ASFZ (Associates First Capital) Debt-to-Equity: 7.27 (As of Sep. 2000)

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What is Associates First Capital Debt-to-Equity?

Associates First Capital ASFZ -99.00% Debt-to-Equity is 7.27 as of Sep. 2000.

Associates First Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2000 was $33,304 Mil. Associates First Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2000 was $43,933 Mil. Associates First Capital's Total Stockholders Equity for the quarter that ended in Sep. 2000 was $10,625 Mil. Associates First Capital's debt to equity for the quarter that ended in Sep. 2000 was 7.27.

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 Associates First Capital's Debt-to-Equity or its related term are showing as below:

ASFZ's Debt-to-Equity is not ranked ^*
in the Credit Services industry.
Industry Median: 1.23
* Ranked among companies with meaningful Debt-to-Equity only.

Associates First Capital (OTCPK:ASFZ) 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.

Associates First Capital Debt-to-Equity Related Terms

Associates First Capital Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Associates First Capital'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.

Associates First Capital Debt-to-Equity Chart

Associates First Capital Annual Data

Trend

Dec95

Dec96

Dec97

Dec98

Dec99

Debt-to-Equity

7.32

7.56

7.85

7.43

7.01

Associates First Capital Quarterly Data
	Dec95	Mar96	Jun96	Sep96	Dec96	Mar97	Jun97	Sep97	Dec97	Mar98	Jun98	Sep98	Dec98	Mar99	Jun99	Sep99	Dec99	Mar00	Jun00	Sep00
Debt-to-Equity	Get a 7-Day Free Trial															7.44	7.01	6.99	7.13	7.27

ASFZ vs JGWE, IEGH, MITJF: Debt-to-Equity Comparison

For the Credit Services subindustry, Associates First Capital'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.

Associates First Capital Debt-to-Equity vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Associates First Capital's Debt-to-Equity distribution charts can be found below:

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

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Associates First Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Associates First Capital's Debt to Equity Ratio for the fiscal year that ended in Dec. 2099 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
	=	(27253.4	+	41404)	/	9800.5
	=	7.01

Associates First Capital's Debt to Equity Ratio for the quarter that ended in Sep. 2000 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
	=	(33304.2	+	43932.5)	/	10624.5
	=	7.27

Frequently Asked Questions Learn more about Debt-to-Equity →

What does a Debt-to-Equity of 7.27 mean?

Associates First Capital (ASFZ) has a Debt-to-Equity of 7.27 as of Sep. 2000. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Associates First Capital and its competitors.

Is Associates First Capital's Debt-to-Equity too high?

Associates First Capital's current Debt-to-Equity is 7.27. The Credit Services industry median Debt-to-Equity is 1.23. Associates First Capital's value of 7.27 is 491.1% above this industry median.

How does Associates First Capital's Debt-to-Equity compare to JGWE and IEGH?

Associates First Capital's Debt-to-Equity of 7.27 can be compared against companies in the Credit Services industry. The industry median Debt-to-Equity is 1.23. Associates First Capital's value of 7.27 is 491.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Debt-to-Equity for a Credit Services company?

The median Debt-to-Equity among Credit Services companies is 1.23, based on 455 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Associates First Capital's current Debt-to-Equity of 7.27 is 491.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Debt-to-Equity mean?

A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Associates First Capital and its competitors. For the Credit Services industry, the median Debt-to-Equity is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associates First Capital's current Debt-to-Equity is 7.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Associates First Capital stock overvalued right now?

Associates First Capital (ASFZ) has a current Debt-to-Equity of 7.27. The current Debt-to-Equity is 7.27 and 491.1% above the Credit Services industry median of 1.23. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Debt-to-Equity calculated?

Debt-to-Equity is calculated from a company's financial statements. For Associates First Capital (ASFZ), the current Debt-to-Equity is 7.27 as of Sep. 2000. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Associates First Capital Business Description

Industry Financial Services Credit Services

Comparable Companies JGWE IEGH MITJF LMFA FPAY ATLC LOAN ASFI CCCR MFIN MOGOF NICK SNFCA LTMP CPSS CLDC NXCN FASGF HTZZF CHWWF

Address 300 Street Paul Place, Baltimore, MD, USA, 75062-2729

Associates First Capital Corp operates in the financial services industry. The organization, provides finance, leasing, insurance, and related services to individual consumers and businesses.