Tre Holdings (TSE:9247) Debt-to-Equity : 0.83 (As of Dec. 2023)

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What is Tre Holdings Debt-to-Equity?

Tre Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円18,289 Mil. Tre Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円36,912 Mil. Tre Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円66,912 Mil. Tre Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.82.

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 Tre Holdings's Debt-to-Equity or its related term are showing as below:

TSE:9247' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.74 Med: 0.76 Max: 0.78
Current: 0.78

During the past 3 years, the highest Debt-to-Equity Ratio of Tre Holdings was 0.78. The lowest was 0.74. And the median was 0.76.

TSE:9247's Debt-to-Equity is ranked worse than
53.18% of 220 companies
in the Waste Management industry
Industry Median: 0.74 vs TSE:9247: 0.78

Tre Holdings Debt-to-Equity Historical Data

The historical data trend for Tre Holdings'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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Tre Holdings Debt-to-Equity Chart

Tre Holdings Annual Data

Trend

Mar22

Mar23

Mar24

Debt-to-Equity

0.76

0.74

0.78

Tre Holdings Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial					0.74	0.70	0.78	0.83	0.78

Competitive Comparison of Tre Holdings's Debt-to-Equity

For the Waste Management subindustry, Tre Holdings'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.

Tre Holdings's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Tre Holdings's Debt-to-Equity distribution charts can be found below:

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

Tre Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tre Holdings'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
	=	(16993	+	35607)	/	67138
	=	0.78

Tre Holdings'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
	=	(18289	+	36912)	/	66912
	=	0.82

Tre Holdings (TSE:9247) 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.

Tre Holdings Debt-to-Equity Related Terms

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

Tre Holdings (TSE:9247) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Tre Holdings Corp (TSE:9247) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7-2, Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004

Website

https://www.tre-hd.co.jp

Tre Holdings Corp is engaged in the management and its accompanying related business of subsidiaries which operate the waste treatment and recycling business, the renewable energy business, the environmental engineering business, the recycling scrap metal, end of life vehicles and scrapped home appliances.

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