BTO (John Hancock Financial Opportunities Fund) Debt-to-Equity: 0.18 (As of Dec. 2025) — Near Median

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BTO John Hancock Financial Opportunities Fund BTO
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What is John Hancock Financial Opportunities Fund Debt-to-Equity?

John Hancock Financial Opportunities Fund BTO +2.31% 35 Debt-to-Equity is 0.18 as of Dec. 2025, which is at its 10-year median of 0.18. GuruFocus rates BTO with a GF Score™ of 35/100. The stock has 7 warning signs investors should review. Among 961 Asset Management companies, John Hancock Financial Opportunities Fund ranks better than 55.36% on this metric.

John Hancock Financial Opportunities Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $0.00 Mil. John Hancock Financial Opportunities Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $130.00 Mil. John Hancock Financial Opportunities Fund's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $714.26 Mil. John Hancock Financial Opportunities Fund's debt to equity for the quarter that ended in Dec. 2025 was 0.18.

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 John Hancock Financial Opportunities Fund's Debt-to-Equity or its related term are showing as below:

BTO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18   Med: 0.18   Max: 0.19
Current: 0.18

During the past 10 years, the highest Debt-to-Equity Ratio of John Hancock Financial Opportunities Fund was 0.19. The lowest was 0.18. And the median was 0.18.

BTO's Debt-to-Equity is ranked better than
55.36% of 961 companies
in the Asset Management industry
Industry Median: 0.21 vs BTO: 0.18

John Hancock Financial Opportunities Fund  (NYSE:BTO) 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.


John Hancock Financial Opportunities Fund Debt-to-Equity Related Terms


John Hancock Financial Opportunities Fund Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for John Hancock Financial Opportunities Fund'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.

John Hancock Financial Opportunities Fund Debt-to-Equity Chart

John Hancock Financial Opportunities Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.19 0.18

John Hancock Financial Opportunities Fund Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.19 0.19 0.18

BTO vs DXYZ, THQ, FFC: Debt-to-Equity Comparison

For the Asset Management subindustry, John Hancock Financial Opportunities Fund'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.


John Hancock Financial Opportunities Fund Debt-to-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, John Hancock Financial Opportunities Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where John Hancock Financial Opportunities Fund's Debt-to-Equity falls into.


BTO
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John Hancock Financial Opportunities Fund BTO
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John Hancock Financial Opportunities Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

John Hancock Financial Opportunities Fund's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

John Hancock Financial Opportunities Fund's Debt to Equity Ratio for the quarter that ended in Dec. 2025 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.18 mean?
John Hancock Financial Opportunities Fund (BTO) has a Debt-to-Equity of 0.18 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on John Hancock Financial Opportunities Fund and its competitors. This is near median its historical median of 0.18. Over the past decade, John Hancock Financial Opportunities Fund's Debt-to-Equity has ranged from 0.18 to 0.19. According to the industry distribution chart, John Hancock Financial Opportunities Fund ranks #429 out of 961 companies in the Asset Management industry, placing it in the top 44.6%.
Is John Hancock Financial Opportunities Fund's Debt-to-Equity too high?
John Hancock Financial Opportunities Fund's current Debt-to-Equity of 0.18 is near median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.19. The Asset Management industry median Debt-to-Equity is 0.21. John Hancock Financial Opportunities Fund's value of 0.18 is 14.3% below this industry median. Based on the distribution chart, John Hancock Financial Opportunities Fund ranks #429 out of 961 companies in the Asset Management industry, which is above the industry midpoint. Overall, John Hancock Financial Opportunities Fund has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does John Hancock Financial Opportunities Fund's Debt-to-Equity compare to DXYZ and THQ?
According to the Asset Management industry distribution chart, John Hancock Financial Opportunities Fund ranks #429 out of 961 companies for Debt-to-Equity. This puts John Hancock Financial Opportunities Fund in the upper half of its industry. The industry median Debt-to-Equity is 0.21. John Hancock Financial Opportunities Fund's value of 0.18 is 14.3% below this benchmark. Historically, John Hancock Financial Opportunities Fund's own Debt-to-Equity has ranged from 0.18 to 0.19 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 0.21, John Hancock Financial Opportunities Fund has consistently been below the industry average. 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 an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 961 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. John Hancock Financial Opportunities Fund's current Debt-to-Equity of 0.18 is 14.3% below 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 John Hancock Financial Opportunities Fund and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. John Hancock Financial Opportunities Fund's current Debt-to-Equity is 0.18, which is near median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is John Hancock Financial Opportunities Fund stock overvalued right now?
John Hancock Financial Opportunities Fund (BTO) has a current Debt-to-Equity of 0.18. The current Debt-to-Equity is 0.18, which is near median its 10-year median of 0.18 and 14.3% below the Asset Management industry median of 0.21. John Hancock Financial Opportunities Fund's overall GF Score™ is 35/100 with 7 warning signs to review. 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 John Hancock Financial Opportunities Fund (BTO), the current Debt-to-Equity is 0.18 as of Dec. 2025. 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.

John Hancock Financial Opportunities Fund Business Description

Address 200 Berkeley Street, Boston, MA, USA, 02116
John Hancock Financial Opportunities Fund is a United States-based closed-end, diversified management investment company. Its investment objective is to provide a high level of total return consisting of long-term capital appreciation and current income. Under normal circumstances, the fund will invest at least 80% of its net assets in equity securities of U.S. and foreign financial services companies of any size. These companies may include, but are not limited to, banks, thrifts, finance and financial technology companies, brokerage and advisory firms, real estate-related firms, insurance companies, and financial holding companies.
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