Future (CHIX:FUTRL) Debt-to-Equity: 0.39 (As of Mar. 2026) — 18% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:FUTRL Future PLC CHIX:FUTRL
62 GF Score
Price £2.96
GF Value £8.00
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Future Debt-to-Equity?

Future CHIX:FUTRL -0.20% 62 Debt-to-Equity is 0.39 as of Mar. 2026, which is 18% above its 10-year median of 0.33. GuruFocus rates CHIX:FUTRL with a GF Score™ of 62/100 and a GF Value™ of £8.00 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 832 Media - Diversified companies, Future ranks worse than 59.25% on this metric.

Future's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was £4.4 Mil. Future's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was £387.3 Mil. Future's Total Stockholders Equity for the quarter that ended in Mar. 2026 was £1,008.1 Mil. Future's debt to equity for the quarter that ended in Mar. 2026 was 0.39.

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

CHIX:FUTRl' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11   Med: 0.33   Max: 0.64
Current: 0.39

During the past 13 years, the highest Debt-to-Equity Ratio of Future was 0.64. The lowest was 0.11. And the median was 0.33.

CHIX:FUTRl's Debt-to-Equity is ranked worse than
59.25% of 832 companies
in the Media - Diversified industry
Industry Median: 0.26 vs CHIX:FUTRl: 0.39

Future  (CHIX:FUTRl) 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.


Future Debt-to-Equity Related Terms


Future Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Future'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.

Future Debt-to-Equity Chart

Future Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.49 0.39 0.32 0.33

Future Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.33 0.32 0.31 0.33 0.39

CHIX:FUTRL vs NYT, WLY: Debt-to-Equity Comparison

For the Publishing subindustry, Future'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.


Future Debt-to-Equity vs Media - Diversified Industry

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

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


CHIX:FUTRL
62GF Score
Future PLC CHIX:FUTRL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Future Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Future's Debt to Equity Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Future's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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 0.39 mean?
Future (CHIX:FUTRL) has a Debt-to-Equity of 0.39 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Future and its competitors. This is 18% above median its historical median of 0.33. Over the past decade, Future's Debt-to-Equity has ranged from 0.11 to 0.64. According to the industry distribution chart, Future ranks #493 out of 832 companies in the Media - Diversified industry, placing it in the top 59.3%.
Is Future's Debt-to-Equity too high?
Future's current Debt-to-Equity of 0.39 is 18% above median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.64. The Media - Diversified industry median Debt-to-Equity is 0.26. Future's value of 0.39 is 50% above this industry median. Based on the distribution chart, Future ranks #493 out of 832 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Future has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Future's Debt-to-Equity compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Future ranks #493 out of 832 companies for Debt-to-Equity. This places Future in the lower half of its industry. The industry median Debt-to-Equity is 0.26. Future's value of 0.39 is 50% above this benchmark. Historically, Future's own Debt-to-Equity has ranged from 0.11 to 0.64 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 0.26, Future has consistently been above 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 a Media - Diversified company?
The median Debt-to-Equity among Media - Diversified companies is 0.26, based on 832 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. Future's current Debt-to-Equity of 0.39 is 50% 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 Future and its competitors. For the Media - Diversified industry, the median Debt-to-Equity is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future's current Debt-to-Equity is 0.39, which is 18% above median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future stock overvalued right now?
Based on GuruFocus' analysis, Future (CHIX:FUTRL) is currently considered Possible Value Trap. The stock's GF Value™ is £8.00, compared to a current price of £2.96 — trading 63% below its estimated fair value. The current Debt-to-Equity is 0.39, which is 18% above median its 10-year median of 0.33 and 50% above the Media - Diversified industry median of 0.26. Future's overall GF Score™ is 62/100 with 6 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 Future (CHIX:FUTRL), the current Debt-to-Equity is 0.39 as of Mar. 2026. 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.

Is Future (CHIX:FUTRL) Overvalued in 2026?

Based on GuruFocus' analysis, Future stock appears to be undervalued. The current stock price of £2.96 is trading 63% below its estimated GF Value™ of £8.00. GuruFocus considers Future to be Possible Value Trap.

Key valuation signals for CHIX:FUTRL:

  • Debt-to-Equity: 0.39 (18% above median its 10-year median of 0.33)
  • GF Value™: £8.00 vs. price of £2.96 (63% below fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 50% above the Media - Diversified median (#493 of 832)

No single metric tells the full story. See the CHIX:FUTRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Future Business Description

Other Exchanges FUTR:UKFNWA:Germany
Address Quay House, The Ambury, Bath, GBR, BA1 1UA
Future PLC is a platform for specialist media underpinned by proprietary technology and enabled by data, with diversified revenue streams. It focuses on various areas which include technology, games, films, music, and photography under brands such as Louder, Tom's Guide, PC Gamer, Digital Camera World, Marie Claire, and others. The company functions through the following divisions; the Media division which generates maximum revenue includes income from digital advertising, affiliate revenue for products, rewards, price comparison and events; and the Magazine division includes revenue associated with digital or printed magazines or bookazines from advertising, to subscriptions, to newstrade. Its reportable segments include the United Kingdom which derives key revenue, and the United States.
62GF Score

Get the complete analysis for CHIX:FUTRL

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£2.96
Price
£8.00
GF Value