GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » FlexShopper Inc (NAS:FPAY) » Definitions » Debt-to-Equity
中文

FlexShopper (FlexShopper) Debt-to-Equity : 3.95 (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is FlexShopper Debt-to-Equity?

FlexShopper's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.4 Mil. FlexShopper's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $115.1 Mil. FlexShopper's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $29.2 Mil. FlexShopper's debt to equity for the quarter that ended in Dec. 2023 was 3.95.

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

FPAY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16   Med: 3.33   Max: 4.12
Current: 3.95

During the past 13 years, the highest Debt-to-Equity Ratio of FlexShopper was 4.12. The lowest was 0.16. And the median was 3.33.

FPAY's Debt-to-Equity is ranked worse than
95.27% of 930 companies
in the Business Services industry
Industry Median: 0.4 vs FPAY: 3.95

FlexShopper Debt-to-Equity Historical Data

The historical data trend for FlexShopper'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.

FlexShopper Debt-to-Equity Chart

FlexShopper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.59 4.12 3.52 3.15 3.95

FlexShopper 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.15 3.13 3.82 3.79 3.95

Competitive Comparison of FlexShopper's Debt-to-Equity

For the Rental & Leasing Services subindustry, FlexShopper'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.


FlexShopper's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, FlexShopper's Debt-to-Equity distribution charts can be found below:

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



FlexShopper Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FlexShopper's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

FlexShopper's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


FlexShopper  (NAS:FPAY) 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.


FlexShopper Debt-to-Equity Related Terms

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


FlexShopper (FlexShopper) Business Description

Traded in Other Exchanges
Address
901 Yamato Road, Suite 260, Boca Raton, FL, USA, 33431
FlexShopper Inc is a financial technology company engaged in providing certain types of durable goods to consumers on a lease-to-own basis and providing lease-to-own (LTO) terms to consumers of third-party retailers and e-tailers. Its products include electronics, computers, furniture, mattresses, cameras and camcorders, audio, musical instruments, health, fitness and sports, video games, homes, gardens and tools, appliances, and vacuums on a payment, lease basis. The firm generates a majority of its revenue by leasing its products. The company enables consumers utilizing its e-commerce marketplace to shop for brand-name electronics, home furnishings, and other durable goods on a lease-to-own (LTO) basis.
Executives
Howard Dvorkin director, 10 percent owner 6360 NW 5 WAY, FORT LAUDERDALE FL 33309
John Davis officer: COO 2445 TECHNOLOGY FOREST BLVD., STE. 800, THE WOODLANDS TX 77381
House Richard R Jr officer: Chief Executive Officer C/O ATLANTICUS HOLDINGS CORP, FIVE CONCOURSE PARKWAY SUITE 300, ATLANTA GA 30328
Thomas O. Katz director C/O FLEXSHOPPER, INC., 901 YAMATO ROAD, SUITE 260, BOCA RATON FL 33431
James Douglas Allen director 2221 E. LAMAR BLVD. SUITE 790, ARLINGTON TX 76006
Brad Mitchell Bernstein director, 10 percent owner, officer: President C/O ANCHOR FUNDING SERVICES, INC., 10801 JOHNSTON ROAD SUITE 210, CHARLOTTE NC 28226
T Scott King director 4100 HOLIDAY ST NW, CANTON OH 44718
Sean Hinze director 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Carl Pradelli director C/O DUANE READE INC, 440 9TH AVE, NEW YORK NY 10001
Ravi Radhakrishnan officer: Chief Risk Officer 2700 N. MILITARY TRAIL, SUITE 200, BOCA RATON FL 33431
Waterfall Asset Management, Llc 10 percent owner 1140 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10036
Heiser Harold Russell Jr. officer: CFO 2700 NORTH MILITARY TRAIL, SUITE 200, BOCA RATON FL 33431
Katherine Verner director C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Daniel Ballen director 650 NEWPORT CENTER DRIVE C/O PIMCO, NEWPORT BEACH CA 92660
Pimco Bravo Fund Ii, L.p. 10 percent owner 840 NEWPORT CENTER DRIVE, SUITE 100, NEWPORT BEACH CA 92660