Foresta Group Holdings (ASX:FGH) Debt-to-Equity

: 0.20 (As of Dec. 2023)

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Foresta Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.18 Mil. Foresta Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$1.38 Mil. Foresta Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$7.88 Mil. Foresta Group Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.20.

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

ASX:FGH' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.7 Med: 0.26 Max: 1.15
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Foresta Group Holdings was 1.15. The lowest was -3.70. And the median was 0.26.

ASX:FGH's Debt-to-Equity is ranked better than
64.95% of 1395 companies
in the Chemicals industry
Industry Median: 0.35 vs ASX:FGH: 0.20

Foresta Group Holdings Debt-to-Equity Historical Data

The historical data trend for Foresta Group 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.

Foresta Group Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

-3.70

1.15

0.69

0.20

Foresta Group Holdings 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																0.45	0.69	0.34	0.20	0.20

Competitive Comparison

For the Specialty Chemicals subindustry, Foresta Group 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.

Foresta Group Holdings Debt-to-Equity Distribution

For the Chemicals industry and Basic Materials sector, Foresta Group Holdings's Debt-to-Equity distribution charts can be found below:

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

Foresta Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Foresta Group Holdings'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
	=	(0.154	+	1.447)	/	7.998
	=	0.20

Foresta Group 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
	=	(0.178	+	1.384)	/	7.877
	=	0.20

Foresta Group Holdings (ASX:FGH) 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.

Foresta Group Holdings Debt-to-Equity Related Terms

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Foresta Group Holdings (ASX:FGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Foresta Group Holdings Ltd (ASX:FGH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 10/12 Kelly Court, Maryborough, QLD, AUS, 4650

Website

https://www.leafresources.com.au

Foresta Group Holdings Ltd is engaged in research and development of environmentally sustainable methods of extracting wood chemicals on an industrial level. The company has one operating segment, namely, the Commercialization of Technology and Development. The products of the company involve; Natural Wood turpentine, Natural Wood Rosin and Wood Pellets. The company generates its maximum revenue from Woodchips.

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