Raymond James Financial (LTS:0KU1) Debt-to-Equity : 0.27 (As of Sep. 2024)

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What is Raymond James Financial Debt-to-Equity?

Raymond James Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0 Mil. Raymond James Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $3,089 Mil. Raymond James Financial's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $11,673 Mil. Raymond James Financial's debt to equity for the quarter that ended in Sep. 2024 was 0.26.

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

LTS:0KU1' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 0.38 Max: 0.55
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Raymond James Financial was 0.55. The lowest was 0.27. And the median was 0.38.

LTS:0KU1's Debt-to-Equity is ranked worse than
57.03% of 975 companies
in the Asset Management industry
Industry Median: 0.2 vs LTS:0KU1: 0.27

Raymond James Financial Debt-to-Equity Historical Data

The historical data trend for Raymond James 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.

* Premium members only.

Raymond James Financial Debt-to-Equity Chart

Raymond James Financial Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Debt-to-Equity

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0.41

0.35

0.31

0.27

Raymond James Financial Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.31	0.29	0.30	0.28	0.27

Competitive Comparison of Raymond James Financial's Debt-to-Equity

For the Asset Management subindustry, Raymond James 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.

Raymond James Financial's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Raymond James Financial's Debt-to-Equity distribution charts can be found below:

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

Raymond James Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Raymond James Financial's Debt to Equity Ratio for the fiscal year 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	+	3089)	/	11673
	=	0.26

Raymond James Financial'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	+	3089)	/	11673
	=	0.26

Raymond James Financial (LTS:0KU1) 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.

Raymond James Financial Debt-to-Equity Related Terms

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Raymond James Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Raymond James Financial Inc (LTS:0KU1) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

RJF:USA RJF:Mexico RJF:Germany R1JF34:Brazil

Address

880 Carillon Parkway, Saint Petersburg, FL, USA, 33716

Website

https://www.raymondjames.com

Raymond James Financial is a financial holding company whose major operations include wealth management, investment banking, asset management, and commercial banking. The company supports more than 8,000 employee and independent contractor financial advisors across the United States, Canada, and the United Kingdom with over $1.2 trillion of assets under administration as of September 2023. Approximately 90% of the company's revenue is from the US and 70% is from the company's wealth-management segment.

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