CEDAR Co (TSE:2435) Debt-to-Equity: 7.04 (As of Mar. 2026) — 46% Below Median

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TSE:2435 CEDAR Co Ltd TSE:2435
65 GF Score
Price 円208.00
GF Value 円238.72
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is CEDAR Co Debt-to-Equity?

CEDAR Co TSE:2435 65 Debt-to-Equity is 7.04 as of Mar. 2026, which is 46% below its 10-year median of 13.02. GuruFocus rates TSE:2435 with a GF Score™ of 65/100 and a GF Value™ of 円238.72 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 565 Healthcare Providers & Services companies, CEDAR Co ranks worse than 98.76% on this metric.

CEDAR Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円4,918 Mil. CEDAR Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円8,880 Mil. CEDAR Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was 円1,960 Mil. CEDAR Co's debt to equity for the quarter that ended in Mar. 2026 was 7.04.

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

TSE:2435' s Debt-to-Equity Range Over the Past 10 Years
Min: 7.04   Med: 13.02   Max: 17.59
Current: 7.59

During the past 13 years, the highest Debt-to-Equity Ratio of CEDAR Co was 17.59. The lowest was 7.04. And the median was 13.02.

TSE:2435's Debt-to-Equity is ranked worse than
98.76% of 565 companies
in the Healthcare Providers & Services industry
Industry Median: 0.43 vs TSE:2435: 7.59

CEDAR Co  (TSE:2435) 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.


CEDAR Co Debt-to-Equity Related Terms


CEDAR Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for CEDAR 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.

CEDAR Co Debt-to-Equity Chart

CEDAR Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.69 17.59 14.03 9.75 7.04

CEDAR Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.69 8.72 7.58 7.04 7.59

TSE:2435 vs HCA, THC, EHC: Debt-to-Equity Comparison

For the Medical Care Facilities subindustry, CEDAR 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.


CEDAR Co Debt-to-Equity vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, CEDAR Co's Debt-to-Equity distribution charts can be found below:

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


TSE:2435
65GF Score
CEDAR Co Ltd TSE:2435
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CEDAR Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CEDAR Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

CEDAR Co's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 7.04 mean?
CEDAR Co (TSE:2435) has a Debt-to-Equity of 7.04 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CEDAR Co and its competitors. This is 46% below median its historical median of 13.02. Over the past decade, CEDAR Co's Debt-to-Equity has ranged from 7.04 to 17.59. According to the industry distribution chart, CEDAR Co ranks #558 out of 565 companies in the Healthcare Providers & Services industry, placing it in the top 98.8%.
Is CEDAR Co's Debt-to-Equity too high?
CEDAR Co's current Debt-to-Equity of 7.04 is 46% below median its 10-year median of 13.02. Over the past 10 years, this metric has ranged from a low of 7.04 to a high of 17.59. The Healthcare Providers & Services industry median Debt-to-Equity is 0.43. CEDAR Co's value of 7.04 is 1537.2% above this industry median. Based on the distribution chart, CEDAR Co ranks #558 out of 565 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, CEDAR Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CEDAR Co's Debt-to-Equity compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, CEDAR Co ranks #558 out of 565 companies for Debt-to-Equity. This places CEDAR Co in the lower half of its industry. The industry median Debt-to-Equity is 0.43. CEDAR Co's value of 7.04 is 1537.2% above this benchmark. Historically, CEDAR Co's own Debt-to-Equity has ranged from 7.04 to 17.59 over the past decade. While the company's 10-year median is 13.02 vs. the industry median of 0.43, CEDAR Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Healthcare Providers & Services company?
The median Debt-to-Equity among Healthcare Providers & Services companies is 0.43, based on 565 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CEDAR Co's current Debt-to-Equity of 7.04 is 1537.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CEDAR Co and its competitors. For the Healthcare Providers & Services industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CEDAR Co's current Debt-to-Equity is 7.04, which is 46% below median its own 10-year median of 13.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEDAR Co stock overvalued right now?
Based on GuruFocus' analysis, CEDAR Co (TSE:2435) is currently considered Modestly Undervalued. The stock's GF Value™ is 円238.72, compared to a current price of 円208.00 — trading 12.9% below its estimated fair value. The current Debt-to-Equity is 7.04, which is 46% below median its 10-year median of 13.02 and 1537.2% above the Healthcare Providers & Services industry median of 0.43. CEDAR Co's overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For CEDAR Co (TSE:2435), the current Debt-to-Equity is 7.04 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CEDAR Co (TSE:2435) Overvalued in 2026?

Based on GuruFocus' analysis, CEDAR Co stock appears to be undervalued. The current stock price of 円208.00 is trading 12.9% below its estimated GF Value™ of 円238.72. GuruFocus considers CEDAR Co to be Modestly Undervalued.

Key valuation signals for TSE:2435:

  • Debt-to-Equity: 7.04 (46% below median its 10-year median of 13.02)
  • GF Value™: 円238.72 vs. price of 円208.00 (12.9% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 1537.2% above the Healthcare Providers & Services median (#558 of 565)

No single metric tells the full story. See the TSE:2435 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CEDAR Co Business Description

Address 1-7-19 Ohata, Fukuoka Prefecture, Kitakyushu, JPN, 802-0026
CEDAR Co Ltd is engaged in providing long-term care facilities in Japan. The services offered by the company include paid nursing homes, visiting nursing stations, helper stations, and care plan centers.
65GF Score

Get the complete analysis for TSE:2435

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円208.00
Price
円238.72
GF Value