Focus Financial Partners (Focus Financial Partners) Debt-to-Equity : 2.69 (As of Jun. 2023)

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What is Focus Financial Partners Debt-to-Equity?

Focus Financial Partners's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $2,600 Mil. Focus Financial Partners's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $303 Mil. Focus Financial Partners's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $1,081 Mil. Focus Financial Partners's debt to equity for the quarter that ended in Jun. 2023 was 2.68.

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

FOCS' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.75 Med: 2.79 Max: 3.71
Current: 2.69

During the past 8 years, the highest Debt-to-Equity Ratio of Focus Financial Partners was 3.71. The lowest was -1.75. And the median was 2.79.

FOCS's Debt-to-Equity is not ranked
in the Asset Management industry.
Industry Median: 0.19 vs FOCS: 2.69

Focus Financial Partners Debt-to-Equity Historical Data

The historical data trend for Focus Financial Partners'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.

Focus Financial Partners Debt-to-Equity Chart

Focus Financial Partners Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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1.78

3.04

3.26

3.07

2.66

Focus Financial Partners Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															2.73	2.56	2.66	2.80	2.69

Competitive Comparison of Focus Financial Partners's Debt-to-Equity

For the Asset Management subindustry, Focus Financial Partners'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.

Focus Financial Partners's Debt-to-Equity Distribution in the Asset Management Industry

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

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

Focus Financial Partners Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Focus Financial Partners's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(2510.749	+	288.895)	/	1053.918
	=	2.66

Focus Financial Partners'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
	=	(2600.437	+	302.861)	/	1081.327
	=	2.68

Focus Financial Partners (NAS:FOCS) 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.

Focus Financial Partners Debt-to-Equity Related Terms

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Focus Financial Partners (Focus Financial Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Focus Financial Partners Inc (NAS:FOCS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

875 Third Avenue, 28th Floor, New York, NY, USA, 10022

Website

https://www.focusfinancialpartners.com

Focus Financial Partners Inc is a partnership of independent, fiduciary wealth management firms operating in the fragmented RIA industry. It provides Mergers and acquisitions expertise and other services such as Talent Management, Legal and Regulatory Support, marketing and business development. The company generates its revenue in the form of wealth management fees. Geographically, it derives a majority of revenue from the United States and also has a presence in the United Kingdom, Canada, and Australia.

Executives

George Lemieux	director	875 THIRD AVENUE, 28TH FLOOR, NEW YORK NY 10022
Elizabeth R. Neuhoff	director	146 SOTA DRIVE, JUPITER FL 33458
Kristine Mashinsky	director	875 THIRD AVENUE, 28TH FLOOR, NEW YORK NY 10022
Kkr Freya Aggregator L.p.	10 percent owner	KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Kkr Group Partnership L.p.	10 percent owner	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Stone Point Capital Llc	director, 10 percent owner	20 HORSENECK LANE, GREENWICH CT 06830
James D Carey	director	STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
Greg S. Morganroth	director	875 THIRD AVENUE, 28TH FLOOR, NEW YORK NY 10022
James Shanahan	officer: Chief Financial Officer	C/O FOCUS FINANCIAL PARTNERS, INC., 825 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10022
Leonard R. Chang	officer: Sr. Managing Dir./Head of M&A	875 THIRD AVENUE, 28TH FLOOR, NEW YORK NY 10022
John Russell Mcgranahan	officer: General Counsel	875 THIRD AVENUE, 28TH FLOOR, NEW YORK NY 10022
Rajini Sundar Kodialam	director, officer: Chief Operating Officer	C/O FOCUS FINANCIAL PARTNERS, INC., 825 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10022
Ruediger Adolf	director, 10 percent owner, officer: CEO and Chairman	C/O FOCUS FINANCIAL PARTNERS, INC., 825 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10022
Joseph Feliciani	director	C/O BLACKROCK FINANCIAL MANAGEMENT INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Kkr Americas Xii Aiv Gp Llc	10 percent owner	KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019