Healthcare & Medical Investment (TSE:3455) Debt-to-Equity : 1.02 (As of Jan. 2024)

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What is Healthcare & Medical Investment Debt-to-Equity?

Healthcare & Medical Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円7,550 Mil. Healthcare & Medical Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円31,600 Mil. Healthcare & Medical Investment's Total Stockholders Equity for the quarter that ended in Jan. 2024 was 円38,537 Mil. Healthcare & Medical Investment's debt to equity for the quarter that ended in Jan. 2024 was 1.02.

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 Healthcare & Medical Investment's Debt-to-Equity or its related term are showing as below:

TSE:3455' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.92 Med: 1.01 Max: 1.11
Current: 1.02

During the past 10 years, the highest Debt-to-Equity Ratio of Healthcare & Medical Investment was 1.11. The lowest was 0.92. And the median was 1.01.

TSE:3455's Debt-to-Equity is ranked worse than
68.5% of 692 companies
in the REITs industry
Industry Median: 0.79 vs TSE:3455: 1.02

Healthcare & Medical Investment Debt-to-Equity Historical Data

The historical data trend for Healthcare & Medical Investment'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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Healthcare & Medical Investment Debt-to-Equity Chart

Healthcare & Medical Investment Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Debt-to-Equity

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0.94

1.01

1.00

1.01

N/A

Healthcare & Medical Investment Semi-Annual Data
	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24
Debt-to-Equity	Get a 7-Day Free Trial														1.00	1.01	1.01	1.02	N/A

Competitive Comparison of Healthcare & Medical Investment's Debt-to-Equity

For the REIT - Healthcare Facilities subindustry, Healthcare & Medical Investment'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.

Healthcare & Medical Investment's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Healthcare & Medical Investment's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Healthcare & Medical Investment's Debt-to-Equity falls into.

Healthcare & Medical Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Healthcare & Medical Investment's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(9250	+	29900)	/	38617.945
	=	1.01

Healthcare & Medical Investment's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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
	=	(7550	+	31600)	/	38536.987
	=	1.02

Healthcare & Medical Investment (TSE:3455) 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.

Healthcare & Medical Investment Debt-to-Equity Related Terms

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

Healthcare & Medical Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Healthcare & Medical Investment Corp (TSE:3455) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-3, Kanda-ogawamachi, Chiyoda-ku, Tokyo, JPN

Website

http://www.hcm3455.co.jp

Healthcare & Medical Investment Corp is an investment company, which invests in nursing homes facilities and medical related real properties. The company aims to achieve stable earnings from mid- to long-term perspectives through investment in real estate and other related assets. The firm primarily invests in facilities and buildings for the elderly, as well as medical related facilities.

Healthcare & Medical Investment Headlines

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