FASDF (Fantasy Aces Daily Fantasy Sports) Debt-to-Equity: 2.32 (As of Sep. 2016)


What is Fantasy Aces Daily Fantasy Sports Debt-to-Equity?

Fantasy Aces Daily Fantasy Sports FASDF Debt-to-Equity is 2.32 as of Sep. 2016.

Fantasy Aces Daily Fantasy Sports's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2016 was $0.45 Mil. Fantasy Aces Daily Fantasy Sports's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2016 was $0.00 Mil. Fantasy Aces Daily Fantasy Sports's Total Stockholders Equity for the quarter that ended in Sep. 2016 was $0.20 Mil. Fantasy Aces Daily Fantasy Sports's debt to equity for the quarter that ended in Sep. 2016 was 2.32.

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 Fantasy Aces Daily Fantasy Sports's Debt-to-Equity or its related term are showing as below:

FASDF's Debt-to-Equity is not ranked *
in the Interactive Media industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Fantasy Aces Daily Fantasy Sports  (OTCPK:FASDF) 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.

Fantasy Aces Daily Fantasy Sports Debt-to-Equity Related Terms

Fantasy Aces Daily Fantasy Sports Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Fantasy Aces Daily Fantasy Sports'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.

Fantasy Aces Daily Fantasy Sports Debt-to-Equity Chart

Fantasy Aces Daily Fantasy Sports Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.00 0.00 -0.54 -1.08

Fantasy Aces Daily Fantasy Sports Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 -1.08 0.52 0.37 2.32

FASDF vs FRZT: Debt-to-Equity Comparison

For the Electronic Gaming & Multimedia subindustry, Fantasy Aces Daily Fantasy Sports'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.

Fantasy Aces Daily Fantasy Sports Debt-to-Equity vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Fantasy Aces Daily Fantasy Sports's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fantasy Aces Daily Fantasy Sports's Debt-to-Equity falls into.


Fantasy Aces Daily Fantasy Sports Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fantasy Aces Daily Fantasy Sports's Debt to Equity Ratio for the fiscal year that ended in Dec. 2015 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
=(0.155 + 0) / -0.144
=-1.08

Fantasy Aces Daily Fantasy Sports's Debt to Equity Ratio for the quarter that ended in Sep. 2016 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
=(0.453 + 0) / 0.195
=2.32

* 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 2.32 mean?
Fantasy Aces Daily Fantasy Sports (FASDF) has a Debt-to-Equity of 2.32 as of Sep. 2016. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Fantasy Aces Daily Fantasy Sports and its competitors.
Is Fantasy Aces Daily Fantasy Sports' Debt-to-Equity too high?
Fantasy Aces Daily Fantasy Sports' current Debt-to-Equity is 2.32. The Interactive Media industry median Debt-to-Equity is 0.13. Fantasy Aces Daily Fantasy Sports' value of 2.32 is 1684.6% above this industry median.
How does Fantasy Aces Daily Fantasy Sports' Debt-to-Equity compare to FRZT?
Fantasy Aces Daily Fantasy Sports' Debt-to-Equity of 2.32 can be compared against companies in the Interactive Media industry. The industry median Debt-to-Equity is 0.13. Fantasy Aces Daily Fantasy Sports' value of 2.32 is 1684.6% 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 an Interactive Media company?
The median Debt-to-Equity among Interactive Media companies is 0.13, based on 409 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. Fantasy Aces Daily Fantasy Sports's current Debt-to-Equity of 2.32 is 1684.6% 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 Fantasy Aces Daily Fantasy Sports and its competitors. For the Interactive Media industry, the median Debt-to-Equity is 0.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fantasy Aces Daily Fantasy Sports's current Debt-to-Equity is 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fantasy Aces Daily Fantasy Sports stock overvalued right now?
Fantasy Aces Daily Fantasy Sports (FASDF) has a current Debt-to-Equity of 2.32. The current Debt-to-Equity is 2.32 and 1684.6% above the Interactive Media industry median of 0.13. 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 Fantasy Aces Daily Fantasy Sports (FASDF), the current Debt-to-Equity is 2.32 as of Sep. 2016. 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.

Fantasy Aces Daily Fantasy Sports Business Description

Address 120 Vantis, Suite 300, Aliso Viejo, CA, USA, 92656
Fantasy Aces Daily Fantasy Sports Corp is engaged in the daily fantasy sports games. It offers players the ability to play fantasy sports in a variety of sports including NFL, NBA, NHL and PGA. The company operates in the United States.