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Johnan Academic Preparatory Institute (TSE:4720) Debt-to-Equity : 0.31 (As of Dec. 2023)


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What is Johnan Academic Preparatory Institute Debt-to-Equity?

Johnan Academic Preparatory Institute's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円268 Mil. Johnan Academic Preparatory Institute's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円339 Mil. Johnan Academic Preparatory Institute's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円1,984 Mil. Johnan Academic Preparatory Institute's debt to equity for the quarter that ended in Dec. 2023 was 0.31.

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 Johnan Academic Preparatory Institute's Debt-to-Equity or its related term are showing as below:

TSE:4720' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.32   Max: 0.48
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Johnan Academic Preparatory Institute was 0.48. The lowest was 0.00. And the median was 0.32.

TSE:4720's Debt-to-Equity is ranked better than
51.79% of 224 companies
in the Education industry
Industry Median: 0.34 vs TSE:4720: 0.31

Johnan Academic Preparatory Institute Debt-to-Equity Historical Data

The historical data trend for Johnan Academic Preparatory Institute'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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Johnan Academic Preparatory Institute Debt-to-Equity Chart

Johnan Academic Preparatory Institute 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 0.02 0.05 0.33 0.45 0.41

Johnan Academic Preparatory Institute 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 0.44 0.41 0.41 0.33 0.31

Competitive Comparison of Johnan Academic Preparatory Institute's Debt-to-Equity

For the Education & Training Services subindustry, Johnan Academic Preparatory Institute'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.


Johnan Academic Preparatory Institute's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Johnan Academic Preparatory Institute's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Johnan Academic Preparatory Institute's Debt-to-Equity falls into.



Johnan Academic Preparatory Institute Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Johnan Academic Preparatory Institute's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Johnan Academic Preparatory Institute'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.


Johnan Academic Preparatory Institute  (TSE:4720) 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.


Johnan Academic Preparatory Institute Debt-to-Equity Related Terms

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Johnan Academic Preparatory Institute (TSE:4720) Business Description

Traded in Other Exchanges
N/A
Address
22-2 Ekimae Hon-cho, Kanagawa Prefecture, Kawasaki, JPN
Johnan Academic Preparatory Institute Inc is a Japan-based company engages in the education business. It provides learning materials support and electronic learning services for elementary and junior high school students.

Johnan Academic Preparatory Institute (TSE:4720) Headlines

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