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FDVA (Freedom Finl Hldgs) Debt-to-Equity : 1.41 (As of Sep. 2024)


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What is Freedom Finl Hldgs Debt-to-Equity?

Freedom Finl Hldgs's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Freedom Finl Hldgs's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $117.15 Mil. Freedom Finl Hldgs's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $83.03 Mil. Freedom Finl Hldgs's debt to equity for the quarter that ended in Sep. 2024 was 1.41.

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 Freedom Finl Hldgs's Debt-to-Equity or its related term are showing as below:

FDVA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.51   Max: 1.54
Current: 1.41

During the past 13 years, the highest Debt-to-Equity Ratio of Freedom Finl Hldgs was 1.54. The lowest was 0.06. And the median was 0.51.

FDVA's Debt-to-Equity is ranked worse than
76.4% of 1449 companies
in the Banks industry
Industry Median: 0.64 vs FDVA: 1.41

Freedom Finl Hldgs Debt-to-Equity Historical Data

The historical data trend for Freedom Finl Hldgs'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.

Freedom Finl Hldgs Debt-to-Equity Chart

Freedom Finl Hldgs Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.46 0.61 0.70 0.93

Freedom Finl Hldgs Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.56 0.93 1.38 1.54 1.41

Competitive Comparison of Freedom Finl Hldgs's Debt-to-Equity

For the Banks - Regional subindustry, Freedom Finl Hldgs'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.


Freedom Finl Hldgs's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Freedom Finl Hldgs's Debt-to-Equity distribution charts can be found below:

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



Freedom Finl Hldgs Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Freedom Finl Hldgs's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Freedom Finl Hldgs's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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.


Freedom Finl Hldgs  (OTCPK:FDVA) 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.


Freedom Finl Hldgs Debt-to-Equity Related Terms

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Freedom Finl Hldgs Business Description

Traded in Other Exchanges
N/A
Address
10555 Main Street, Suite 100, Fairfax, VA, USA, 22030
Freedom Finl Hldgs Inc provides various banking products and services. It offers checking, savings, money market, certificate of deposits, online and mobile banking among others.