Fareast Finance & Investment (DHA:FAREASTFIN) Debt-to-Equity : 17.18 (As of Sep. 2020)

View and export this data going back to 2013. Start your Free Trial

What is Fareast Finance & Investment Debt-to-Equity?

Fareast Finance & Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was BDT0.00 Mil. Fareast Finance & Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was BDT3,232.96 Mil. Fareast Finance & Investment's Total Stockholders Equity for the quarter that ended in Sep. 2020 was BDT188.23 Mil. Fareast Finance & Investment's debt to equity for the quarter that ended in Sep. 2020 was 17.18.

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 Fareast Finance & Investment's Debt-to-Equity or its related term are showing as below:

DHA:FAREASTFIN's Debt-to-Equity is not ranked ^*
in the Credit Services industry.
Industry Median: 1.17
* Ranked among companies with meaningful Debt-to-Equity only.

Fareast Finance & Investment Debt-to-Equity Historical Data

The historical data trend for Fareast Finance & Investment'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.

Fareast Finance & Investment Debt-to-Equity Chart

Fareast Finance & Investment Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Debt-to-Equity

Get a 7-Day Free Trial

1.75

2.11

3.52

2.64

6.86

Fareast Finance & Investment Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Debt-to-Equity	Get a 7-Day Free Trial															16.83	6.86	9.21	11.24	17.18

Competitive Comparison of Fareast Finance & Investment's Debt-to-Equity

For the Credit Services subindustry, Fareast Finance & Investment'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.

Fareast Finance & Investment's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Fareast Finance & Investment's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fareast Finance & Investment's Debt-to-Equity falls into.

Fareast Finance & Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fareast Finance & Investment's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 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
	=	(0	+	3201.555)	/	466.858
	=	6.86

Fareast Finance & Investment's Debt to Equity Ratio for the quarter that ended in Sep. 2020 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
	=	(0	+	3232.956)	/	188.227
	=	17.18

Fareast Finance & Investment (DHA:FAREASTFIN) 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.

Fareast Finance & Investment Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Fareast Finance & Investment's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Fareast Finance & Investment (DHA:FAREASTFIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Fareast Finance & Investment Ltd (DHA:FAREASTFIN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

52-53, Dilkusha Commercial Area, Eunoos Centre, 8th level, Dhaka, BGD, 1000

Website

https://www.ffilbd.com

Fareast Finance & Investment Ltd provides lease and term finances. It also provides short-term finance, factoring and bond discount and among others. The company's services include Lease Finance, Term Finance, Short Term Finance and Factoring. It include services to clients for all types of machinery, equipment, household durables including vehicle for the purpose of industrial, commercial and personal.

Fareast Finance & Investment (DHA:FAREASTFIN) Headlines

No Headlines