FGCO (Financial Gravity) Debt-to-Equity: 0.11 (As of Jun. 2023)

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FGCO Financial Gravity Companies Inc FGCO
34 GF Score
Price $0.06
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What is Financial Gravity Debt-to-Equity?

Financial Gravity FGCO +3.77% 34 Debt-to-Equity is 0.11 as of Jun. 2023. GuruFocus rates FGCO with a GF Score™ of 34/100.

Financial Gravity's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.10 Mil. Financial Gravity's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.17 Mil. Financial Gravity's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $2.53 Mil. Financial Gravity's debt to equity for the quarter that ended in Jun. 2023 was 0.11.

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

FGCO's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.18
* Ranked among companies with meaningful Debt-to-Equity only.

Financial Gravity  (OTCPK:FGCO) 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.

Financial Gravity Debt-to-Equity Related Terms

Financial Gravity Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Financial Gravity'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.

Financial Gravity Debt-to-Equity Chart

Financial Gravity Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.45 0.08 0.14 0.40 0.18

Financial Gravity Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
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 0.42 0.21 0.18 0.18 0.11

FGCO vs VOYA: Debt-to-Equity Comparison

For the Financial Conglomerates subindustry, Financial Gravity'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.

Financial Gravity Debt-to-Equity vs Diversified Financial Services Industry

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

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


FGCO
34GF Score
Financial Gravity Companies Inc FGCO
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Financial Gravity Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Financial Gravity's Debt to Equity Ratio for the fiscal year that ended in Sep. 2022 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
=(0.158 + 0.208) / 2.042
=0.18

Financial Gravity's Debt to Equity Ratio for the quarter that ended in Jun. 2023 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
=(0.098 + 0.172) / 2.533
=0.11

* 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 0.11 mean?
Financial Gravity (FGCO) has a Debt-to-Equity of 0.11 as of Jun. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Financial Gravity and its competitors.
Is Financial Gravity's Debt-to-Equity too high?
Financial Gravity's current Debt-to-Equity is 0.11. The Diversified Financial Services industry median Debt-to-Equity is 0.18. Financial Gravity's value of 0.11 is 38.9% below this industry median. Overall, Financial Gravity has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Financial Gravity's Debt-to-Equity compare to VOYA?
Financial Gravity's Debt-to-Equity of 0.11 can be compared against companies in the Diversified Financial Services industry. The industry median Debt-to-Equity is 0.18. Financial Gravity's value of 0.11 is 38.9% below 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 a Diversified Financial Services company?
The median Debt-to-Equity among Diversified Financial Services companies is 0.18, based on 171 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. Financial Gravity's current Debt-to-Equity of 0.11 is 38.9% 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 Financial Gravity and its competitors. For the Diversified Financial Services industry, the median Debt-to-Equity is 0.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Financial Gravity's current Debt-to-Equity is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Financial Gravity stock overvalued right now?
Financial Gravity (FGCO) has a current Debt-to-Equity of 0.11. The current Debt-to-Equity is 0.11 and 38.9% below the Diversified Financial Services industry median of 0.18. Financial Gravity's overall GF Score™ is 34/100. 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 Financial Gravity (FGCO), the current Debt-to-Equity is 0.11 as of Jun. 2023. 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.

Financial Gravity Business Description

Address 2501 Ranch Road 620 South, Suite 110, Lakeway, TX, USA, 78734
Financial Gravity Companies Inc through its subsidiaries, helps investment advisors and tax professionals expand their businesses by adding additional services, including their own multi-family office. Financial services professionals are able to leverage Financial Gravity systems, technology, proprietary resources, and deep domain expertise to provide a comprehensive financial service experience to their clients that spans proactive tax planning, retirement and estate planning, wealth management, and risk mitigation. The company's operating segments include FGCO, Forta, FGAM, FGFOS, FGIS, FGEM, and TMN.
34GF Score

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

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