The First Bank of Toyama (TSE:7184) Debt-to-Equity : 0.19 (As of Dec. 2023)

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What is The First Bank of Toyama Debt-to-Equity?

The First Bank of Toyama's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. The First Bank of Toyama's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円25,125 Mil. The First Bank of Toyama's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円132,225 Mil. The First Bank of Toyama's debt to equity for the quarter that ended in Dec. 2023 was 0.19.

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 The First Bank of Toyama's Debt-to-Equity or its related term are showing as below:

TSE:7184' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.45 Max: 0.72
Current: 0.19

During the past 9 years, the highest Debt-to-Equity Ratio of The First Bank of Toyama was 0.72. The lowest was 0.17. And the median was 0.45.

TSE:7184's Debt-to-Equity is ranked better than
82.76% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs TSE:7184: 0.19

The First Bank of Toyama Debt-to-Equity Historical Data

The historical data trend for The First Bank of Toyama'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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The First Bank of Toyama Debt-to-Equity Chart

The First Bank of Toyama Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.32

0.56

0.55

0.56

0.21

The First Bank of Toyama Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.55	0.21	0.17	0.23	0.19

Competitive Comparison of The First Bank of Toyama's Debt-to-Equity

For the Banks - Regional subindustry, The First Bank of Toyama'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.

The First Bank of Toyama's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The First Bank of Toyama's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where The First Bank of Toyama's Debt-to-Equity falls into.

The First Bank of Toyama Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The First Bank of Toyama's Debt to Equity Ratio for the fiscal year that ended in Mar. 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	+	23965)	/	115121
	=	0.21

The First Bank of Toyama's Debt to Equity Ratio for the quarter 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
	=	(0	+	25125)	/	132225
	=	0.19

The First Bank of Toyama (TSE:7184) 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.

The First Bank of Toyama Debt-to-Equity Related Terms

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The First Bank of Toyama (TSE:7184) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The First Bank of Toyama Ltd (TSE:7184) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-1, Nishi-cho Toyama-, Toyama, JPN, 930-8630

Website

https://www.first-bank.co.jp

The First Bank of Toyama Ltd is a regional bank which provides commercial banking services including deposits, savings, loans, foreign exchange transactions. It offers general accounts; time, savings, periodical, foreign currency, and other deposits; housing, auto, educational, reform, free, and card loans; mutual funds; and public bond, financial brokerage, pension, and insurance products. The First Bank of Toyama also provides information and financial services such as leasing and securities investments.

The First Bank of Toyama (TSE:7184) Headlines

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