LTSAP.PFD (Osaic Financial Services) Debt-to-Equity : 1.45 (As of Dec. 2019)

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What is Osaic Financial Services Debt-to-Equity?

Osaic Financial Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $0.00 Mil. Osaic Financial Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $348.95 Mil. Osaic Financial Services's Total Stockholders Equity for the quarter that ended in Dec. 2019 was $241.46 Mil. Osaic Financial Services's debt to equity for the quarter that ended in Dec. 2019 was 1.45.

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

LTSAP.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: -7.86 Med: 0.44 Max: 4.03
Current: 1.41

During the past 13 years, the highest Debt-to-Equity Ratio of Osaic Financial Services was 4.03. The lowest was -7.86. And the median was 0.44.

LTSAP.PFD's Debt-to-Equity is not ranked
in the Capital Markets industry.
Industry Median: 0.3 vs LTSAP.PFD: 1.41

Osaic Financial Services Debt-to-Equity Historical Data

The historical data trend for Osaic Financial Services'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.

Osaic Financial Services Debt-to-Equity Chart

Osaic Financial Services Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Debt-to-Equity

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0.14

0.07

0.26

1.00

1.45

Osaic Financial Services Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Debt-to-Equity	Get a 7-Day Free Trial															1.00	1.18	1.43	1.41	1.45

Competitive Comparison of Osaic Financial Services's Debt-to-Equity

For the Capital Markets subindustry, Osaic Financial Services'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.

Osaic Financial Services's Debt-to-Equity Distribution in the Capital Markets Industry

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

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

Osaic Financial Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Osaic Financial Services's Debt to Equity Ratio for the fiscal year 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
	=	(0	+	348.953)	/	241.456
	=	1.45

Osaic Financial Services'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
	=	(0	+	348.953)	/	241.456
	=	1.45

Osaic Financial Services (OTCPK:LTSAP.PFD) 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.

Osaic Financial Services Debt-to-Equity Related Terms

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

Osaic Financial Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Osaic Financial Services Inc (OTCPK:LTSAP.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

4400 Biscayne Boulevard, 12th Floor, Miami, FL, USA, 33137

Website

https://www.ladenburg.com

Osaic Financial Services Inc formerly Ladenburg Thalmann Financial Services Inc is a United States-based company that provides diversified financial services. The company conducts operations through a number of subsidiaries, with three operating segments. The independent brokerage and advisory services segment consists of broker-dealer and investment advisory services, along with wealth-management services. The Ladenburg segment comprises investment banking, sales and trading and asset management services, and investment activities. The insurance brokerage segment comprises wholesale insurance brokerage activities. The company generates the majority of revenue from the independent brokerage and advisory services segment. Its business is concentrated in the United States.

Executives

Michael Liebowitz	director	4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Vector Group Ltd	10 percent owner	4400 BISCAYNE BOULEVARD, 10TH FLOOR, MIAMI FL 33137
Glenn C Davis	director	4400 BISCAYNE BOULEVARD, 12TH FLOOR, MIAMI FL 33137
Joseph Giovanniello	officer: Senior Vice President	520 MADISON AVENUE, 9TH FLOOR, NEW YORK NY 10022
Dmitry Kolosov	director	C/O OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 33137
Adam Scott Malamed	officer: Chief Operating Officer	4400 BISCAYNE BLVD., 12TH FLOOR, MIAMI FL 33137
Jacqueline M Simkin	director	801 BRICKELL AVENUE, SUITE 2350, MIAMI FL 33131
Frost Nevada Investments Trust	10 percent owner	4400 BISCAYNE BOULEVARD, 15TH FLOOR, MIAMI FL 33137
Brett Kaufman	officer: Vice President and CFO	4400 BISCAYNE BLVD., 12TH FLOOR, MIAMI FL 33137
Frost Gamma Investments Trust	10 percent owner	4400 BISCAYNE BLVD, MIAMI FL 33137
Richard M Krasno	director	C/O OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 31337
Saul Gilinski	director	C.I. FARMACAPSULAS S.A., 1893 S.W. THIRD STREET, POMPANO BEACH FL 33069
Diane Chillemi	officer: Chief Financial Officer	GBI CAPITAL MANAGEMENT CORP, 1055 STEWART AVE, BETHPAGE NY 11714
Richard J Rosenstock	director	C/O GAINES BERLAND INC, 1055 STEWART AVENUE, BETHPAGE NY 11714
Bruce S Mendelsohn	officer: Managing Director & Senior EVP	LADENBURG THALMANN FINANCIAL SERVICES, 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022