FastJet (LSE:FJET) Debt-to-Equity: 1.21 (As of Dec. 2019) — 86% Above Median

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What is FastJet Debt-to-Equity?

FastJet LSE:FJET +7.14% Debt-to-Equity is 1.21 as of Dec. 2019, which is 86% above its 10-year median of 0.65. The stock has 7 warning signs investors should review.

FastJet's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was £1.37 Mil. FastJet's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was £2.94 Mil. FastJet's Total Stockholders Equity for the quarter that ended in Dec. 2019 was £3.56 Mil. FastJet's debt to equity for the quarter that ended in Dec. 2019 was 1.21.

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

LSE:FJET' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.99   Med: 0.65   Max: 16.39
Current: 0.82

During the past 13 years, the highest Debt-to-Equity Ratio of FastJet was 16.39. The lowest was -0.99. And the median was 0.65.

LSE:FJET's Debt-to-Equity is not ranked
in the Transportation industry.
Industry Median: 0.54 vs LSE:FJET: 0.82

FastJet  (LSE:FJET) 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.


FastJet Debt-to-Equity Related Terms


FastJet Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for FastJet'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.

FastJet Debt-to-Equity Chart

FastJet Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.35 0.56 1.21 0.86 0.39

FastJet Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Jun12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 2.35 16.39 0.56 0.82 1.21

LSE:FJET vs LUV, DAL, UAL: Debt-to-Equity Comparison

For the Airlines subindustry, FastJet'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.


FastJet Debt-to-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, FastJet's Debt-to-Equity distribution charts can be found below:

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



FastJet Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FastJet's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
=(1.2130385027249 + 3.0145077337952) / 10.862711801942
=0.39

FastJet's Debt to Equity Ratio for the quarter that ended in Dec. 2019 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
=(1.36856010569 + 2.935648235537) / 3.5584072466756
=1.21

* 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 1.21 mean?
FastJet (LSE:FJET) has a Debt-to-Equity of 1.21 as of Dec. 2019. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on FastJet and its competitors. This is 86% above median its historical median of 0.65.
Is FastJet's Debt-to-Equity too high?
FastJet's current Debt-to-Equity of 1.21 is 86% above median its 10-year median of 0.65. The Transportation industry median Debt-to-Equity is 0.54. FastJet's value of 1.21 is 124.1% above this industry median.
How does FastJet's Debt-to-Equity compare to LUV and DAL?
FastJet's Debt-to-Equity of 1.21 can be compared against companies in the Transportation industry. The industry median Debt-to-Equity is 0.54. FastJet's value of 1.21 is 124.1% above this benchmark. While the company's 10-year median is 0.65 vs. the industry median of 0.54, FastJet has consistently been above the industry average. 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 Transportation company?
The median Debt-to-Equity among Transportation companies is 0.54, based on 921 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. FastJet's current Debt-to-Equity of 1.21 is 124.1% 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 FastJet and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FastJet's current Debt-to-Equity is 1.21, which is 86% above median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FastJet stock overvalued right now?
FastJet (LSE:FJET) has a current Debt-to-Equity of 1.21. The current Debt-to-Equity is 1.21, which is 86% above median its 10-year median of 0.65 and 124.1% above the Transportation industry median of 0.54. 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 FastJet (LSE:FJET), the current Debt-to-Equity is 1.21 as of Dec. 2019. 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.

FastJet Business Description

Address 60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR
FastJet PLC is engaged in the business of providing airline services under fastjet brand. The company's geographical segments include Zimbabwe, Mozambique as well as Central and Federal Airlines. Its revenue consists of Passenger, Charter, Ancillary services, Cargo and Other revenue.