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
60.16% of 989 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

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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															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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	18.735)	/	60.872
	=	0.31

Flagship Investments's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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
	=	(19.058	+	0)	/	63.757
	=	0.30

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

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Flagship Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Flagship Investments Ltd (ASX:FSI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corporate Centre One, Level 12, 2 Corporate Court, Bundall, QLD, AUS, 4217

Website

https://www.flagshipinvestments.com.au

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.