Forise International (SGX:8A1) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Forise International Debt-to-Equity?

Forise International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0.00 Mil. Forise International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0.00 Mil. Forise International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$1.21 Mil. Forise International's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Forise International's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Forise International was 19.17. The lowest was -1.76. And the median was 0.05.

SGX:8A1's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Forise International Debt-to-Equity Historical Data

The historical data trend for Forise International'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.

Forise International Debt-to-Equity Chart

Forise International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.05

Forise International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Forise International's Debt-to-Equity

For the Asset Management subindustry, Forise International'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.

Forise International's Debt-to-Equity Distribution in the Asset Management Industry

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

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

Forise International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Forise International's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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	+	0)	/	1.209
	=	0.00

Forise International's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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	+	0)	/	1.209
	=	0.00

Forise International (SGX:8A1) 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.

Forise International Debt-to-Equity Related Terms

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Forise International (SGX:8A1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Forise International Ltd (SGX:8A1) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Scotts Road, No. 04-08, Suite 22, 15 Scotts, Singapore, SGP, 228218

Website

https://www.foriseinternational.com

Forise International Ltd is a Singapore-based investment holding company. The company operates in three segments: Corporate Advisory, Management consultancy, and All other segments. Its solutions include strategic planning, corporate advisory, financial restructuring advisory, management consultancy services, commercial Factoring, and asset Management. The company's geographical segments are China, Singapore, Denmark, and the United Arab Emirates, of which the majority of its revenue comes from Singapore.

Forise International (SGX:8A1) Headlines

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