Nanto Bank (TSE:8367) Debt-to-Equity : 1.14 (As of Sep. 2024)

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What is Nanto Bank Debt-to-Equity?

Nanto Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円0 Mil. Nanto Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円341,753 Mil. Nanto Bank's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円299,666 Mil. Nanto Bank's debt to equity for the quarter that ended in Sep. 2024 was 1.14.

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

TSE:8367' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48 Med: 0.82 Max: 3.11
Current: 1.14

During the past 13 years, the highest Debt-to-Equity Ratio of Nanto Bank was 3.11. The lowest was 0.48. And the median was 0.82.

TSE:8367's Debt-to-Equity is ranked worse than
70.53% of 1449 companies
in the Banks industry
Industry Median: 0.63 vs TSE:8367: 1.14

Nanto Bank Debt-to-Equity Historical Data

The historical data trend for Nanto 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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Nanto Bank Debt-to-Equity Chart

Nanto Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.58

2.16

3.11

1.37

1.21

Nanto Bank Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															1.33	1.43	1.21	N/A	1.14

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

For the Banks - Regional subindustry, Nanto 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.

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

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

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

Nanto Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nanto 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	+	359760)	/	298630
	=	1.20

Nanto Bank'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
	=	(0	+	341753)	/	299666
	=	1.14

Nanto Bank (TSE:8367) 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.

Nanto Bank Debt-to-Equity Related Terms

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Nanto Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nanto Bank Ltd (TSE:8367) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Hashimoto-cho, Nara, JPN, 630-8677

Website

http://www.nantobank.co.jp

Nanto Bank Ltd is a Japanese regional bank operating primarily in the Nara Prefecture, but extending to neighboring prefectures in Japan. The bank reports earnings through two segments: banking and securities, and leasing. It also operates a credit guarantee, computer software development and service, and a credit card business. The bank's strategy emphasizes regional market penetration. Most of the bank's earning assets are in loans and bills discounted and securities. Nanto Bank generates a majority of income through net interest income, followed by fees and commissions.

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