.47

ESCRIT Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															1.70	1.74	1.47	1.47	1.50

Competitive Comparison of ESCRIT's Debt-to-Equity

For the Personal Services subindustry, ESCRIT'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.

ESCRIT's Debt-to-Equity Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, ESCRIT's Debt-to-Equity distribution charts can be found below:

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

ESCRIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ESCRIT's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(2842.477	+	6324.615)	/	6241.949
	=	1.47

ESCRIT's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(2300.522	+	6366.55)	/	5768.599
	=	1.50

ESCRIT (TSE:2196) 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.

ESCRIT Debt-to-Equity Related Terms

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ESCRIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » ESCRIT Inc (TSE:2196) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-14-1 Nishi-Shimbashi Minato-ku, Kowa Nishi-Shinbashi Building B Building, Tokyo, JPN, 105-0003

Website

http://www.escrit.jp

ESCRIT Inc is engaged in the bridal business planning and management of wedding ceremony and reception. The company operates its business in two divisions including bridal related services and building real estate business. In the bridal division, it arranges one-stop services including dresses and hair makeup. The real estate business builds real estate according to customer's needs, such as design house, renovation proposal, resort development and store design construction.

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