Balleggs Co (TSE:239A) Debt-to-Equity : 2.37 (As of Sep. 2024)

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What is Balleggs Co Debt-to-Equity?

Balleggs Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円671 Mil. Balleggs Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円1,403 Mil. Balleggs Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円876 Mil. Balleggs Co's debt to equity for the quarter that ended in Sep. 2024 was 2.37.

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

TSE:239A' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.1 Med: 2.03 Max: 2.37
Current: 2.37

During the past 3 years, the highest Debt-to-Equity Ratio of Balleggs Co was 2.37. The lowest was 1.10. And the median was 2.03.

TSE:239A's Debt-to-Equity is not ranked
in the Real Estate industry.
Industry Median: 0.71 vs TSE:239A: 2.37

Balleggs Co Debt-to-Equity Historical Data

The historical data trend for Balleggs 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.

* Premium members only.

Balleggs Co Debt-to-Equity Chart

Balleggs Co Annual Data

Trend

Sep22

Sep23

Sep24

Debt-to-Equity

1.10

2.03

2.37

Balleggs Co Semi-Annual Data
	Sep22	Sep23	Mar24	Sep24
Debt-to-Equity	1.10	2.03	2.81	2.37

Competitive Comparison of Balleggs Co's Debt-to-Equity

For the Real Estate Services subindustry, Balleggs 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.

Balleggs Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Balleggs Co's Debt-to-Equity distribution charts can be found below:

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

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Balleggs Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Balleggs Co's Debt to Equity Ratio for the fiscal year 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
	=	(671.218	+	1402.735)	/	876.13
	=	2.37

Balleggs Co'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
	=	(671.218	+	1402.735)	/	876.13
	=	2.37

Balleggs Co (TSE:239A) 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.

Balleggs Co Debt-to-Equity Related Terms

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Balleggs Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Balleggs Co Ltd (TSE:239A) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-5-21 Takaban, Meguro-ku, Tokyo, JPN, 152-0004

Website

https://www.balleggs.jp

Balleggs Co Ltd is engaged in the real estate leasing brokerage business, property management business, real estate purchase and sales brokerage business, renovating construction and New housing construction orders and others.

Balleggs Co Headlines

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