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e'grand Co (TSE:3294) Debt-to-Equity : 1.54 (As of Dec. 2023)


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What is e'grand Co Debt-to-Equity?

e'grand Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円8,146 Mil. e'grand Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円8,101 Mil. e'grand Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円10,570 Mil. e'grand Co's debt to equity for the quarter that ended in Dec. 2023 was 1.54.

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

TSE:3294' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.29   Med: 1.6   Max: 1.84
Current: 1.54

During the past 11 years, the highest Debt-to-Equity Ratio of e'grand Co was 1.84. The lowest was 1.29. And the median was 1.60.

TSE:3294's Debt-to-Equity is ranked worse than
75.05% of 1583 companies
in the Real Estate industry
Industry Median: 0.76 vs TSE:3294: 1.54

e'grand Co Debt-to-Equity Historical Data

The historical data trend for e'grand 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.

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e'grand Co Debt-to-Equity Chart

e'grand Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 1.36 1.38 1.45 1.52

e'grand Co 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 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 1.48 1.52 1.59 1.65 1.54

Competitive Comparison of e'grand Co's Debt-to-Equity

For the Real Estate Services subindustry, e'grand 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.


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

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

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



e'grand Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

e'grand Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

e'grand Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


e'grand Co  (TSE:3294) 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.


e'grand Co Debt-to-Equity Related Terms

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e'grand Co (TSE:3294) Business Description

Traded in Other Exchanges
N/A
Address
Hulic Kishimachi Building, 7th floor, 1 - 2-1 Kanda Nishikicho, Tokyo, JPN, 101-0054
e'grand Co.,Ltd renovates and sells existing houses. The Company also operates real-estate leasing and remodeling construction business. Geographically, the business activities are carried out through Japan.

e'grand Co (TSE:3294) Headlines

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