Insignia Financial (ASX:IFL) Debt-to-Equity

: 0.45 (As of Dec. 2023)

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Insignia Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0 Mil. Insignia Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$1,008 Mil. Insignia Financial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$2,230 Mil. Insignia Financial's debt to equity for the quarter that ended in Dec. 2023 was 0.45.

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

ASX:IFL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.23 Max: 0.45
Current: 0.45

During the past 13 years, the highest Debt-to-Equity Ratio of Insignia Financial was 0.45. The lowest was 0.00. And the median was 0.23.

ASX:IFL's Debt-to-Equity is ranked worse than
71.18% of 1020 companies
in the Asset Management industry
Industry Median: 0.19 vs ASX:IFL: 0.45

Insignia Financial Debt-to-Equity Historical Data

The historical data trend for Insignia Financial'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.

Insignia Financial Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.26

0.33

0.31

0.40

Insignia Financial Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity																0.40	0.40	0.40	0.40	0.45

Competitive Comparison

For the Asset Management subindustry, Insignia Financial'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.

Insignia Financial Debt-to-Equity Distribution

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

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

Insignia Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Insignia Financial's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(30.9	+	906.5)	/	2330.3
	=	0.40

Insignia Financial'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
	=	(0	+	1007.5)	/	2230.3
	=	0.45

Insignia Financial (ASX:IFL) 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.

Insignia Financial Debt-to-Equity Related Terms

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Insignia Financial (ASX:IFL) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

IOOFF:USA

Address

800 Bourke Street, Level 1, Docklands, VIC, AUS, 3008

Website

https://www.ioof.com.au

Insignia Financial (formerly IOOF) provides wealth-management advice and products via a multibranded strategy, and a vertically integrated business model. Insignia's advice business provides financial planning services to both the mass affluent and high-net-worth clients. It also owns finance dealer groups that provide compliance and other administrative services to financial planners operating under the dealer group's licence. Furthermore, Insignia offers platform products, which generates fees mainly from superannuation and non-superannuation investments accessed via its own platforms. It also derives revenue via some third-party platforms sourced from its aligned advisors. Lastly, the firm has an investment management segment.

Insignia Financial (ASX:IFL) Headlines

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