Hope (TSE:6195) Debt-to-Equity : 0.23 (As of Sep. 2024)

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What is Hope Debt-to-Equity?

Hope's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円219 Mil. Hope's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円0 Mil. Hope's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円959 Mil. Hope's debt to equity for the quarter that ended in Sep. 2024 was 0.23.

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

TSE:6195' s Debt-to-Equity Range Over the Past 10 Years
Min: -10.26 Med: 0.31 Max: 2.75
Current: 0.23

During the past 9 years, the highest Debt-to-Equity Ratio of Hope was 2.75. The lowest was -10.26. And the median was 0.31.

TSE:6195's Debt-to-Equity is ranked better than
55.34% of 833 companies
in the Media - Diversified industry
Industry Median: 0.26 vs TSE:6195: 0.23

Hope Debt-to-Equity Historical Data

The historical data trend for Hope'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.

Hope Debt-to-Equity Chart

Hope Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Mar23

Mar24

Debt-to-Equity

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0.99

1.27

-0.76

1.07

0.20

Hope Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.43	0.38	0.31	0.20	0.23

Competitive Comparison of Hope's Debt-to-Equity

For the Advertising Agencies subindustry, Hope'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.

Hope's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hope's Debt-to-Equity distribution charts can be found below:

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

Hope Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hope'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
	=	(199.593	+	0)	/	1003.163
	=	0.20

Hope's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(219.093	+	0)	/	959.23
	=	0.23

Hope (TSE:6195) 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.

Hope Debt-to-Equity Related Terms

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

Hope Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hope Inc (TSE:6195) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-14-5 Yakuin, 7th Floor, MG Yakuin Building, Fukuoka, JPN, 810-0022

Website

http://www.zaigenkakuho.com

Hope Inc provides services specialized for local governments to secure financial resources and reduce expenses. The company, along with its subsidiaries, operates in the following reportable segments; Advertising Business, Jichitai Works Business, and Others. A majority of its revenue is generated from the Advertising business, which involves purchasing advertising space on various media such as websites, newsletters, tax notices, etc., owned by local governments through bidding and selling it to private companies (smart resource services), collaborating with local governments to publish information booklets for residents (smart creation services), and offering financial resources consulting to local governments.

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