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Ichishin Holdings Co (TSE:4645) Debt-to-Equity : 2.33 (As of Feb. 2024)


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What is Ichishin Holdings Co Debt-to-Equity?

Ichishin Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円1,135 Mil. Ichishin Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円5,150 Mil. Ichishin Holdings Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円2,699 Mil. Ichishin Holdings Co's debt to equity for the quarter that ended in Feb. 2024 was 2.33.

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

TSE:4645' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.32   Med: 2.8   Max: 4.05
Current: 2.33

During the past 13 years, the highest Debt-to-Equity Ratio of Ichishin Holdings Co was 4.05. The lowest was 2.32. And the median was 2.80.

TSE:4645's Debt-to-Equity is ranked worse than
92.86% of 224 companies
in the Education industry
Industry Median: 0.345 vs TSE:4645: 2.33

Ichishin Holdings Co Debt-to-Equity Historical Data

The historical data trend for Ichishin Holdings 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.

Ichishin Holdings Co Debt-to-Equity Chart

Ichishin Holdings Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.43 4.05 3.11 2.67 2.33

Ichishin Holdings Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.67 3.47 2.52 2.62 2.33

Competitive Comparison of Ichishin Holdings Co's Debt-to-Equity

For the Education & Training Services subindustry, Ichishin Holdings 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.


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

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

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



Ichishin Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ichishin Holdings Co's Debt to Equity Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Ichishin Holdings Co's Debt to Equity Ratio for the quarter that ended in Feb. 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.


Ichishin Holdings Co  (TSE:4645) 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.


Ichishin Holdings Co Debt-to-Equity Related Terms

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Ichishin Holdings Co (TSE:4645) Business Description

Traded in Other Exchanges
N/A
Address
2-3-11 Yawata, Chiba, Ichikawa, JPN
Ichishin Holdings Co Ltd is engaged in the education business. It provides curriculum, instruction, and examination materials for elementary and secondary schools. It is also involved in the provision of group tutorial, individual tutorial, and video tutorial services.

Ichishin Holdings Co (TSE:4645) Headlines

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