GDEP Advance (TSE:5885) Debt-to-Equity : 0.00 (As of Feb. 2024)

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What is GDEP Advance Debt-to-Equity?

GDEP Advance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円0 Mil. GDEP Advance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円0 Mil. GDEP Advance's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円2,264 Mil. GDEP Advance's debt to equity for the quarter that ended in Feb. 2024 was 0.00.

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 GDEP Advance's Debt-to-Equity or its related term are showing as below:

During the past 3 years, the highest Debt-to-Equity Ratio of GDEP Advance was 0.31. The lowest was 0.31. And the median was 0.31.

TSE:5885's Debt-to-Equity is not ranked ^*
in the Hardware industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

GDEP Advance Debt-to-Equity Historical Data

The historical data trend for GDEP Advance'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.

GDEP Advance Debt-to-Equity Chart

GDEP Advance Annual Data

Trend

May21

May22

May23

Debt-to-Equity

GDEP Advance Quarterly Data
	May21	May22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial			0.31	-	-	-	-

Competitive Comparison of GDEP Advance's Debt-to-Equity

For the Computer Hardware subindustry, GDEP Advance'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.

GDEP Advance's Debt-to-Equity Distribution in the Hardware Industry

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

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

GDEP Advance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GDEP Advance's Debt to Equity Ratio for the fiscal year that ended in May. 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)	/	1522.71
	=	0.00

GDEP Advance's Debt to Equity Ratio for the quarter that ended in Feb. 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
	=	(0	+	0)	/	2264.341
	=	0.00

GDEP Advance (TSE:5885) 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.

GDEP Advance Debt-to-Equity Related Terms

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GDEP Advance (TSE:5885) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GDEP Advance Inc (TSE:5885) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-4-33 Kokubuncho, 8th floor, Sendai Jozenji Building, Aoba-ku, Sendai, JPN, 980-0803

Website

https://info.gdep.co.jp

GDEP Advance Inc is engaged in the Sales Business of hardware and other products that enable advanced processing such as AI learning. The company's products include Graphic boards, Computing boards, FPGA boards, Deep learning boxes, fsv-rm1u4b, and others.

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