IFAN (IFAN Financial) Debt-to-Equity: 0.48 (As of May. 2016)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is IFAN Financial Debt-to-Equity?

IFAN Financial IFAN -99.00% Debt-to-Equity is 0.48 as of May. 2016.

IFAN Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2016 was $0.78 Mil. IFAN Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2016 was $0.00 Mil. IFAN Financial's Total Stockholders Equity for the quarter that ended in May. 2016 was $1.65 Mil. IFAN Financial's debt to equity for the quarter that ended in May. 2016 was 0.48.

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

IFAN'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.

IFAN Financial  (OTCPK:IFAN) 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.

IFAN Financial Debt-to-Equity Related Terms

IFAN Financial Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for IFAN Financial'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.

IFAN Financial Debt-to-Equity Chart

IFAN Financial Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15
Debt-to-Equity
0.00 0.00 0.00 0.00 0.13

IFAN Financial Quarterly Data
Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16
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 0.06 0.13 0.21 0.31 0.48

IFAN vs ADAC, VCAN, CIIT: Debt-to-Equity Comparison

For the Shell Companies subindustry, IFAN Financial'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.

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

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

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


IFAN Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IFAN Financial's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
=(0.476 + 0) / 3.574
=0.13

IFAN Financial's Debt to Equity Ratio for the quarter that ended in May. 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
=(0.782 + 0.004) / 1.651
=0.48

* 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 0.48 mean?
IFAN Financial (IFAN) has a Debt-to-Equity of 0.48 as of May. 2016. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on IFAN Financial and its competitors.
Is IFAN Financial's Debt-to-Equity too high?
IFAN Financial's current Debt-to-Equity is 0.48. The Diversified Financial Services industry median Debt-to-Equity is 0.18. IFAN Financial's value of 0.48 is 166.7% above this industry median.
How does IFAN Financial's Debt-to-Equity compare to ADAC and VCAN?
IFAN Financial's Debt-to-Equity of 0.48 can be compared against companies in the Diversified Financial Services industry. The industry median Debt-to-Equity is 0.18. IFAN Financial's value of 0.48 is 166.7% 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 a Diversified Financial Services company?
The median Debt-to-Equity among Diversified Financial Services companies is 0.18, based on 167 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. IFAN Financial's current Debt-to-Equity of 0.48 is 166.7% 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 IFAN Financial 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. IFAN Financial's current Debt-to-Equity is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFAN Financial stock overvalued right now?
IFAN Financial (IFAN) has a current Debt-to-Equity of 0.48. The current Debt-to-Equity is 0.48 and 166.7% above the Diversified Financial Services industry median of 0.18. 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 IFAN Financial (IFAN), the current Debt-to-Equity is 0.48 as of May. 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.

IFAN Financial Business Description

Address 607 Shelby, 700-1005, Detroit, MI, USA, 48226
IFAN Financial Inc is a shell company.