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Kasumigaseki Capital Co (TSE:3498) Debt-to-Equity : 1.24 (As of Feb. 2024)


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What is Kasumigaseki Capital Co Debt-to-Equity?

Kasumigaseki Capital Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円17,125 Mil. Kasumigaseki Capital Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円11,349 Mil. Kasumigaseki Capital Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円22,976 Mil. Kasumigaseki Capital Co's debt to equity for the quarter that ended in Feb. 2024 was 1.24.

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

TSE:3498' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.03   Med: 2.48   Max: 4.87
Current: 1.24

During the past 8 years, the highest Debt-to-Equity Ratio of Kasumigaseki Capital Co was 4.87. The lowest was 1.03. And the median was 2.48.

TSE:3498's Debt-to-Equity is ranked worse than
76.06% of 472 companies
in the Conglomerates industry
Industry Median: 0.55 vs TSE:3498: 1.24

Kasumigaseki Capital Co Debt-to-Equity Historical Data

The historical data trend for Kasumigaseki Capital 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.

Kasumigaseki Capital Co Debt-to-Equity Chart

Kasumigaseki Capital Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-Equity
Get a 7-Day Free Trial 2.80 1.03 1.54 1.98 2.53

Kasumigaseki Capital Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.61 2.88 2.53 2.78 1.24

Competitive Comparison of Kasumigaseki Capital Co's Debt-to-Equity

For the Conglomerates subindustry, Kasumigaseki Capital 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.


Kasumigaseki Capital Co's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kasumigaseki Capital Co's Debt-to-Equity distribution charts can be found below:

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



Kasumigaseki Capital Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kasumigaseki Capital Co's Debt to Equity Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Kasumigaseki Capital Co's Debt to Equity Ratio for the quarter that ended in Feb. 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.


Kasumigaseki Capital Co  (TSE:3498) 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.


Kasumigaseki Capital Co Debt-to-Equity Related Terms

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Kasumigaseki Capital Co (TSE:3498) Business Description

Traded in Other Exchanges
N/A
Address
Kamagashira Common Gate West Building 20th Floor, Kasumigaseki 3-chome 2 - 1, Kasumigaseki, Chiyoda - ku, Tokyo, JPN, 100-0013
Kasumigaseki Capital Co Ltd is engaged in the management and operation of power generation business by natural energy such as solar, wind power and biomass. Further, it is also involved in the real estate sale, leasing, brokerage and operation of shopping center.

Kasumigaseki Capital Co (TSE:3498) Headlines

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