Digital Garage (TSE:4819) Debt-to-Equity : 0.75 (As of Mar. 2024)

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What is Digital Garage Debt-to-Equity?

Digital Garage's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円55,706 Mil. Digital Garage's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円11,633 Mil. Digital Garage's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円89,251 Mil. Digital Garage's debt to equity for the quarter that ended in Mar. 2024 was 0.75.

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 Digital Garage's Debt-to-Equity or its related term are showing as below:

TSE:4819' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41 Med: 0.66 Max: 1.01
Current: 0.75

During the past 13 years, the highest Debt-to-Equity Ratio of Digital Garage was 1.01. The lowest was 0.41. And the median was 0.66.

TSE:4819's Debt-to-Equity is ranked worse than
80.67% of 2204 companies
in the Software industry
Industry Median: 0.2 vs TSE:4819: 0.75

Digital Garage Debt-to-Equity Historical Data

The historical data trend for Digital Garage'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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Digital Garage Debt-to-Equity Chart

Digital Garage Annual Data

Trend

Jun15

Jun16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.83

0.73

0.52

0.66

0.75

Digital Garage 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															0.66	0.69	0.83	0.86	0.75

Competitive Comparison of Digital Garage's Debt-to-Equity

For the Information Technology Services subindustry, Digital Garage'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.

Digital Garage's Debt-to-Equity Distribution in the Software Industry

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

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

Digital Garage Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Digital Garage'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
	=	(55706	+	11633)	/	89251
	=	0.75

Digital Garage'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
	=	(55706	+	11633)	/	89251
	=	0.75

Digital Garage (TSE:4819) 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.

Digital Garage Debt-to-Equity Related Terms

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Digital Garage (TSE:4819) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Digital Garage Inc (TSE:4819) » Definitions » Debt-to-Equity

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DLGEF:USA

Address

Daikanyama DG Bldg., Tokyo, JPN

Website

http://www.garage.co.jp

Digital Garage Inc integrates three technologies--information technology, marketing technology, and financial technology--into one solution that it provides to its business customers. The company operates three primary business segments. The incubation segment invests in and develops startups and new businesses. The marketing segment provides advertising and promotion solutions that reach consumers. The financial segment offers payment solutions to monetize Internet businesses. The marketing and financial segments provide most of the company's revenue. Digital Garage operates primarily in Japan.

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