Atlanticus Holdings (Atlanticus Holdings) Debt-to-Equity : 5.13 (As of Dec. 2023)

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What is Atlanticus Holdings Debt-to-Equity?

Atlanticus Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Atlanticus Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,026.3 Mil. Atlanticus Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $394.7 Mil. Atlanticus Holdings's debt to equity for the quarter that ended in Dec. 2023 was 5.13.

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

ATLC' s Debt-to-Equity Range Over the Past 10 Years
Min: -22.89 Med: 8.76 Max: 882.43
Current: 5.13

During the past 13 years, the highest Debt-to-Equity Ratio of Atlanticus Holdings was 882.43. The lowest was -22.89. And the median was 8.76.

ATLC's Debt-to-Equity is ranked worse than
87.94% of 431 companies
in the Credit Services industry
Industry Median: 1.18 vs ATLC: 5.13

Atlanticus Holdings Debt-to-Equity Historical Data

The historical data trend for Atlanticus 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.

Atlanticus Holdings Debt-to-Equity Chart

Atlanticus Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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882.43

11.95

4.95

5.57

5.13

Atlanticus Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															5.57	5.14	5.04	5.18	5.13

Competitive Comparison of Atlanticus Holdings's Debt-to-Equity

For the Credit Services subindustry, Atlanticus 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.

Atlanticus Holdings's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Atlanticus Holdings's Debt-to-Equity distribution charts can be found below:

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

Atlanticus Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Atlanticus Holdings'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	+	2026.318)	/	394.675
	=	5.13

Atlanticus 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	+	2026.318)	/	394.675
	=	5.13

Atlanticus Holdings (NAS:ATLC) 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.

Atlanticus Holdings Debt-to-Equity Related Terms

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Atlanticus Holdings (Atlanticus Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Atlanticus Holdings Corp (NAS:ATLC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ATLCP.PFD:USA

Address

Five Concourse Parkway, Suite 300, Atlanta, GA, USA, 30328

Website

https://www.atlanticus.com

Atlanticus Holdings Corp invests in the financial services industry. It provides various credit and related financial services and products to or associated with the financially underserved consumer credit market. The operating business segments are the Credit as a Service and the Auto Finance segment. It generates maximum revenue from the Credit as a Service segment.

Executives

Deal W Hudson	director	FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Denise M Harrod	director	FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
James Dennis H Jr	director	FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
David G Hanna	director, 10 percent owner, officer: CEO & Chairman of the Board	FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
William Mccamey	officer: CFO and Treasurer	FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Mitchell Saunders	officer: Chief Accounting Officer	FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Thomas G Rosencrants	director	C/O ATLANTICUS HOLDINGS CORPORATION, FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Mack F Mattingly	director	C/O ATLANTICUS HOLDINGS CORPORATION, FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Jeffrey A. Howard	director, officer: President	FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Joann G Jones	director	FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Kimberly M Hanna	10 percent owner	FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Sally R Hanna	10 percent owner	FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Richard W Gilbert	officer: Chief Operating Officer	C/O ATLANTICUS HOLDINGS CORP, FIVE CONCOURSE PARKWAY, SUITE 300 GA 30328
Jpmorgan Chase & Co	10 percent owner	383 MADISON AVENUE, NEW YORK NY 10017
Hanna Frank J Iii	director, 10 percent owner	FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328