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Fidus Investment (Fidus Investment) Debt-to-Equity : 0.79 (As of Dec. 2023)


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What is Fidus Investment Debt-to-Equity?

Fidus Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Fidus Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $466.51 Mil. Fidus Investment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $589.47 Mil. Fidus Investment's debt to equity for the quarter that ended in Dec. 2023 was 0.79.

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 Fidus Investment's Debt-to-Equity or its related term are showing as below:

FDUS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.61   Med: 0.77   Max: 1.08
Current: 0.79

During the past 13 years, the highest Debt-to-Equity Ratio of Fidus Investment was 1.08. The lowest was 0.61. And the median was 0.77.

FDUS's Debt-to-Equity is ranked worse than
82.92% of 1019 companies
in the Asset Management industry
Industry Median: 0.19 vs FDUS: 0.79

Fidus Investment Debt-to-Equity Historical Data

The historical data trend for Fidus Investment'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.

Fidus Investment Debt-to-Equity Chart

Fidus Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 1.08 0.75 0.85 0.79

Fidus Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.85 0.90 0.97 0.81 0.79

Competitive Comparison of Fidus Investment's Debt-to-Equity

For the Asset Management subindustry, Fidus Investment'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.


Fidus Investment's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fidus Investment's Debt-to-Equity distribution charts can be found below:

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



Fidus Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fidus Investment's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Fidus Investment's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Fidus Investment  (NAS:FDUS) 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.


Fidus Investment Debt-to-Equity Related Terms

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


Fidus Investment (Fidus Investment) Business Description

Traded in Other Exchanges
Address
1603 Orrington Avenue, Suite 1005, Evanston, IL, USA, 60201
Fidus Investment Corp is an externally managed, closed-end, non-diversified management investment company that has elected to be treated as a business development company. The company provides customized debt and equity financing solutions to lower middle-market companies, which management generally defines as U.S. based companies with revenues between $10 million and $150 million. The company invests in companies that possess some or all of the following attributes: predictable revenues; positive cash flows; defensible market positions; diversified customer and supplier bases; and management teams with operating discipline.
Executives
Charles D Hyman director 224 PONTE VEDRA PARK DRIVE, SUITE 200, PONTE VEDRA BEACH FL 32082
Edward H Ross director, officer: See Remarks
Shelby E Sherard officer: See Remarks 2215 SANDERS ROAD, SUITE 400, NORTHBROOK IL 60062
Edward X. Tune director C/O FIDUS INVESTMENT CORPORATION, 1603 ORRINGTON AVENUE, SUITE 1005, EVANSTON IL 60201
Anstiss Raymond L. Jr. director 1603 ORRINGTON AVENUE, SUITE 820, EVANSTON IL 60201
Thomas Charles Lauer director, officer: President 1919 PENNSYLVANIA AVENUE, NW, SUITE 300, WASHINGTON DC 20006
Cary L Schaefer officer: See Remarks 1603 ORRINGTON AVE, STE 820, EVANSTON IL 60201
John A. Mazzarino director 1603 ORRINGTON AVENUE, SUITE 820, EVANSTON IL 60201
Pinebridge Secondary Partners Ii Holdings, L.p. 10 percent owner 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Pinebridge Secondary Partners Ii Gp, L.p. 10 percent owner 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Charles G Phillips director
Wayne F Robinson director 1603 ORRINGTON AVENUE, SUITE 820, EVANSTON IL 60201