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Arnest One (TSE:8895) Debt-to-Equity : 0.29 (As of Dec. 2013)


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What is Arnest One Debt-to-Equity?

Arnest One's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was 円19,571 Mil. Arnest One's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was 円1,573 Mil. Arnest One's Total Stockholders Equity for the quarter that ended in Dec. 2013 was 円74,194 Mil. Arnest One's debt to equity for the quarter that ended in Dec. 2013 was 0.28.

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 Arnest One's Debt-to-Equity or its related term are showing as below:

TSE:8895's Debt-to-Equity is not ranked *
in the Homebuilding & Construction industry.
Industry Median: 0.535
* Ranked among companies with meaningful Debt-to-Equity only.

Arnest One Debt-to-Equity Historical Data

The historical data trend for Arnest One'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.

* Premium members only.

Arnest One Debt-to-Equity Chart

Arnest One Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.67 0.16 0.21 0.10 0.10

Arnest One Quarterly Data
Mar05 Mar06 Mar07 Mar08 Mar10 Mar11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.10 0.27 0.22 0.29

Competitive Comparison of Arnest One's Debt-to-Equity

For the Residential Construction subindustry, Arnest One'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.


Arnest One's Debt-to-Equity Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Arnest One's Debt-to-Equity distribution charts can be found below:

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



Arnest One Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Arnest One's Debt to Equity Ratio for the fiscal year that ended in Mar. 2013 is calculated as

Arnest One's Debt to Equity Ratio for the quarter that ended in Dec. 2013 is calculated as

* 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.


Arnest One  (TSE:8895) 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.


Arnest One Debt-to-Equity Related Terms

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Arnest One (TSE:8895) Business Description

Traded in Other Exchanges
N/A
Address
3-2-22 Kitahara-cho, Nishi-tokyo-shi, Tokyo, JPN, 188-0003
Arnest One Corp is a Japanese company mainly engaged in subdividing and selling single-family home and condominiums. The company also provides construction works as a contractor. Its business is classified into three groups, Single-Family Homes, Condominiums and other related business.

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