GAMCO Investors (FRA:6JV) Debt-to-Equity : 0.03 (As of Jun. 2023)

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What is GAMCO Investors Debt-to-Equity?

GAMCO Investors's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.0 Mil. GAMCO Investors's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €5.1 Mil. GAMCO Investors's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €149.0 Mil. GAMCO Investors's debt to equity for the quarter that ended in Jun. 2023 was 0.03.

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 GAMCO Investors's Debt-to-Equity or its related term are showing as below:

FRA:6JV' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.43 Med: 0.13 Max: 3.01
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of GAMCO Investors was 3.01. The lowest was -1.43. And the median was 0.13.

FRA:6JV's Debt-to-Equity is ranked better than
90.13% of 1013 companies
in the Asset Management industry
Industry Median: 0.2 vs FRA:6JV: 0.03

GAMCO Investors Debt-to-Equity Historical Data

The historical data trend for GAMCO Investors'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.

GAMCO Investors Debt-to-Equity Chart

GAMCO Investors Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.54

0.34

0.62

0.04

0.03

GAMCO Investors Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.05	0.04	0.04	0.03	0.03

Competitive Comparison of GAMCO Investors's Debt-to-Equity

For the Asset Management subindustry, GAMCO Investors'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.

GAMCO Investors's Debt-to-Equity Distribution in the Asset Management Industry

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

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

GAMCO Investors Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GAMCO Investors'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
	=	(0	+	4.711)	/	165.958
	=	0.03

GAMCO Investors's Debt to Equity Ratio for the quarter 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	+	5.086)	/	148.995
	=	0.03

GAMCO Investors (FRA:6JV) 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.

GAMCO Investors Debt-to-Equity Related Terms

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

GAMCO Investors (FRA:6JV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GAMCO Investors Inc (FRA:6JV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GAMI:USA

Address

191 Mason Street, Greenwich, CT, USA, 06830

Website

https://www.gabelli.com

GAMCO Investors Inc is a provider of investment advisory services to open-end funds, closed-end funds, Exchange Traded Managed Funds (ETMFs), and institutional and private wealth management investors principally in the United States. The company invests in a variety of U.S. and international securities through various investment styles including value, growth, non-market correlated, and convertible securities. Its revenues are based primarily on the company's levels of assets under management (AUM) and fees associated with our various investment products. Its AUM are organized into three groups; Open and Closed-End Funds; Institutional and Private Wealth Management; and SICAV.

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