Teno Holdings Co (TSE:7037) Debt-to-Equity : 2.88 (As of Mar. 2024)

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What is Teno Holdings Co Debt-to-Equity?

Teno Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円3,324 Mil. Teno Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円3,062 Mil. Teno Holdings Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円2,214 Mil. Teno Holdings Co's debt to equity for the quarter that ended in Mar. 2024 was 2.88.

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 Teno Holdings Co's Debt-to-Equity or its related term are showing as below:

TSE:7037' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.37 Med: 1.85 Max: 5.39
Current: 2.88

During the past 8 years, the highest Debt-to-Equity Ratio of Teno Holdings Co was 5.39. The lowest was 1.37. And the median was 1.85.

TSE:7037's Debt-to-Equity is ranked worse than
92.38% of 551 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs TSE:7037: 2.88

Teno Holdings Co Debt-to-Equity Historical Data

The historical data trend for Teno Holdings Co'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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Teno Holdings Co Debt-to-Equity Chart

Teno Holdings Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.52

1.65

1.45

2.26

2.12

Teno Holdings Co 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															2.78	2.04	2.16	2.12	2.88

Competitive Comparison of Teno Holdings Co's Debt-to-Equity

For the Medical Care Facilities subindustry, Teno Holdings Co'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.

Teno Holdings Co's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

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

Teno Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Teno Holdings Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(1908	+	2855)	/	2242
	=	2.12

Teno Holdings Co'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
	=	(3324	+	3062)	/	2214
	=	2.88

Teno Holdings Co (TSE:7037) 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.

Teno Holdings Co Debt-to-Equity Related Terms

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Teno Holdings Co (TSE:7037) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Teno Holdings Co Ltd (TSE:7037) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10-10 Kamigofukumachi, Hakata-ku, Gofukumachi Business Center 5F, Kamigofuku-cho, Yubinbango, Fukuoka, JPN, 812-0036

Website

https://www.teno.co.jp

Teno Holdings Co Ltd is a Japanese company offering childcare related services. Its service offerings include Public child care including Aiai nursery school, Hoppeland, and Childcare room, Consignment childcare include In-hospital/business establishment childcare and School childcare, and Home comprehensive service including Babysitter service, Mothering service, Housekeeping service, Temp staffing service, Teno School (tenoSCHOOL), Temporary nursing care at the event, Nursing care service, and Teno. Children's Room.

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