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What is First Trust Senior Floating Rateome Fund II Debt-to-Equity?
First Trust Senior Floating Rateome Fund IIFCT 24 Debt-to-Equity is 0.15 as of Nov. 2025, which is 62% below its 10-year median of 0.39. GuruFocus rates FCT with a GF Score™ of 24/100. The stock has 7 warning signs investors should review. Among 960 Asset Management companies, First Trust Senior Floating Rateome Fund II ranks better than 59.9% on this metric.
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.
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.
First Trust Senior Floating Rateome Fund II Debt-to-Equity Related Terms
First Trust Senior Floating Rateome Fund II Debt-to-Equity Historical Data
* 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.
First Trust Senior Floating Rateome Fund II Debt-to-Equity Chart
First Trust Senior Floating Rateome Fund II Annual Data
For the Asset Management subindustry, First Trust Senior Floating Rateome Fund II'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.
First Trust Senior Floating Rateome Fund II Debt-to-Equity vs Asset Management Industry
* 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.
First Trust Senior Floating Rateome Fund II (FCT) has a Debt-to-Equity of 0.15 as of Nov. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on First Trust Senior Floating Rateome Fund II and its competitors. This is 62% below median its historical median of 0.39. Over the past decade, First Trust Senior Floating Rateome Fund II's Debt-to-Equity has ranged from 0.11 to 0.45. According to the industry distribution chart, First Trust Senior Floating Rateome Fund II ranks #385 out of 960 companies in the Asset Management industry, placing it in the top 40.1%.
Is First Trust Senior Floating Rateome Fund II's Debt-to-Equity too high?
First Trust Senior Floating Rateome Fund II's current Debt-to-Equity of 0.15 is 62% below median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.45. The Asset Management industry median Debt-to-Equity is 0.21. First Trust Senior Floating Rateome Fund II's value of 0.15 is 28.6% below this industry median. Based on the distribution chart, First Trust Senior Floating Rateome Fund II ranks #385 out of 960 companies in the Asset Management industry, which is above the industry midpoint. Overall, First Trust Senior Floating Rateome Fund II has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does First Trust Senior Floating Rateome Fund II's Debt-to-Equity compare to GLO and ERC?
According to the Asset Management industry distribution chart, First Trust Senior Floating Rateome Fund II ranks #385 out of 960 companies for Debt-to-Equity. This puts First Trust Senior Floating Rateome Fund II in the upper half of its industry. The industry median Debt-to-Equity is 0.21. First Trust Senior Floating Rateome Fund II's value of 0.15 is 28.6% below this benchmark. Historically, First Trust Senior Floating Rateome Fund II's own Debt-to-Equity has ranged from 0.11 to 0.45 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.21, First Trust Senior Floating Rateome Fund II 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 960 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. First Trust Senior Floating Rateome Fund II's current Debt-to-Equity of 0.15 is 28.6% 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 First Trust Senior Floating Rateome Fund II 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. First Trust Senior Floating Rateome Fund II's current Debt-to-Equity is 0.15, which is 62% below median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Trust Senior Floating Rateome Fund II stock overvalued right now?
First Trust Senior Floating Rateome Fund II (FCT) has a current Debt-to-Equity of 0.15. The current Debt-to-Equity is 0.15, which is 62% below median its 10-year median of 0.39 and 28.6% below the Asset Management industry median of 0.21. First Trust Senior Floating Rateome Fund II's overall GF Score™ is 24/100 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 First Trust Senior Floating Rateome Fund II (FCT), the current Debt-to-Equity is 0.15 as of Nov. 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.
First Trust Senior Floating Rateome Fund II Business Description
First Trust Senior Floating Rate Income Fund II is a United States-based diversified, closed-end management investment company. Its investment objective is to seek a high level of current income. As a secondary objective, it attempts to preserve capital. The fund invests in a portfolio of senior secured floating-rate corporate loans (Senior Loans) of companies from different industries, such as Insurance, Software, Health Care Providers and Services, Professional Services, Health Care Technology, IT Services, and others.
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