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First Trust Highome Long/Short Fund Debt-to-Equity

: 0.13 (As of Apr. 2020)
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First Trust Highome Long/Short Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2020 was $0.00 Mil. First Trust Highome Long/Short Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2020 was $62.70 Mil. First Trust Highome Long/Short Fund's Total Stockholders Equity for the quarter that ended in Apr. 2020 was $494.59 Mil. First Trust Highome Long/Short Fund's debt to equity for the quarter that ended in Apr. 2020 was 0.13.

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.

NYSE:FSD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.05   Max: 0.13
Current: 0.13

0.04
0.13

During the past 3 years, the highest Debt-to-Equity Ratio of First Trust Highome Long/Short Fund was 0.13. The lowest was 0.04. And the median was 0.05.

NYSE:FSD's Debt-to-Equity is ranked higher than
62% of the 936 Companies
in the Asset Management industry.

( Industry Median: 0.22 vs. NYSE:FSD: 0.13 )

First Trust Highome Long/Short Fund Debt-to-Equity Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

First Trust Highome Long/Short Fund Annual Data
Oct17 Oct18 Oct19
Debt-to-Equity 0.05 0.06 0.04

First Trust Highome Long/Short Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20
Debt-to-Equity Premium Member Only 0.04 0.06 0.05 0.04 0.13

Competitive Comparison
* 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.


First Trust Highome Long/Short Fund Debt-to-Equity Distribution

* The bar in red indicates where First Trust Highome Long/Short Fund's Debt-to-Equity falls into.



First Trust Highome Long/Short Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

First Trust Highome Long/Short Fund's Debt to Equity Ratio for the fiscal year that ended in Oct. 2019 is calculated as

First Trust Highome Long/Short Fund's Debt to Equity Ratio for the quarter that ended in Apr. 2020 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


First Trust Highome Long/Short Fund  (NYSE:FSD) 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.


First Trust Highome Long/Short Fund Debt-to-Equity Related Terms


First Trust Highome Long/Short Fund Debt-to-Equity Headlines

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