Caica Digital (TSE:2315) Debt-to-Equity : 0.02 (As of Jan. 2024)

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What is Caica Digital Debt-to-Equity?

Caica Digital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円50 Mil. Caica Digital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円0 Mil. Caica Digital's Total Stockholders Equity for the quarter that ended in Jan. 2024 was 円2,043 Mil. Caica Digital's debt to equity for the quarter that ended in Jan. 2024 was 0.02.

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

TSE:2315' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.45 Med: 0.3 Max: 6.84
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Caica Digital was 6.84. The lowest was -5.45. And the median was 0.30.

TSE:2315's Debt-to-Equity is ranked better than
92.31% of 2224 companies
in the Software industry
Industry Median: 0.21 vs TSE:2315: 0.02

Caica Digital Debt-to-Equity Historical Data

The historical data trend for Caica Digital'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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Caica Digital Debt-to-Equity Chart

Caica Digital Annual Data

Trend

Mar14

Mar15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

Get a 7-Day Free Trial

0.59

0.13

0.09

0.17

0.03

Caica Digital 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															0.14	0.07	0.08	0.03	0.02

Competitive Comparison of Caica Digital's Debt-to-Equity

For the Information Technology Services subindustry, Caica Digital'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.

Caica Digital's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Caica Digital's Debt-to-Equity distribution charts can be found below:

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

Caica Digital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Caica Digital'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
	=	(70	+	0)	/	2179.843
	=	0.03

Caica Digital'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
	=	(50	+	0)	/	2043.204
	=	0.02

Caica Digital (TSE:2315) 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.

Caica Digital Debt-to-Equity Related Terms

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Caica Digital (TSE:2315) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Caica Digital Inc (TSE:2315) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cross Air Tower, 1-5-1 Ohashi, Meguro-ku, Tokyo, JPN, 153-0044

Website

http://www.caica.jp

Caica Digital Inc is a Japanese company engaged in providing information services such as system development, offshore development, infrastructure, and provision of system-related consulting and maintenance support services. CAICA develops systems that include business package software development and distribution for information service providers. It offers industry solutions for banks, insurance, securities, department stores, convenience stores and transportation industry.

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