Hyakugo Bank (TSE:8368) Debt-to-Equity : 2.11 (As of Dec. 2023)

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What is Hyakugo Bank Debt-to-Equity?

Hyakugo Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Hyakugo Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円909,472 Mil. Hyakugo Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円431,769 Mil. Hyakugo Bank's debt to equity for the quarter that ended in Dec. 2023 was 2.11.

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

TSE:8368' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 1.64 Max: 2.82
Current: 2.21

During the past 13 years, the highest Debt-to-Equity Ratio of Hyakugo Bank was 2.82. The lowest was 0.24. And the median was 1.64.

TSE:8368's Debt-to-Equity is ranked worse than
85.89% of 1396 companies
in the Banks industry
Industry Median: 0.65 vs TSE:8368: 2.21

Hyakugo Bank Debt-to-Equity Historical Data

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

Hyakugo Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.71

2.28

2.82

2.14

2.21

Hyakugo 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															2.14	1.80	1.89	2.11	2.21

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

For the Banks - Regional subindustry, Hyakugo 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.

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

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

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

Hyakugo Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hyakugo 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	+	1099857)	/	496918
	=	2.21

Hyakugo 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	+	909472)	/	431769
	=	2.11

Hyakugo Bank (TSE:8368) 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.

Hyakugo Bank Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Hyakugo Bank's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Hyakugo Bank (TSE:8368) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hyakugo Bank Ltd (TSE:8368) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

8368:Japan

Address

21-27, Iwata, Tsu, Mie, JPN, 514-8666

Website

http://www.hyakugo.co.jp

Hyakugo Bank Ltd is a Japanese bank that operates primarily in the Mie and Aichi prefectures. The bank's earning assets are just over half in loans and bills discounted and just under half in securities. Its loan portfolio is a diverse mix of loans to individuals, consumers, and small and medium-size companies. Housing loans dominate most loans made to consumers. Most outstanding loans to small and medium-size companies are in the manufacturing, real estate, wholesale and retail, government, financial services, and construction industries. Nearly all of the loans are made in the region the bank operates in. The bank's deposit base mostly originates from individuals.

Hyakugo Bank (TSE:8368) Headlines

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