GURUFOCUS.COM » STOCK LIST » Technology » Software » Encourage Technologies Co Ltd (TSE:3682) » Definitions » Debt-to-Equity

Encourage Technologies Co (TSE:3682) Debt-to-Equity : 0.00 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Encourage Technologies Co Debt-to-Equity?

Encourage Technologies Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Encourage Technologies Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Encourage Technologies Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円3,343 Mil. Encourage Technologies Co's debt to equity for the quarter that ended in Dec. 2023 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 Encourage Technologies Co's Debt-to-Equity or its related term are showing as below:

TSE:3682's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Encourage Technologies Co Debt-to-Equity Historical Data

The historical data trend for Encourage Technologies 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.

Encourage Technologies Co Debt-to-Equity Chart

Encourage Technologies Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Encourage Technologies Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Encourage Technologies Co's Debt-to-Equity

For the Information Technology Services subindustry, Encourage Technologies 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.


Encourage Technologies Co's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Encourage Technologies Co's Debt-to-Equity distribution charts can be found below:

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



Encourage Technologies Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Encourage Technologies Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Encourage Technologies Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Encourage Technologies Co  (TSE:3682) 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.


Encourage Technologies Co Debt-to-Equity Related Terms

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


Encourage Technologies Co (TSE:3682) Business Description

Traded in Other Exchanges
N/A
Address
Tornare Nihonbashi Hamacho 7F, 3-3-2, Nihonbashi Hama-cho, Chuo-ku, Tokyo, JPN, 103-0007
Encourage Technologies Co., Ltd. develops software which monitors and audits user activity in IT systems. The company also provides maintenance support after the installation of the software as well consulting services.

Encourage Technologies Co (TSE:3682) Headlines

No Headlines