FairPoint Communications (FairPoint Communications) Debt-to-Equity : -12.25 (As of Mar. 2017)

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What is FairPoint Communications Debt-to-Equity?

FairPoint Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2017 was $7.6 Mil. FairPoint Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2017 was $899.1 Mil. FairPoint Communications's Total Stockholders Equity for the quarter that ended in Mar. 2017 was $-74.0 Mil. FairPoint Communications's debt to equity for the quarter that ended in Mar. 2017 was -12.25.

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

FRP's Debt-to-Equity is not ranked ^*
in the Telecommunication Services industry.
Industry Median: 0.65
* Ranked among companies with meaningful Debt-to-Equity only.

FairPoint Communications Debt-to-Equity Historical Data

The historical data trend for FairPoint Communications'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.

FairPoint Communications Debt-to-Equity Chart

FairPoint Communications Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Debt-to-Equity

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-3.02

-2.98

-1.52

-610.27

-16.78

FairPoint Communications Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Debt-to-Equity	Get a 7-Day Free Trial															-53.38	-38.33	-22.16	-16.78	-12.25

Competitive Comparison of FairPoint Communications's Debt-to-Equity

For the Telecom Services subindustry, FairPoint Communications'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.

FairPoint Communications's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, FairPoint Communications's Debt-to-Equity distribution charts can be found below:

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

FairPoint Communications Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FairPoint Communications's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 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
	=	(7.627	+	899.681)	/	-54.077
	=	-16.78

FairPoint Communications's Debt to Equity Ratio for the quarter that ended in Mar. 2017 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
	=	(7.565	+	899.1)	/	-74.018
	=	-12.25

FairPoint Communications (NAS:FRP) 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.

FairPoint Communications Debt-to-Equity Related Terms

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

FairPoint Communications (FairPoint Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » FairPoint Communications Inc (NAS:FRP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

521 East Morehead Street, Suite 500, Charlotte, NC, USA, 28202

Website

http://www.fairpoint.com

FairPoint is the seventh- largest local telephone firm in the United States, following its acquisition of Verizon's northern New England assets. It operates in 18 states serving 1.4 million access lines, though nearly 90% of these are in Maine, New Hampshire, and Vermont. The firm was founded in 1991 and has its headquarters in Charlotte, N.C.

Executives

Peter D Aquino	director	MOTIENT CORP, 300 KNIGHTBRIDGE PARKWAY, LINCOLNSHIRE IL 60069
David L Treadwell	director	222 S 15TH STREET, SUITE 600 N, OMAHA NE 68102
Edward D Horowitz	director	C/O EDSLINK LLC, 670 WEST END AVE, NEW YORK NY 10025
Wayne Wilson	director	29 LAKE AVE., SUNAPEE NH 03782
Ajay Sabherwal	officer: EVP & CFO	C/O FAIRPOINT COMMUNICATIONS, INC., 521 E. MOREHEAD STREET, SUITE 500, CHARLOTTE NC 28202
Angelo Gordon & Co Lp/ny	10 percent owner	245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Michael L Gordon	10 percent owner	C/O ANGELO GORDON & CO, 245 PARK AVE 26TH FL, NEW YORK NY 10167
John M Angelo	10 percent owner	C/O ANGELO GORDON & CO, 245 PARK AVE 26TH FL, NEW YORK NY 10167
Marathon Asset Management Lp	10 percent owner	ONE BRYANT PARK, 38TH FLOOR, NEW YORK NY 10036
David L Hauser	other: Former Officer and Director	704-731-1522, CHARLOTTE NC 28209-4674
Lehman Brothers Holdings Inc	10 percent owner	1271 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Thl Equity Advisors Iv Llc	10 percent owner	C/O THOMAS H. LEE PARTNERS, 100 FEDERAL STREET, 35TH FLOOR, BOSTON MA 02110
Thomas H. Lee Advisors, Llc	10 percent owner	C/O THOMAS H. LEE PARTNERS, L.P., 100 FEDERAL STREET, 35TH FLOOR, BOSTON MA 02110
Frank K Bynum	director, 10 percent owner	C/O KELSO & CO, 320 PARK AVENUE 24TH FLOOR, NEW YORK NY 10022
Michael B Goldberg	10 percent owner

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