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Virtu Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $129 Mil. Virtu Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $6,445 Mil. Virtu Financial's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $1,232 Mil. Virtu Financial's debt to equity for the quarter that ended in Sep. 2024 was 5.33.
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 Virtu Financial's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of Virtu Financial was 14.00. The lowest was 2.03. And the median was 3.83.
The historical data trend for Virtu 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.
Virtu Financial Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 4.61 | 2.34 | 2.33 | 2.78 | 5.76 |
Virtu 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 | 6.49 | 5.76 | 4.79 | 4.87 | 5.33 |
For the Capital Markets subindustry, Virtu 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.
For the Capital Markets industry and Financial Services sector, Virtu Financial's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Virtu Financial's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Virtu Financial'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 | |
= | (1795.994 | + | 5130.962) | / | 1202.727 | |
= | 5.76 |
Virtu Financial's Debt to Equity Ratio for the quarter that ended in Sep. 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 | |
= | (128.761 | + | 6444.875) | / | 1232.405 | |
= | 5.33 |
* 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.
Virtu Financial (NAS:VIRT) 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.
Thank you for viewing the detailed overview of Virtu Financial's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
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