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Medical Net (TSE:3645) Debt-to-Equity : 0.51 (As of Feb. 2024)


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What is Medical Net Debt-to-Equity?

Medical Net's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円894 Mil. Medical Net's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円91 Mil. Medical Net's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円1,944 Mil. Medical Net's debt to equity for the quarter that ended in Feb. 2024 was 0.51.

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

TSE:3645' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.39   Max: 0.51
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of Medical Net was 0.51. The lowest was 0.06. And the median was 0.39.

TSE:3645's Debt-to-Equity is ranked worse than
76.72% of 421 companies
in the Interactive Media industry
Industry Median: 0.16 vs TSE:3645: 0.51

Medical Net Debt-to-Equity Historical Data

The historical data trend for Medical Net'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.

Medical Net Debt-to-Equity Chart

Medical Net Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.41 0.31 0.45 0.41

Medical Net 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 0.41 0.41 0.43 0.41 0.51

Competitive Comparison of Medical Net's Debt-to-Equity

For the Internet Content & Information subindustry, Medical Net'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.


Medical Net's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Medical Net's Debt-to-Equity distribution charts can be found below:

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



Medical Net Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Medical Net's Debt to Equity Ratio for the fiscal year that ended in May. 2023 is calculated as

Medical Net'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.


Medical Net  (TSE:3645) 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.


Medical Net Debt-to-Equity Related Terms

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


Medical Net (TSE:3645) Business Description

Traded in Other Exchanges
N/A
Address
1-3, Hatagaya 1-Chome Shibuya-ku, Tokyo, JPN, 1510072
Medical Net Inc provides medical and life-related information services utilizing the Internet. The company operates dental implant treatment, orthodontic and aesthetic dental treatment, dental comprehensive information, and dental professional job sites; and offers dental clinic management support services, as well as dental related enterprise marketing support services.

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