Fintech Asia (LSE:FINA) Debt-to-Equity : 0.00 (As of Dec. 2022)

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What is Fintech Asia Debt-to-Equity?

Fintech Asia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was £0.00 Mil. Fintech Asia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was £0.00 Mil. Fintech Asia's Total Stockholders Equity for the quarter that ended in Dec. 2022 was £0.89 Mil. Fintech Asia's debt to equity for the quarter that ended in Dec. 2022 was 0.00.

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 Fintech Asia's Debt-to-Equity or its related term are showing as below:

LSE:FINA's Debt-to-Equity is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.125
* Ranked among companies with meaningful Debt-to-Equity only.

Fintech Asia Debt-to-Equity Historical Data

The historical data trend for Fintech Asia'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.

Fintech Asia Debt-to-Equity Chart

Fintech Asia Annual Data

Trend

Debt-to-Equity

Fintech Asia Semi-Annual Data
	Dec21	Jun22	Dec22
Debt-to-Equity	N/A	-	-

Competitive Comparison of Fintech Asia's Debt-to-Equity

For the Shell Companies subindustry, Fintech Asia'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.

Fintech Asia's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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

Fintech Asia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fintech Asia's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Fintech Asia's Debt to Equity Ratio for the quarter that ended in Dec. 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	+	0)	/	0.892
	=	0.00

Fintech Asia (LSE:FINA) 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.

Fintech Asia Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Fintech Asia's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Fintech Asia (LSE:FINA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fintech Asia Ltd (LSE:FINA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Les Echelons Court, Les Echelons, Saint Peter Port, GGY, GY1 1AR

Website

https://www.fintechasialtd.com

Fintech Asia Ltd is an investment company. The principal activity of the company is to undertake the acquisition of one or more companies or businesses in the financial technology sector that offer new technologies that seek to improve and automate the delivery and use of financial services in Asia or from Asia into the Western economies. It is formed to undertake acquisitions of target companies or businesses in the Fintech sector.

Fintech Asia (LSE:FINA) Headlines

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