Fragrant Prosperity Holdings (LSE:FPP) Debt-to-Equity : -0.75 (As of Sep. 2024)

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What is Fragrant Prosperity Holdings Debt-to-Equity?

Fragrant Prosperity Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was £0.55 Mil. Fragrant Prosperity Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was £0.00 Mil. Fragrant Prosperity Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was £-0.74 Mil. Fragrant Prosperity Holdings's debt to equity for the quarter that ended in Sep. 2024 was -0.75.

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 Fragrant Prosperity Holdings's Debt-to-Equity or its related term are showing as below:

LSE:FPP' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.51 Med: -1.01 Max: 1.05
Current: -0.75

During the past 8 years, the highest Debt-to-Equity Ratio of Fragrant Prosperity Holdings was 1.05. The lowest was -2.51. And the median was -1.01.

LSE:FPP's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.16 vs LSE:FPP: -0.75

Fragrant Prosperity Holdings Debt-to-Equity Historical Data

The historical data trend for Fragrant Prosperity Holdings'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.

Fragrant Prosperity Holdings Debt-to-Equity Chart

Fragrant Prosperity Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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-2.10

1.05

-1.17

-0.94

-0.83

Fragrant Prosperity Holdings Semi-Annual Data
	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial											-1.08	-0.94	-0.90	-0.83	-0.75

Competitive Comparison of Fragrant Prosperity Holdings's Debt-to-Equity

For the Shell Companies subindustry, Fragrant Prosperity Holdings'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.

Fragrant Prosperity Holdings's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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

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Fragrant Prosperity Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fragrant Prosperity Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0.536	+	0)	/	-0.649
	=	-0.83

Fragrant Prosperity Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.552	+	0)	/	-0.739
	=	-0.75

Fragrant Prosperity Holdings (LSE:FPP) 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.

Fragrant Prosperity Holdings Debt-to-Equity Related Terms

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Fragrant Prosperity Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fragrant Prosperity Holdings Ltd (LSE:FPP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wickhams Cay II, Vistra Corporate Services Centre, Tortola, Road Town, VGB, VG1110

Website

https://www.fragrantprosperityholdings.com

Fragrant Prosperity Holdings Ltd is a special-purpose acquisition company.

Fragrant Prosperity Holdings Headlines

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