TSON Co (TSE:3456) Debt-to-Equity : 1.76 (As of Jun. 2023)

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What is TSON Co Debt-to-Equity?

TSON Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was 円713 Mil. TSON Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was 円224 Mil. TSON Co's Total Stockholders Equity for the quarter that ended in Jun. 2023 was 円533 Mil. TSON Co's debt to equity for the quarter that ended in Jun. 2023 was 1.76.

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

TSE:3456' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54 Med: 0.92 Max: 1.76
Current: 1.76

During the past 10 years, the highest Debt-to-Equity Ratio of TSON Co was 1.76. The lowest was 0.54. And the median was 0.92.

TSE:3456's Debt-to-Equity is not ranked
in the Real Estate industry.
Industry Median: 0.76 vs TSE:3456: 1.76

TSON Co Debt-to-Equity Historical Data

The historical data trend for TSON 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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TSON Co Debt-to-Equity Chart

TSON Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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1.05

0.92

0.67

0.54

1.76

TSON Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial														0.67	0.54	0.54	1.04	1.76

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

For the Real Estate Services subindustry, TSON 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.

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

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

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

TSON Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TSON Co's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(713.371	+	223.853)	/	533.117
	=	1.76

TSON Co's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(713.371	+	223.853)	/	533.117
	=	1.76

TSON Co (TSE:3456) 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.

TSON Co Debt-to-Equity Related Terms

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TSON Co (TSE:3456) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TSON Co Ltd (TSE:3456) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-22-8 Meieki, Nakamura-ku, Aichi Prefecture, Nagoya, JPN

Website

http://www.tson.co.jp

TSON Co Ltd provides real estate services. The company is engaged in constructions, contracting and design & construction of civil engineering work, design of rental housing and construction management. It also provides Consulting for planning business of advertisement promotion activities of enterprises, advertising agency business, land utilization, asset utilization.

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