Futu Holdings (Futu Holdings) Debt-to-Equity : 0.24 (As of Dec. 2023)

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What is Futu Holdings Debt-to-Equity?

Futu Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $738 Mil. Futu Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $16 Mil. Futu Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,146 Mil. Futu Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.24.

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

FUTU' s Debt-to-Equity Range Over the Past 10 Years
Min: -10.5 Med: 0.18 Max: 1.34
Current: 0.24

During the past 8 years, the highest Debt-to-Equity Ratio of Futu Holdings was 1.34. The lowest was -10.50. And the median was 0.18.

FUTU's Debt-to-Equity is ranked better than
59.21% of 608 companies
in the Capital Markets industry
Industry Median: 0.375 vs FUTU: 0.24

Futu Holdings Debt-to-Equity Historical Data

The historical data trend for Futu 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.

* Premium members only.

Futu Holdings Debt-to-Equity Chart

Futu Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.64

1.34

0.53

0.13

0.24

Futu Holdings 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															0.13	0.16	0.21	0.22	0.24

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

For the Capital Markets subindustry, Futu 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.

Futu Holdings's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Futu Holdings's Debt-to-Equity distribution charts can be found below:

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

Futu Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Futu Holdings's Debt to Equity Ratio for the fiscal year 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
	=	(738.335	+	15.792)	/	3145.885
	=	0.24

Futu 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
	=	(738.335	+	15.792)	/	3145.885
	=	0.24

Futu Holdings (NAS:FUTU) 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.

Futu Holdings Debt-to-Equity Related Terms

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Futu Holdings (Futu Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Futu Holdings Ltd (NAS:FUTU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0FUT:UK 6FHA:Germany 6FHA:Germany

Address

No. 18 Bonham Strand West, 11th Floor, Bangkok Bank Building, Sheung Wan, Hong Kong, HKG

Website

https://www.futuholdings.com

Futu Holdings Ltd is an online broker providing one-stop online investing services. The company provides its services through its digital platform Futu NiuNiu, which includes market data, trading service, and news feed of Hong Kong, Mainland China, Singapore, and United States equity markets. It generates its revenue in the form of brokerage commission and handling charge services.