Aichi Financial Group (TSE:7389) Debt-to-Equity : 0.85 (As of Dec. 2023)

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What is Aichi Financial Group Debt-to-Equity?

Aichi Financial Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Aichi Financial Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円294,735 Mil. Aichi Financial Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円348,342 Mil. Aichi Financial Group's debt to equity for the quarter that ended in Dec. 2023 was 0.85.

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 Aichi Financial Group's Debt-to-Equity or its related term are showing as below:

TSE:7389' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.86 Med: 1.27 Max: 1.67
Current: 0.86

During the past 2 years, the highest Debt-to-Equity Ratio of Aichi Financial Group was 1.67. The lowest was 0.86. And the median was 1.27.

TSE:7389's Debt-to-Equity is ranked worse than
58.33% of 1404 companies
in the Banks industry
Industry Median: 0.66 vs TSE:7389: 0.86

Aichi Financial Group Debt-to-Equity Historical Data

The historical data trend for Aichi Financial Group'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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Aichi Financial Group Debt-to-Equity Chart

Aichi Financial Group Annual Data

Trend

Mar23

Mar24

Debt-to-Equity

1.67

0.86

Aichi Financial Group Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial			1.67	1.46	1.05	0.85	0.86

Competitive Comparison of Aichi Financial Group's Debt-to-Equity

For the Banks - Regional subindustry, Aichi Financial Group'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.

Aichi Financial Group's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Aichi Financial Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Aichi Financial Group's Debt-to-Equity falls into.

Aichi Financial Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aichi Financial Group'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
	=	(0	+	326089)	/	379528
	=	0.86

Aichi Financial Group'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	+	294735)	/	348342
	=	0.85

Aichi Financial Group (TSE:7389) 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.

Aichi Financial Group Debt-to-Equity Related Terms

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Aichi Financial Group (TSE:7389) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Aichi Financial Group Inc (TSE:7389) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-14-12, Sakae, Naka-ku, Nagoya-shi, Aichi, JPN, 460-8678

Website

https://www.aichi-fg.co.jp

Aichi Financial Group Inc is involved in the banking business. It provides banking products and services.

Aichi Financial Group (TSE:7389) Headlines

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