Gendai Agency (TSE:2411) Debt-to-Equity : 0.16 (As of Dec. 2023)

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What is Gendai Agency Debt-to-Equity?

Gendai Agency's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円250 Mil. Gendai Agency's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円418 Mil. Gendai Agency's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円4,117 Mil. Gendai Agency's debt to equity for the quarter that ended in Dec. 2023 was 0.16.

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

TSE:2411' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.18 Max: 0.51
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Gendai Agency was 0.51. The lowest was 0.12. And the median was 0.18.

TSE:2411's Debt-to-Equity is ranked better than
62.51% of 835 companies
in the Media - Diversified industry
Industry Median: 0.28 vs TSE:2411: 0.16

Gendai Agency Debt-to-Equity Historical Data

The historical data trend for Gendai Agency'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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Gendai Agency Debt-to-Equity Chart

Gendai Agency Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.22

0.15

0.18

0.21

0.19

Gendai Agency Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.12	0.19	0.20	0.17	0.16

Competitive Comparison of Gendai Agency's Debt-to-Equity

For the Advertising Agencies subindustry, Gendai Agency'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.

Gendai Agency's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Gendai Agency's Debt-to-Equity distribution charts can be found below:

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

Gendai Agency Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gendai Agency's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(287	+	562)	/	4388
	=	0.19

Gendai Agency's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(250	+	418)	/	4117
	=	0.16

Gendai Agency (TSE:2411) 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.

Gendai Agency Debt-to-Equity Related Terms

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Gendai Agency (TSE:2411) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gendai Agency Inc (TSE:2411) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-20-2 Nishi-Shinjuku, 29th Floor, Tokyo Opera City Building, Shinjuku-ku, Tokyo, JPN, 163-1429

Website

http://www.gendai-a.co.jp

Gendai Agency Inc is engaged in planning and production of advertising and promotions. The company produces a range of advertisement activities and various kinds of other vehicles for communicating information to stimulate customer participation at pachinko parlors. Its business activities include outdoor advertising, advertisement tracking, newspaper and magazines advertisement, newspaper flyers, free circulation newspapers, and others.

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