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TAC Co (TSE:4319) Debt-to-Equity : 0.93 (As of Sep. 2024)


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What is TAC Co Debt-to-Equity?

TAC Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円4,373 Mil. TAC Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円1,527 Mil. TAC Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円6,379 Mil. TAC Co's debt to equity for the quarter that ended in Sep. 2024 was 0.92.

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

TSE:4319' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.68   Med: 1.05   Max: 1.86
Current: 0.93

During the past 13 years, the highest Debt-to-Equity Ratio of TAC Co was 1.86. The lowest was 0.68. And the median was 1.05.

TSE:4319's Debt-to-Equity is ranked worse than
76.42% of 229 companies
in the Education industry
Industry Median: 0.29 vs TSE:4319: 0.93

TAC Co Debt-to-Equity Historical Data

The historical data trend for TAC 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.

TAC Co Debt-to-Equity Chart

TAC Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.77 0.83 0.86 0.96

TAC Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 0.81 0.94 1.01 0.96 0.93

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

For the Education & Training Services subindustry, TAC 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.


TAC Co's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, TAC Co's Debt-to-Equity distribution charts can be found below:

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



TAC Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TAC Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

TAC Co's Debt to Equity Ratio for the quarter that ended in Sep. 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.


TAC Co  (TSE:4319) 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.


TAC Co Debt-to-Equity Related Terms

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


TAC Co Business Description

Traded in Other Exchanges
N/A
Address
3-2-18 Misaki-cho, Tokyo, JPN
TAC Co Ltd is a Japan-based company engages in providing educational services. The company is engaged in the personal education, corporate training, publishing, and manpower businesses. Its personal education business division offers preparatory courses for qualifications for individual students and provides training for corporations.

TAC Co Headlines

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