VFD Group (NSA:VFDGROUP) Debt-to-Equity : 0.00 (As of . 20)

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What is VFD Group Debt-to-Equity?

VFD Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ₦0.00 Mil. VFD Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ₦0.00 Mil. VFD Group's Total Stockholders Equity for the quarter that ended in . 20 was ₦0.00 Mil.

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

NSA:VFDGROUP's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.2
* Ranked among companies with meaningful Debt-to-Equity only.

VFD Group Debt-to-Equity Historical Data

The historical data trend for VFD Group'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.

VFD Group Debt-to-Equity Chart

VFD Group Annual Data

Trend

Debt-to-Equity

VFD Group Semi-Annual Data

Debt-to-Equity

Competitive Comparison of VFD Group's Debt-to-Equity

For the Asset Management subindustry, VFD Group'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.

VFD Group's Debt-to-Equity Distribution in the Asset Management Industry

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

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

VFD Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

VFD Group'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

VFD Group's Debt to Equity Ratio for the quarter 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

VFD Group (NSA:VFDGROUP) 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.

VFD Group Debt-to-Equity Related Terms

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

VFD Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » VFD Group Plc (NSA:VFDGROUP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Macgregor Road, Ikoyi, Lagos, NGA

Website

https://www.vfdgroup.com

VFD Group Plc is a company whose business is to create value in the Nigerian and African informal sectors while developing innovative and accessible products and solutions in the formal sector. Their diverse portfolio, which includes financial services, asset management, real estate, and Fintech, to name a few, represents a uniquely diversified investment bouquet that helps them manage risk and allows them to build an ecosystem with various complementary offerings.

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