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Charm Care (TSE:6062) Debt-to-Equity : 1.04 (As of Mar. 2024)


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What is Charm Care Debt-to-Equity?

Charm Care's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円9,507 Mil. Charm Care's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円7,360 Mil. Charm Care's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円16,297 Mil. Charm Care's debt to equity for the quarter that ended in Mar. 2024 was 1.03.

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 Charm Care's Debt-to-Equity or its related term are showing as below:

TSE:6062' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.61   Med: 1.56   Max: 3.82
Current: 1.04

During the past 13 years, the highest Debt-to-Equity Ratio of Charm Care was 3.82. The lowest was 0.61. And the median was 1.56.

TSE:6062's Debt-to-Equity is ranked worse than
71.72% of 548 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs TSE:6062: 1.04

Charm Care Debt-to-Equity Historical Data

The historical data trend for Charm Care'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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Charm Care Debt-to-Equity Chart

Charm Care Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.52 0.65 0.75 0.87 0.87

Charm Care 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 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 1.11 0.87 0.90 0.93 1.04

Competitive Comparison of Charm Care's Debt-to-Equity

For the Medical Care Facilities subindustry, Charm Care'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.


Charm Care's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Charm Care's Debt-to-Equity distribution charts can be found below:

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



Charm Care Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Charm Care's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Charm Care's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Charm Care  (TSE:6062) 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.


Charm Care Debt-to-Equity Related Terms

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


Charm Care (TSE:6062) Business Description

Traded in Other Exchanges
N/A
Address
Nakanoshima Mitsui Building, 4th Floor, 3-3-3 Nakanoshima, Kita-ku, Osaka, JPN, 530-0005
Charm Care Corp operates nursing homes. It is a nursing-assisted fee-based nursing home which provides nursing care facility residents living and specific housing type nursing homes, day care services, nursing care, home care support and visiting.

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