BayCurrent Consulting (TSE:6532) Debt-to-Equity : 0.13 (As of Feb. 2024)

View and export this data going back to 2016. Start your Free Trial

What is BayCurrent Consulting Debt-to-Equity?

BayCurrent Consulting's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円2,820 Mil. BayCurrent Consulting's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円6,835 Mil. BayCurrent Consulting's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円74,127 Mil. BayCurrent Consulting's debt to equity for the quarter that ended in Feb. 2024 was 0.13.

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

TSE:6532' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.33 Max: 1.17
Current: 0.13

During the past 9 years, the highest Debt-to-Equity Ratio of BayCurrent Consulting was 1.17. The lowest was 0.07. And the median was 0.33.

TSE:6532's Debt-to-Equity is ranked better than
73.3% of 929 companies
in the Business Services industry
Industry Median: 0.39 vs TSE:6532: 0.13

BayCurrent Consulting Debt-to-Equity Historical Data

The historical data trend for BayCurrent Consulting'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.

BayCurrent Consulting Debt-to-Equity Chart

BayCurrent Consulting Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-Equity

Get a 7-Day Free Trial

0.33

0.23

0.13

0.07

0.13

BayCurrent Consulting Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.07	0.06	0.18	0.16	0.13

Competitive Comparison of BayCurrent Consulting's Debt-to-Equity

For the Consulting Services subindustry, BayCurrent Consulting'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.

BayCurrent Consulting's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, BayCurrent Consulting's Debt-to-Equity distribution charts can be found below:

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

BayCurrent Consulting Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BayCurrent Consulting's Debt to Equity Ratio for the fiscal year 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
	=	(2820	+	6835)	/	74127
	=	0.13

BayCurrent Consulting'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
	=	(2820	+	6835)	/	74127
	=	0.13

BayCurrent Consulting (TSE:6532) 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.

BayCurrent Consulting Debt-to-Equity Related Terms

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

BayCurrent Consulting (TSE:6532) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » BayCurrent Consulting Inc (TSE:6532) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BYCRF:USA

Address

23-1, Toranomon 1-Chome, Toranomon Hills Mori Tower, 9th floor, Minato-ku, Tokyo, JPN, 105-6309

Website

http://www.baycurrent.co.jp

BayCurrent Consulting Inc offers comprehensive consulting services in a wide variety of industries. It offers Strategy Business Process Consulting, Information Technology (IT) Consulting, and System Integration. The Strategy Business Process Consulting covers company or business strategy, M&A alliances, digital strategy, turn-around, globalization, innovation, and marketing or sales strategy. The IT Consulting includes IT strategy, governance, organizational improvement, cost optimization, architecture, asset evaluation, talent development, and Request for Proposal (RFP) creation. The System Integration handles system design, development and infrastructure operation and maintenance.

BayCurrent Consulting (TSE:6532) Headlines

No Headlines