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SPFX (Standard Premium Finance Holdings) Debt-to-Equity : 7.33 (As of Dec. 2024)


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What is Standard Premium Finance Holdings Debt-to-Equity?

Standard Premium Finance Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $45.71 Mil. Standard Premium Finance Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $8.14 Mil. Standard Premium Finance Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $7.35 Mil. Standard Premium Finance Holdings's debt to equity for the quarter that ended in Dec. 2024 was 7.32.

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 Standard Premium Finance Holdings's Debt-to-Equity or its related term are showing as below:

SPFX' s Debt-to-Equity Range Over the Past 10 Years
Min: 7.12   Med: 8.51   Max: 11.39
Current: 7.33

During the past 6 years, the highest Debt-to-Equity Ratio of Standard Premium Finance Holdings was 11.39. The lowest was 7.12. And the median was 8.51.

SPFX's Debt-to-Equity is ranked worse than
92.82% of 432 companies
in the Credit Services industry
Industry Median: 1.21 vs SPFX: 7.33

Standard Premium Finance Holdings Debt-to-Equity Historical Data

The historical data trend for Standard Premium Finance Holdings'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.

Standard Premium Finance Holdings Debt-to-Equity Chart

Standard Premium Finance Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial 9.24 8.94 7.12 8.09 7.33

Standard Premium Finance Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 8.09 8.50 8.26 7.88 7.33

Competitive Comparison of Standard Premium Finance Holdings's Debt-to-Equity

For the Credit Services subindustry, Standard Premium Finance Holdings'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.

Standard Premium Finance Holdings's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Standard Premium Finance Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Standard Premium Finance Holdings's Debt-to-Equity falls into.


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Standard Premium Finance Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Standard Premium Finance Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
=(45.711 + 8.142) / 7.352
=7.32

Standard Premium Finance Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 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
=(45.711 + 8.142) / 7.352
=7.32

* 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.

Standard Premium Finance Holdings  (OTCPK:SPFX) 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.

Standard Premium Finance Holdings Debt-to-Equity Related Terms

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

Standard Premium Finance Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Standard Premium Finance Holdings Inc (OTCPK:SPFX) » Definitions » Debt-to-Equity
Comparable Companies
AIJTY VNTA SNTG LMFA AIHS DXF MCVT FITY COSG PT V MA AXP COF BOM:500034 PYPL DFS SYF BOM:543257 BOM:532810
Traded in Other Exchanges
N/A
Address
13590 South West 134th Avenue, Suite 214, Miami, FL, USA, 33186
Website
https://www.standardpremium.com
Standard Premium Finance Holdings Inc is a specialized finance company that makes collateralized loans to businesses and individuals to finance the insurance premiums to pay on their commercial property and casualty insurance policies. The company operates in the states of Arizona, Colorado, Florida, Georgia, Maryland, North Carolina, Pennsylvania, South Carolina, Texas, and Virginia. The company originate loans mainly in Florida, although it operates in several states. It generates the majority of its revenue through interest income and the associated fees earned from loan products.
Executives
William Koppelmann director, 10 percent owner, officer: CEO 13590 SW 134TH AVE #214, MIAMI FL 33186
Brian Krogol director, officer: CFO 13590 SW 134TH AVE #214, MIAMI FL 33186
Carl Christian Hoechner director 13590 SW 134TH AVE #214, MIAMI FL 33186
John Leavitt director 13590 SW 134TH AVE #214, MIAMI FL 33186
Margaret Ruiz officer: Corporate Secretary 13590 SW 134TH AVE #214, MIAMI FL 33186
Victor Galliano officer: VP of Marketing 13590 SW 134TH AVE #214, MIAMI FL 33186
Robert Mattucci officer: VP of Sales 13590 SW 134TH AVE #214, MIAMI FL 33186
Ramon Mejido officer: VP of Technology 13590 SW 134TH AVE #214, MIAMI FL 33186
Samuel Konig director, officer: Executive Vice President 19707 TURNBERRY WAY, APT 27C, AVENTURA FL 33180
Bobby Story director, officer: Chief Financial Officer 14000 MILITARY TRAIL, SUITE 104, DELRAY BEACH FL 33484
Mark Eliot Kutner director 13590 SW 134TH AVE #214, MIAMI FL 33186
Scott Howell director 13590 SW 134TH AVE #214, MIAMI FL 33186
Christopher Perrucci director 13590 SW 134TH AVE #214, MIAMI FL 33186
James Albert Wall director 13590 SW 134TH AVE #214, MIAMI FL 33186