Emimen Co (TSE:9237) Debt-to-Equity : 0.29 (As of Oct. 2023)

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What is Emimen Co Debt-to-Equity?

Emimen Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was 円22.4 Mil. Emimen Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was 円113.2 Mil. Emimen Co's Total Stockholders Equity for the quarter that ended in Oct. 2023 was 円464.4 Mil. Emimen Co's debt to equity for the quarter that ended in Oct. 2023 was 0.29.

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

TSE:9237' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 3.79 Max: 44.64
Current: 0.29

During the past 3 years, the highest Debt-to-Equity Ratio of Emimen Co was 44.64. The lowest was 0.29. And the median was 3.79.

TSE:9237's Debt-to-Equity is ranked better than
57.47% of 917 companies
in the Business Services industry
Industry Median: 0.38 vs TSE:9237: 0.29

Emimen Co Debt-to-Equity Historical Data

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

Emimen Co Annual Data

Trend

Oct21

Oct22

Oct23

Debt-to-Equity

44.64

3.79

0.29

Emimen Co Semi-Annual Data
	Oct21	Oct22	Oct23
Debt-to-Equity	44.64	3.79	0.29

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

For the Consulting Services subindustry, Emimen 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.

Emimen Co's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Emimen Co's Debt-to-Equity distribution charts can be found below:

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

Emimen Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Emimen Co's Debt to Equity Ratio for the fiscal year that ended in Oct. 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
	=	(22.368	+	113.212)	/	464.387
	=	0.29

Emimen Co's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(22.368	+	113.212)	/	464.387
	=	0.29

Emimen Co (TSE:9237) 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.

Emimen Co Debt-to-Equity Related Terms

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Emimen Co (TSE:9237) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Emimen Co Ltd (TSE:9237) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-8-33 Kyomachibori, 4th Floor Kyomachibori Square, Nishi-ku, Osaka, JPN, 550-0003

Website

https://www.emimen.co.jp

Emimen Co Ltd is engaged in the business of senior home introduction services and senior home management consulting. It is a professional in selecting senior homes, providing paid nursing homes with nursing care, residential-type paid nursing homes, and elderly care homes with services, depending on the thoughts and circumstances of the caregiving family. It helps to find a suitable place to live from among a wide variety of options, including residential housing and group homes.

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