GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Flagstar Financial Inc (NYSE:FLG) » Definitions » Debt-to-Equity

FLG (Flagstar Financial) Debt-to-Equity : 2.37 (As of Sep. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Flagstar Financial Debt-to-Equity?

Flagstar Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0 Mil. Flagstar Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $20,273 Mil. Flagstar Financial's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $8,571 Mil. Flagstar Financial's debt to equity for the quarter that ended in Sep. 2024 was 2.37.

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

FLG' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.28   Med: 2.01   Max: 3.59
Current: 2.37

During the past 13 years, the highest Debt-to-Equity Ratio of Flagstar Financial was 3.59. The lowest was 1.28. And the median was 2.01.

FLG's Debt-to-Equity is ranked worse than
88.13% of 1458 companies
in the Banks industry
Industry Median: 0.64 vs FLG: 2.37

Flagstar Financial Debt-to-Equity Historical Data

The historical data trend for Flagstar 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.

Flagstar Financial Debt-to-Equity Chart

Flagstar Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.09 2.27 2.24 3.59 2.54

Flagstar 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 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 1.28 2.54 2.95 3.43 2.37

Competitive Comparison of Flagstar Financial's Debt-to-Equity

For the Banks - Regional subindustry, Flagstar 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.


Flagstar Financial's Debt-to-Equity Distribution in the Banks Industry

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

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



Flagstar Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Flagstar Financial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Flagstar Financial's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* 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.


Flagstar Financial  (NYSE:FLG) 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.


Flagstar Financial Debt-to-Equity Related Terms

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


Flagstar Financial Business Description

Traded in Other Exchanges
Address
102 Duffy Avenue, Hicksville, Hicksville, NY, USA, 11801
Flagstar Financial Inc operates over 400 branches, including a presence in the Northeast and Midwest and locations in high-growth markets in the Southeast and West Coast. In addition, the Bank has approximately 90 private banking teams located in over 10 cities in the metropolitan New York City region and on the West Coast, which serve the needs of high net-worth individuals and their businesses.
Executives
Marshall Lux director 5 BREWSTER STREET #2105, GLEN COVE NY 11542
Peter Schoels director GLOBAL AERO LOGISTICS INC., 101 WORLD DRIVE, PEACHTREE CITY GA 30269
Lee Matthew Smith officer: SEVP & President of Mortgage C/O FLAGSTAR BANCORP INC., 5151 CORPORATE DRIVE, TROY MI 48098
David L Treadwell director 222 S 15TH STREET, SUITE 600 N, OMAHA NE 68102
Jennifer R Whip director 621 PUGH ROAD, WAYNE PA 19087
Julie Signorille officer: SEVP & COO 102 DUFFY AVENUE, HICKSVILLE NY 11801
Thomas R Cangemi officer: Senior Executive VP C/O NEW YORK COMMUNITY BANCORP INC, 102 DUFFY AVENUE, HICKSVILLE NY 11801
Reginald E Davis officer: Sr EVP & President of Banking 5151 CORPORATE DRIVE, TROY MI 48098
Eric Howell officer: SEVP/Pres Comm & Private Bking 102 DUFFY AVENUE, HICKSVILLE NY 11801
Nicholas Christopher Munson officer: EVP & Chief Risk Officer C/O NEW YORK COMMUNITY BANCORP, INC., 102 DUFFY AVENUE, HICKSVILLE NY 11801
Bryan Marx officer: EVP & Princ Accounting Officer 5151 CORPORATE DRIVE, TROY MI 48098
John Thomas Adams officer: SEVP Dir. Multi-Family Lending C/O NEW YORK COMMUNITY BANCORP, INC., 102 DUFFY AVENUE, HICKSVILLE NY 11801
Ronald A. Rosenfeld director NEW YORK COMMUNITY BANCORP INC, 102 DUFFY AVENUE, HICKSVILLE NY 11801
Alessandro Dinello director, other: Non-Executive Chairman 5300 DEER RIDGE ROAD, JACKSON MI 49201
Toan Huynh director 5151 CORPORATE DRIVE, TROY MI 48098