Freee KK (TSE:4478) Debt-to-Equity : 0.20 (As of Mar. 2024)

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What is Freee KK Debt-to-Equity?

Freee KK's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円3,570 Mil. Freee KK's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円0 Mil. Freee KK's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円18,061 Mil. Freee KK's debt to equity for the quarter that ended in Mar. 2024 was 0.20.

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

TSE:4478' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.2
Current: 0.2

During the past 5 years, the highest Debt-to-Equity Ratio of Freee KK was 0.20. The lowest was 0.00. And the median was 0.01.

TSE:4478's Debt-to-Equity is ranked better than
51.42% of 2219 companies
in the Software industry
Industry Median: 0.21 vs TSE:4478: 0.20

Freee KK Debt-to-Equity Historical Data

The historical data trend for Freee KK'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.

Freee KK Debt-to-Equity Chart

Freee KK Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.01

0.02

Freee KK 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															-	-	-	0.16	0.20

Competitive Comparison of Freee KK's Debt-to-Equity

For the Software - Application subindustry, Freee KK'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.

Freee KK's Debt-to-Equity Distribution in the Software Industry

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

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

Freee KK Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Freee KK's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	26058.154
	=	0.00

Freee KK's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3570	+	0)	/	18061.485
	=	0.20

Freee KK (TSE:4478) 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.

Freee KK Debt-to-Equity Related Terms

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Freee KK (TSE:4478) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Freee KK (TSE:4478) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FREKF:USA

Address

2-8-1 Nishi-Gotanda, Shinagawa-ku, Gotanda First Building 9th Floor, Tokyo, JPN, 141-0031

Website

http://www.freee.co.jp

Freee KK is a developer of cloud-based software. Its software products include Cloud Accounting software, Cloud HR Labor software, Cloud ERP for Midsize companies, among others.

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