Tokyu Fudosan Holdings (TSE:3289) Debt-to-Equity : 2.23 (As of Dec. 2023)

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What is Tokyu Fudosan Holdings Debt-to-Equity?

Tokyu Fudosan Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円264,581 Mil. Tokyu Fudosan Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,380,521 Mil. Tokyu Fudosan Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円736,342 Mil. Tokyu Fudosan Holdings's debt to equity for the quarter that ended in Dec. 2023 was 2.23.

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 Tokyu Fudosan Holdings's Debt-to-Equity or its related term are showing as below:

TSE:3289' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.15 Med: 2.58 Max: 3.19
Current: 2.23

During the past 13 years, the highest Debt-to-Equity Ratio of Tokyu Fudosan Holdings was 3.19. The lowest was 2.15. And the median was 2.58.

TSE:3289's Debt-to-Equity is ranked worse than
85.98% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs TSE:3289: 2.23

Tokyu Fudosan Holdings Debt-to-Equity Historical Data

The historical data trend for Tokyu Fudosan Holdings'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.

Tokyu Fudosan Holdings Debt-to-Equity Chart

Tokyu Fudosan Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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2.30

2.33

2.48

2.25

2.17

Tokyu Fudosan Holdings 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															2.18	2.17	2.25	2.27	2.23

Competitive Comparison of Tokyu Fudosan Holdings's Debt-to-Equity

For the Real Estate - Diversified subindustry, Tokyu Fudosan Holdings'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.

Tokyu Fudosan Holdings's Debt-to-Equity Distribution in the Real Estate Industry

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

* The bar in red indicates where Tokyu Fudosan Holdings's Debt-to-Equity falls into.

Tokyu Fudosan Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tokyu Fudosan Holdings'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
	=	(166431	+	1316501)	/	684630
	=	2.17

Tokyu Fudosan Holdings'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
	=	(264581	+	1380521)	/	736342
	=	2.23

Tokyu Fudosan Holdings (TSE:3289) 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.

Tokyu Fudosan Holdings Debt-to-Equity Related Terms

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Tokyu Fudosan Holdings (TSE:3289) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tokyu Fudosan Holdings Corp (TSE:3289) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TTUUF:USA

Address

Shin-nanpeidai Tokyu Building, Dogenzaka 1-21-2, Shibuya-ku, Tokyo, JPN

Website

http://www.tokyu-fudosan-hd.co.jp

Tokyu Fudosan Holdings Corp engages in the management and administration of a host of businesses. The business that compose Tokyu Fudosan Holdings operate in the following business segments: urban development, residential, wellness, innovation, property management, real estate agency, and tokyu hands. Altogether, the group develops, leases, and operates office buildings, commercial facilities, rental residences, and other properties. Tokyu's host of businesses also engage in management and operation of resort facilities, sports clubs, and senior housing. Businesses like the innovation segment serve as a complement and include overseas operations, custom homes, renovation, and landscaping.

Tokyu Fudosan Holdings (TSE:3289) Headlines

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