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Futures Capital ADXBUL:FCAD 50 Debt-to-Equity is 6.52 as of Dec. 2025, which is 32% below its 10-year median of 9.53. GuruFocus rates XBUL:FCAD with a GF Score™ of 50/100 and a GF Value™ of €14.80 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 928 Asset Management companies, Futures Capital AD ranks worse than 98.81% on this metric.
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 Futures Capital AD's Debt-to-Equity or its related term are showing as below:
XBUL:FCAD'
s Debt-to-Equity Range Over the Past 10 Years
Min: 6.52 Med: 9.53 Max: 23.17
Current: 6.52
During the past 13 years, the highest Debt-to-Equity Ratio of Futures Capital AD was 23.17. The lowest was 6.52. And the median was 9.53.
XBUL:FCAD's Debt-to-Equity is ranked worse than 98.81% of 928
companies
in the Asset Management industry
Industry Median: 0.22
vs XBUL:FCAD: 6.52
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.
Futures Capital AD Debt-to-Equity Related Terms
Futures Capital AD Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Futures Capital AD'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.
XBUL:FCAD vs BLK, BX, KKR: Debt-to-Equity Comparison
For the Asset Management subindustry, Futures Capital AD'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.
Futures Capital AD Debt-to-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Futures Capital AD's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Futures Capital AD's Debt-to-Equity falls into.
* 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.
Futures Capital AD (XBUL:FCAD) has a Debt-to-Equity of 6.52 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Futures Capital AD and its competitors. This is 32% below median its historical median of 9.53. Over the past decade, Futures Capital AD's Debt-to-Equity has ranged from 6.52 to 23.17. According to the industry distribution chart, Futures Capital AD ranks #917 out of 928 companies in the Asset Management industry, placing it in the top 98.8%.
Is Futures Capital AD's Debt-to-Equity too high?
Futures Capital AD's current Debt-to-Equity of 6.52 is 32% below median its 10-year median of 9.53. Over the past 10 years, this metric has ranged from a low of 6.52 to a high of 23.17. The Asset Management industry median Debt-to-Equity is 0.22. Futures Capital AD's value of 6.52 is 2863.6% above this industry median. Based on the distribution chart, Futures Capital AD ranks #917 out of 928 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Futures Capital AD has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Futures Capital AD's Debt-to-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Futures Capital AD ranks #917 out of 928 companies for Debt-to-Equity. This places Futures Capital AD in the lower half of its industry. The industry median Debt-to-Equity is 0.22. Futures Capital AD's value of 6.52 is 2863.6% above this benchmark. Historically, Futures Capital AD's own Debt-to-Equity has ranged from 6.52 to 23.17 over the past decade. While the company's 10-year median is 9.53 vs. the industry median of 0.22, Futures Capital AD has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.22, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Futures Capital AD's current Debt-to-Equity of 6.52 is 2863.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Futures Capital AD and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Futures Capital AD's current Debt-to-Equity is 6.52, which is 32% below median its own 10-year median of 9.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Futures Capital AD stock overvalued right now?
Based on GuruFocus' analysis, Futures Capital AD (XBUL:FCAD) is currently considered Modestly Overvalued. The stock's GF Value™ is €14.80, compared to a current price of €17.00 — trading 14.9% above its estimated fair value. The current Debt-to-Equity is 6.52, which is 32% below median its 10-year median of 9.53 and 2863.6% above the Asset Management industry median of 0.22. Futures Capital AD's overall GF Score™ is 50/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Futures Capital AD (XBUL:FCAD), the current Debt-to-Equity is 6.52 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Futures Capital AD (XBUL:FCAD) Overvalued in 2026?
Based on GuruFocus' analysis, Futures Capital AD stock appears to be overvalued.
The current stock price of €17.00 is trading 14.9% above its estimated GF Value™ of €14.80.
GuruFocus considers Futures Capital AD to be Modestly Overvalued.
Key valuation signals for XBUL:FCAD:
Debt-to-Equity: 6.52 (32% below median its 10-year median of 9.53)
GF Value™: €14.80 vs. price of €17.00 (14.9% above fair value)
Industry Position: 2863.6% above the Asset Management median (#917 of 928)
No single metric tells the full story. See the XBUL:FCAD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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