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FTGroup Co (TSE:2763) Debt-to-Equity : 0.13 (As of Sep. 2024)


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What is FTGroup Co Debt-to-Equity?

FTGroup Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円1,677 Mil. FTGroup Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円1,688 Mil. FTGroup Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円26,864 Mil. FTGroup Co's debt to equity for the quarter that ended in Sep. 2024 was 0.13.

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

TSE:2763' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.31   Max: 1.02
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of FTGroup Co was 1.02. The lowest was 0.07. And the median was 0.31.

TSE:2763's Debt-to-Equity is ranked better than
68.38% of 2182 companies
in the Hardware industry
Industry Median: 0.29 vs TSE:2763: 0.13

FTGroup Co Debt-to-Equity Historical Data

The historical data trend for FTGroup 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.

FTGroup Co Debt-to-Equity Chart

FTGroup Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 1.02 0.50 0.25 0.16

FTGroup Co 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 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 0.21 0.19 0.19 0.16 0.13

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

For the Communication Equipment subindustry, FTGroup 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.


FTGroup Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, FTGroup Co's Debt-to-Equity distribution charts can be found below:

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



FTGroup Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FTGroup Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

FTGroup Co's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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.


FTGroup Co  (TSE:2763) 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.


FTGroup Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of FTGroup Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


FTGroup Co Business Description

Traded in Other Exchanges
N/A
Address
2-13-6 Nihonbashi Kakigara-cho, Jowa-Suitengu Building, Chuo-ku, Tokyo, JPN, 103 0014
FTGroup Co Ltd is a Japanese based company offering communication devices. It offers a range of products and services including business phones, office automation equipment, internet service provider (ISP) services, broadband services, corporate mobiles, DoCoMo shop operations, marking supplies (or printer consumables), light-emitting diode (LED) lights and photovoltaic system. It also provides fiber line service, internet services, and mobile solutions as well as develops and manages franchises.

FTGroup Co Headlines

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