Lancers (TSE:4484) Debt-to-Equity : 0.51 (As of Sep. 2024)

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What is Lancers Debt-to-Equity?

Lancers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円67 Mil. Lancers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円559 Mil. Lancers's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円1,229 Mil. Lancers's debt to equity for the quarter that ended in Sep. 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 Lancers's Debt-to-Equity or its related term are showing as below:

TSE:4484' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.45 Max: 1.37
Current: 0.51

During the past 7 years, the highest Debt-to-Equity Ratio of Lancers was 1.37. The lowest was 0.15. And the median was 0.45.

TSE:4484's Debt-to-Equity is ranked worse than
72.26% of 2210 companies
in the Software industry
Industry Median: 0.2 vs TSE:4484: 0.51

Lancers Debt-to-Equity Historical Data

The historical data trend for Lancers'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.

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Lancers Debt-to-Equity Chart

Lancers Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.43

0.56

Lancers 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															0.49	0.41	0.39	0.56	0.51

Competitive Comparison of Lancers's Debt-to-Equity

For the Software - Application subindustry, Lancers'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.

Lancers's Debt-to-Equity Distribution in the Software Industry

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

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

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Lancers Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lancers's Debt to Equity Ratio for the fiscal year 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
	=	(67.08	+	594.35)	/	1181.635
	=	0.56

Lancers's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(67.08	+	559.15)	/	1229.293
	=	0.51

Lancers (TSE:4484) 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.

Lancers Debt-to-Equity Related Terms

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

Lancers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Lancers Inc (TSE:4484) » Definitions » Debt-to-Equity

Comparable Companies

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Address

Tokyo Shibuya-ku Shibuya 3-chome, 10-13 TOKYU REIT Shibuya R Building 9th Floor, Tokyo, JPN, 150-0002

Website

https://www.lancers.co.jp

Lancers Inc is a freelance jobs information company based in Tokyo. The company has partnered with SAP Japan to offer a platform for freelancers to take advantage of companies who provide SAP based working opportunities.

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