Sunwels Co (TSE:9229) Debt-to-Equity : 2.29 (As of Sep. 2024)

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What is Sunwels Co Debt-to-Equity?

Sunwels Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円2,080 Mil. Sunwels Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円20,263 Mil. Sunwels Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円9,778 Mil. Sunwels Co's debt to equity for the quarter that ended in Sep. 2024 was 2.29.

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

TSE:9229' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.53 Med: 2.67 Max: 9.9
Current: 2.29

During the past 5 years, the highest Debt-to-Equity Ratio of Sunwels Co was 9.90. The lowest was 1.53. And the median was 2.67.

TSE:9229's Debt-to-Equity is ranked worse than
91.1% of 562 companies
in the Healthcare Providers & Services industry
Industry Median: 0.44 vs TSE:9229: 2.29

Sunwels Co Debt-to-Equity Historical Data

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

Sunwels Co Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

4.27

4.36

7.63

2.09

2.82

Sunwels Co Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial									2.69	2.66	2.82	2.76	2.29

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

For the Medical Care Facilities subindustry, Sunwels 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.

Sunwels Co's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Sunwels Co's Debt-to-Equity distribution charts can be found below:

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

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Sunwels Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sunwels Co'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
	=	(4161	+	15944)	/	7142
	=	2.82

Sunwels Co'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
	=	(2080	+	20263)	/	9778
	=	2.29

Sunwels Co (TSE:9229) 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.

Sunwels Co Debt-to-Equity Related Terms

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Sunwels Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Sunwels Co Ltd (TSE:9229) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

15-13 Ninomiyamachi, Ishikawa, Kanazawa, JPN, 920-0067

Website

https://www.sunwels.jp

Sunwels Co Ltd is engaged in the operation of nursing care business centered on PD House, fee-based homes for the elderly specialized in Parkinson's disease.

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