e-LogiT co (TSE:9327) Debt-to-Equity : 2.22 (As of Dec. 2023)

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What is e-LogiT co Debt-to-Equity?

e-LogiT co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円811 Mil. e-LogiT co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,122 Mil. e-LogiT co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円873 Mil. e-LogiT co's debt to equity for the quarter that ended in Dec. 2023 was 2.22.

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 e-LogiT co's Debt-to-Equity or its related term are showing as below:

TSE:9327' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28 Med: 0.5 Max: 2.22
Current: 2.22

During the past 5 years, the highest Debt-to-Equity Ratio of e-LogiT co was 2.22. The lowest was 0.28. And the median was 0.50.

TSE:9327's Debt-to-Equity is ranked worse than
88.8% of 884 companies
in the Transportation industry
Industry Median: 0.55 vs TSE:9327: 2.22

e-LogiT co Debt-to-Equity Historical Data

The historical data trend for e-LogiT 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.

e-LogiT co Debt-to-Equity Chart

e-LogiT co Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.50

0.53

0.28

0.41

0.89

e-LogiT co Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										0.70	0.89	0.89	1.11	2.22

Competitive Comparison of e-LogiT co's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, e-LogiT 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.

e-LogiT co's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, e-LogiT co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where e-LogiT co's Debt-to-Equity falls into.

e-LogiT co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

e-LogiT co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(272.141	+	815.348)	/	1218.269
	=	0.89

e-LogiT co'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
	=	(811.446	+	1122.272)	/	872.881
	=	2.22

e-LogiT co (TSE:9327) 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.

e-LogiT co Debt-to-Equity Related Terms

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e-LogiT co (TSE:9327) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » e-LogiT co Ltd (TSE:9327) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 Kanda-Neribei-cho, Chiyoda-ku, Tokyo, JPN, 101-0022

Website

https://www.e-logit.com

e-LogiT co Ltd is a ecommerce logistics company.

e-LogiT co (TSE:9327) Headlines

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