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Liberty Formula One Group Debt-to-Equity

: 0.55 (As of Jun. 2021)
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Liberty Formula One Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $26 Mil. Liberty Formula One Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $3,586 Mil. Liberty Formula One Group's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $6,565 Mil. Liberty Formula One Group's debt to equity for the quarter that ended in Jun. 2021 was 0.55.

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 Liberty Formula One Group's Debt-to-Equity or its related term are showing as below:

OTCPK:FWONB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17   Med: 0.77   Max: 1.49
Current: 0.55

0.17
1.49

During the past 11 years, the highest Debt-to-Equity Ratio of Liberty Formula One Group was 1.49. The lowest was 0.17. And the median was 0.77.

OTCPK:FWONB's Debt-to-Equity is ranked higher than
78% of the 172 Companies
in the Media - Diversified industry.

( Industry Median: 0.35 vs. OTCPK:FWONB: 0.55 )

Liberty Formula One Group Debt-to-Equity Historical Data

The historical data trend for Liberty Formula One Group'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.

Liberty Formula One Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.23 1.02 0.91 1.08 0.57

Liberty Formula One Group Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only 0.56 0.57 0.57 0.58 0.55

Competitive Comparison

For the Broadcasting subindustry, Liberty Formula One Group'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.

   

Liberty Formula One Group Debt-to-Equity Distribution

For the Media - Diversified industry and Communication Services sector, Liberty Formula One Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Liberty Formula One Group's Debt-to-Equity falls into.



Liberty Formula One Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Liberty Formula One Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Liberty Formula One Group's Debt to Equity Ratio for the quarter that ended in Jun. 2021 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.


Liberty Formula One Group  (OTCPK:FWONB) 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.


Liberty Formula One Group Debt-to-Equity Related Terms

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


Liberty Formula One Group Business Description

Liberty Formula One Group logo
Industry
Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
Liberty Formula One Group controls the exclusive commercial and promotional rights to the FIA Formula One World Championship series, and the monetization of those rights is the primary business of the group. The firm is responsible for development and promotion of the Formula One race series in concert with its three partners: the FIA (the regulatory body), the teams that participate in the series, and the series' commercial partners, which include the race promoters, broadcasters, sponsors, and advertisers. Formula One Group is a subsidiary of Liberty Media Corporation, which purchased the firm in January 2017. Formula One stock is a tracking stock for the assets under Formula One Group with Liberty Media.

Liberty Formula One Group Headlines

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