People Dreams & Technologies Group Co (TSE:9248) Debt-to-Equity : 0.56 (As of Mar. 2024)

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What is People Dreams & Technologies Group Co Debt-to-Equity?

People Dreams & Technologies Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円9,880 Mil. People Dreams & Technologies Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円2,421 Mil. People Dreams & Technologies Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円21,825 Mil. People Dreams & Technologies Group Co's debt to equity for the quarter that ended in Mar. 2024 was 0.56.

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 People Dreams & Technologies Group Co's Debt-to-Equity or its related term are showing as below:

TSE:9248' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.16 Max: 0.24
Current: 0.24

During the past 3 years, the highest Debt-to-Equity Ratio of People Dreams & Technologies Group Co was 0.24. The lowest was 0.07. And the median was 0.16.

TSE:9248's Debt-to-Equity is ranked better than
65.22% of 1564 companies
in the Construction industry
Industry Median: 0.45 vs TSE:9248: 0.24

People Dreams & Technologies Group Co Debt-to-Equity Historical Data

The historical data trend for People Dreams & Technologies Group 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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People Dreams & Technologies Group Co Debt-to-Equity Chart

People Dreams & Technologies Group Co Annual Data

Trend

Sep22

Sep23

Sep24

Debt-to-Equity

0.07

0.16

0.24

People Dreams & Technologies Group Co Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial						0.17	0.16	0.52	0.56	0.24

Competitive Comparison of People Dreams & Technologies Group Co's Debt-to-Equity

For the Engineering & Construction subindustry, People Dreams & Technologies Group 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.

People Dreams & Technologies Group Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, People Dreams & Technologies Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where People Dreams & Technologies Group Co's Debt-to-Equity falls into.

People Dreams & Technologies Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

People Dreams & Technologies Group Co's Debt to Equity Ratio for the fiscal year 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
	=	(2561	+	2220)	/	20099
	=	0.24

People Dreams & Technologies Group Co's Debt to Equity Ratio for the quarter 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
	=	(9880	+	2421)	/	21825
	=	0.56

People Dreams & Technologies Group Co (TSE:9248) 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.

People Dreams & Technologies Group Co Debt-to-Equity Related Terms

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People Dreams & Technologies Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » People Dreams & Technologies Group Co Ltd (TSE:9248) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-20-4, Nihombashikakigaracho, Chuo-ku, Tokyo, JPN, 103-0014

Website

People Dreams & Technologies Group Co Ltd is engaged in the business management and administration of related matters for group companies engaged in construction consultancy business, information systems related business, and related or related operations.

People Dreams & Technologies Group Co Headlines

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