HYOJITO Co (TSE:7368) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is HYOJITO Co Debt-to-Equity?

HYOJITO Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円4 Mil. HYOJITO Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円7 Mil. HYOJITO Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円7,301 Mil. HYOJITO Co's debt to equity for the quarter that ended in Dec. 2023 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 HYOJITO Co's Debt-to-Equity or its related term are showing as below:

During the past 5 years, the highest Debt-to-Equity Ratio of HYOJITO Co was 0.02. The lowest was 0.00. And the median was 0.00.

TSE:7368's Debt-to-Equity is not ranked ^*
in the Media - Diversified industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

HYOJITO Co Debt-to-Equity Historical Data

The historical data trend for HYOJITO 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.

* Premium members only.

HYOJITO Co Debt-to-Equity Chart

HYOJITO Co Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.02

0.01

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

Competitive Comparison of HYOJITO Co's Debt-to-Equity

For the Advertising Agencies subindustry, HYOJITO 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.

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

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

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

HYOJITO Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HYOJITO Co'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
	=	(4.006	+	9.077)	/	7292.197
	=	0.00

HYOJITO Co'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
	=	(4.006	+	6.837)	/	7301.141
	=	0.00

HYOJITO Co (TSE:7368) 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.

HYOJITO Co Debt-to-Equity Related Terms

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HYOJITO Co (TSE:7368) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » HYOJITO Co Ltd (TSE:7368) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-2-11 Meieki, Nakamura-ku, Nagoya-shi, Aichi, Nagoya, JPN, 450-0002

Website

https://www.hyojito.co.jp

HYOJITO Co Ltd provides general advertising agency services. It offers handling installation and operation of advertisements on station area guide maps, and advertising such as transit advertising and out-of-home advertising.

HYOJITO Co (TSE:7368) Headlines

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