Gunma Bank (TSE:8334) Debt-to-Equity : 2.24 (As of Dec. 2023)

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What is Gunma Bank Debt-to-Equity?

Gunma Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Gunma Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,205,005 Mil. Gunma Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円537,184 Mil. Gunma Bank's debt to equity for the quarter that ended in Dec. 2023 was 2.24.

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 Gunma Bank's Debt-to-Equity or its related term are showing as below:

TSE:8334' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.62 Med: 1 Max: 3.09
Current: 2.14

During the past 13 years, the highest Debt-to-Equity Ratio of Gunma Bank was 3.09. The lowest was 0.62. And the median was 1.00.

TSE:8334's Debt-to-Equity is ranked worse than
85.29% of 1394 companies
in the Banks industry
Industry Median: 0.66 vs TSE:8334: 2.14

Gunma Bank Debt-to-Equity Historical Data

The historical data trend for Gunma Bank'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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Gunma Bank Debt-to-Equity Chart

Gunma Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.10

2.53

3.09

1.98

2.14

Gunma Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.98	2.20	2.35	2.24	2.14

Competitive Comparison of Gunma Bank's Debt-to-Equity

For the Banks - Regional subindustry, Gunma Bank'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.

Gunma Bank's Debt-to-Equity Distribution in the Banks Industry

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

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

Gunma Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gunma Bank'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	+	1227184)	/	573094
	=	2.14

Gunma Bank'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	+	1205005)	/	537184
	=	2.24

Gunma Bank (TSE:8334) 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.

Gunma Bank Debt-to-Equity Related Terms

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Gunma Bank (TSE:8334) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Gunma Bank Ltd (TSE:8334) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

194 Motosojamachi, Gunma Prefecture, Maebashi, JPN, 371-8611

Website

http://www.gunmabank.co.jp

Gunma Bank Ltd is a Japan-based company that is principally engaged in providing banking services. As a regional bank, the company conducts businesses mainly in Gunma Prefecture and neighboring areas. The company's core segments include the banking segment and the leasing segment, with the banking segment contributing most of the company's revenue. The company also has a securities business, a guarantee business, a credit card business, and other businesses.

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