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Findex (TSE:3649) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Findex Debt-to-Equity?

Findex's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円0 Mil. Findex's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円0 Mil. Findex's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円5,257 Mil. Findex's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Findex was 0.03. The lowest was 0.00. And the median was 0.00.

TSE:3649's Debt-to-Equity is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 0.49
* Ranked among companies with meaningful Debt-to-Equity only.

Findex Debt-to-Equity Historical Data

The historical data trend for Findex'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.

Findex Debt-to-Equity Chart

Findex Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.01 - -

Findex Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Findex's Debt-to-Equity

For the Health Information Services subindustry, Findex'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.


Findex's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Findex's Debt-to-Equity distribution charts can be found below:

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



Findex Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Findex's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Findex's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Findex  (TSE:3649) 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.


Findex Debt-to-Equity Related Terms

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


Findex (TSE:3649) Business Description

Traded in Other Exchanges
N/A
Address
4-9-6, Sanbancho Matsuyama, Ehime, Matsuyama, JPN, 790-0003
Findex Inc provides the systems that can be all managed images and documents of all departments to hospitals including university hospitals on the concept of integrated data management.

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