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Flagship Investments (ASX:FSI) Debt-to-Equity : 0.30 (As of Dec. 2024)


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What is Flagship Investments Debt-to-Equity?

Flagship Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$19.06 Mil. Flagship Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.00 Mil. Flagship Investments's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$63.76 Mil. Flagship Investments's debt to equity for the quarter that ended in Dec. 2024 was 0.30.

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 Flagship Investments's Debt-to-Equity or its related term are showing as below:

ASX:FSI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27   Med: 0.32   Max: 0.35
Current: 0.3

During the past 13 years, the highest Debt-to-Equity Ratio of Flagship Investments was 0.35. The lowest was 0.27. And the median was 0.32.

ASX:FSI's Debt-to-Equity is ranked worse than
60.24% of 986 companies
in the Asset Management industry
Industry Median: 0.2 vs ASX:FSI: 0.30

Flagship Investments Debt-to-Equity Historical Data

The historical data trend for Flagship Investments'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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Flagship Investments Debt-to-Equity Chart

Flagship Investments Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.35 0.34 0.31

Flagship Investments Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.34 0.34 0.32 0.31 0.30

Competitive Comparison of Flagship Investments's Debt-to-Equity

For the Asset Management subindustry, Flagship Investments'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.


Flagship Investments's Debt-to-Equity Distribution in the Asset Management Industry

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

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


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Flagship Investments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Flagship Investments's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Flagship Investments's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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.


Flagship Investments  (ASX:FSI) 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.


Flagship Investments Debt-to-Equity Related Terms

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


Flagship Investments Business Description

Traded in Other Exchanges
N/A
Address
Corporate Centre One, Level 12, 2 Corporate Court, Bundall, QLD, AUS, 4217
Flagship Investments Ltd is an investment company that provides its investors access to the portfolio of Australian growth companies. The company's investment objective is to achieve medium to long-term capital growth and income by investing in a diversified portfolio of Australian companies; to preserve and enhance the NTA backing per share after allowing for inflation; and to provide shareholders with a fully franked dividend, which will grow at a rate over the rate of inflation.