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Tranzact Financial Services Limited (ASX:TFS) Debt-to-Equity : 0.09 (As of Jun. 2013)


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What is Tranzact Financial Services Limited Debt-to-Equity?

Tranzact Financial Services Limited's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2013 was A$0.10 Mil. Tranzact Financial Services Limited's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2013 was A$1.29 Mil. Tranzact Financial Services Limited's Total Stockholders Equity for the quarter that ended in Jun. 2013 was A$15.91 Mil. Tranzact Financial Services Limited's debt to equity for the quarter that ended in Jun. 2013 was 0.09.

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 Tranzact Financial Services Limited's Debt-to-Equity or its related term are showing as below:

ASX:TFS's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Tranzact Financial Services Limited Debt-to-Equity Historical Data

The historical data trend for Tranzact Financial Services Limited'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.

Tranzact Financial Services Limited Debt-to-Equity Chart

Tranzact Financial Services Limited Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 - 0.09 0.19 0.09

Tranzact Financial Services Limited Semi-Annual Data
Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13
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 0.09 0.22 0.19 0.11 0.09

Competitive Comparison of Tranzact Financial Services Limited's Debt-to-Equity

For the Asset Management subindustry, Tranzact Financial Services Limited'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.


Tranzact Financial Services Limited's Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where Tranzact Financial Services Limited's Debt-to-Equity falls into.



Tranzact Financial Services Limited Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tranzact Financial Services Limited's Debt to Equity Ratio for the fiscal year that ended in Jun. 2013 is calculated as

Tranzact Financial Services Limited's Debt to Equity Ratio for the quarter that ended in Jun. 2013 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.


Tranzact Financial Services Limited  (ASX:TFS) 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.


Tranzact Financial Services Limited Debt-to-Equity Related Terms

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Tranzact Financial Services Limited (ASX:TFS) Business Description

Traded in Other Exchanges
N/A
Address
Tranzact Financial Services Limited is incorporated in Australia. It acts as an investment advisory and consulting business across Australia and New Zealand. It provides administration services to various superannuation entities, investor directed portfolio services and custodial services; asset consulting and investment management services; and acts as a promoter of superannuation entities and an Australian financial services licensee.

Tranzact Financial Services Limited (ASX:TFS) Headlines

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