FGETF (Flight Centre Travel Group) Debt-to-Equity : 0.76 (As of Dec. 2024)

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What is Flight Centre Travel Group Debt-to-Equity?

Flight Centre Travel Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $104 Mil. Flight Centre Travel Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $494 Mil. Flight Centre Travel Group's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $783 Mil. Flight Centre Travel Group's debt to equity for the quarter that ended in Dec. 2024 was 0.76.

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 Flight Centre Travel Group's Debt-to-Equity or its related term are showing as below:

FGETF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.63 Max: 1.84
Current: 0.76

During the past 13 years, the highest Debt-to-Equity Ratio of Flight Centre Travel Group was 1.84. The lowest was 0.02. And the median was 0.63.

FGETF's Debt-to-Equity is ranked worse than
64.39% of 688 companies
in the Travel & Leisure industry
Industry Median: 0.43 vs FGETF: 0.76

Flight Centre Travel Group Debt-to-Equity Historical Data

The historical data trend for Flight Centre Travel Group'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.

Flight Centre Travel Group Debt-to-Equity Chart

Flight Centre Travel Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

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0.71

1.34

1.70

1.20

0.82

Flight Centre Travel Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.80	1.20	0.86	0.82	0.76

Competitive Comparison of Flight Centre Travel Group's Debt-to-Equity

For the Travel Services subindustry, Flight Centre Travel Group'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.

Flight Centre Travel Group's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Flight Centre Travel Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Flight Centre Travel Group's Debt-to-Equity falls into.

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Flight Centre Travel Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Flight Centre Travel Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 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
	=	(247.529	+	408.614)	/	798.327
	=	0.82

Flight Centre Travel Group's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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
	=	(103.788	+	493.621)	/	783.273
	=	0.76

Flight Centre Travel Group (OTCPK:FGETF) 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.

Flight Centre Travel Group Debt-to-Equity Related Terms

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Flight Centre Travel Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Flight Centre Travel Group Ltd (OTCPK:FGETF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FLT:Australia

Address

275 Grey Street, South Brisbane, Brisbane, QLD, AUS, 4101

Website

https://www.fctgl.com

Flight Centre Travel is one of the largest travel agencies in the world. The group generates just over 50% of its total transaction value, or TTV, from the corporate market, just under 50% from the leisure market, and the rest from ancillary travel-related businesses. In corporate travel, Flight Centre is a global Top 4 operator operating in over 100 countries, with different brands catering to various customer segments (small and midsize businesses to large enterprises). In leisure, Flight Centre operates a network of over 550 shops generating 70% of the leisure TTV, online channels generating just under 20%, and the rest from independent agents. Over half of group TTV is generated in Australia and New Zealand, 20% from Americas, just under 20% from Europe, and the rest from Asia.