Keijidoushakan Co (TSE:7680) Debt-to-Equity : 4.59 (As of Oct. 2023)

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What is Keijidoushakan Co Debt-to-Equity?

Keijidoushakan Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was 円543 Mil. Keijidoushakan Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was 円434 Mil. Keijidoushakan Co's Total Stockholders Equity for the quarter that ended in Oct. 2023 was 円213 Mil. Keijidoushakan Co's debt to equity for the quarter that ended in Oct. 2023 was 4.58.

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

TSE:7680' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.41 Med: 4.07 Max: 4.77
Current: 4.59

During the past 6 years, the highest Debt-to-Equity Ratio of Keijidoushakan Co was 4.77. The lowest was 2.41. And the median was 4.07.

TSE:7680's Debt-to-Equity is not ranked
in the Vehicles & Parts industry.
Industry Median: 0.47 vs TSE:7680: 4.59

Keijidoushakan Co Debt-to-Equity Historical Data

The historical data trend for Keijidoushakan 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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Keijidoushakan Co Debt-to-Equity Chart

Keijidoushakan Co Annual Data

Trend

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

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2.74

3.87

4.07

4.49

4.77

Keijidoushakan Co Semi-Annual Data
	Apr18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial						4.33	4.49	4.38	4.77	4.59

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

For the Auto & Truck Dealerships subindustry, Keijidoushakan 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.

Keijidoushakan Co's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Keijidoushakan Co's Debt-to-Equity distribution charts can be found below:

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

Keijidoushakan Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Keijidoushakan Co's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(606.63	+	390.91)	/	209.135
	=	4.77

Keijidoushakan Co's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(542.952	+	433.761)	/	213.028
	=	4.58

Keijidoushakan Co (TSE:7680) 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.

Keijidoushakan Co Debt-to-Equity Related Terms

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Keijidoushakan Co (TSE:7680) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Keijidoushakan Co Ltd (TSE:7680) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10, 3, 3, 2, Sumida, Hokkaido, Sapporo, JPN, 002-0860

Website

http://www.keijidousyakan.com

Keijidoushakan Co Ltd is a dealer of new car and middle-aged cars. The company is also engaged in insurance agency business, automatic car parts, automatic car repair.

Keijidoushakan Co (TSE:7680) Headlines

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