Broad-Minded Co (TSE:7343) Debt-to-Equity : 0.00 (As of Sep. 2024)

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What is Broad-Minded Co Debt-to-Equity?

Broad-Minded Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円1 Mil. Broad-Minded Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円1 Mil. Broad-Minded Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円3,749 Mil. Broad-Minded Co's debt to equity for the quarter that ended in Sep. 2024 was 0.00.

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

During the past 6 years, the highest Debt-to-Equity Ratio of Broad-Minded Co was 0.24. The lowest was 0.00. And the median was 0.02.

TSE:7343's Debt-to-Equity is not ranked ^*
in the Insurance industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Broad-Minded Co Debt-to-Equity Historical Data

The historical data trend for Broad-Minded 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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Broad-Minded Co Debt-to-Equity Chart

Broad-Minded Co Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.24

0.11

0.02

Broad-Minded Co Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial												-	-	-	-	-

Competitive Comparison of Broad-Minded Co's Debt-to-Equity

For the Insurance - Diversified subindustry, Broad-Minded 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.

Broad-Minded Co's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Broad-Minded Co's Debt-to-Equity distribution charts can be found below:

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

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Broad-Minded Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Broad-Minded Co'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
	=	(1.508	+	2.128)	/	3902.673
	=	0.00

Broad-Minded Co'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
	=	(1.392	+	1.432)	/	3748.737
	=	0.00

Broad-Minded Co (TSE:7343) 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.

Broad-Minded Co Debt-to-Equity Related Terms

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Broad-Minded Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Broad-Minded Co Ltd (TSE:7343) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-5-5 Ebisuminami, Shibuya-ku, Tokyo, JPN, 150?0022

Website

https://www.b-minded.com

Broad-Minded Co Ltd is engaged in providing one-stop solutions for individuals and corporations in the Life insurance / non-life insurance / small amount short-term insurance agency business, housing loan agency business, financial instruments intermediary service, and real estate transaction business.

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