GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Future Link Network Co Ltd (TSE:9241) » Definitions » Debt-to-Equity

Future Link Network Co (TSE:9241) Debt-to-Equity : 0.60 (As of Feb. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Future Link Network Co Debt-to-Equity?

Future Link Network Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円98 Mil. Future Link Network Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円35 Mil. Future Link Network Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円221 Mil. Future Link Network Co's debt to equity for the quarter that ended in Feb. 2024 was 0.60.

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

TSE:9241' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.2   Med: 0.54   Max: 23.28
Current: 0.6

During the past 5 years, the highest Debt-to-Equity Ratio of Future Link Network Co was 23.28. The lowest was -4.20. And the median was 0.54.

TSE:9241's Debt-to-Equity is ranked worse than
66.87% of 836 companies
in the Media - Diversified industry
Industry Median: 0.28 vs TSE:9241: 0.60

Future Link Network Co Debt-to-Equity Historical Data

The historical data trend for Future Link Network 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.

* Premium members only.

Future Link Network Co Debt-to-Equity Chart

Future Link Network Co Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-Equity
-4.20 23.28 0.54 0.56 0.69

Future Link Network Co Quarterly Data
Aug19 Aug20 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.49 0.48 0.69 0.59 0.60

Competitive Comparison of Future Link Network Co's Debt-to-Equity

For the Advertising Agencies subindustry, Future Link Network 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.


Future Link Network Co's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Future Link Network Co's Debt-to-Equity distribution charts can be found below:

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



Future Link Network Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Future Link Network Co's Debt to Equity Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Future Link Network Co's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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.


Future Link Network Co  (TSE:9241) 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.


Future Link Network Co Debt-to-Equity Related Terms

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


Future Link Network Co (TSE:9241) Business Description

Traded in Other Exchanges
N/A
Address
4-19-3 Nishifuna, Nishifuna Narishima Building, Chiba Prefecture, Funabashi, JPN, 273-0031
Future Link Network Co Ltd operates a regional information platform Maipure.It is engaged in providing regional information distribution business, public solution business and marketing support business.

Future Link Network Co (TSE:9241) Headlines

No Headlines