FactSet Research Systems (FRA:FA1) Debt-to-Equity : 0.95 (As of Feb. 2024)

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What is FactSet Research Systems Debt-to-Equity?

FactSet Research Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was €27 Mil. FactSet Research Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was €1,553 Mil. FactSet Research Systems's Total Stockholders Equity for the quarter that ended in Feb. 2024 was €1,670 Mil. FactSet Research Systems's debt to equity for the quarter that ended in Feb. 2024 was 0.95.

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 FactSet Research Systems's Debt-to-Equity or its related term are showing as below:

FRA:FA1' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.94 Max: 1.86
Current: 0.95

During the past 13 years, the highest Debt-to-Equity Ratio of FactSet Research Systems was 1.86. The lowest was 0.07. And the median was 0.94.

FRA:FA1's Debt-to-Equity is ranked worse than
71.17% of 607 companies
in the Capital Markets industry
Industry Median: 0.37 vs FRA:FA1: 0.95

FactSet Research Systems Debt-to-Equity Historical Data

The historical data trend for FactSet Research Systems'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.

FactSet Research Systems Debt-to-Equity Chart

FactSet Research Systems Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

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0.85

0.98

0.85

1.67

1.14

FactSet Research Systems Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															1.22	1.14	1.14	1.04	0.95

Competitive Comparison of FactSet Research Systems's Debt-to-Equity

For the Financial Data & Stock Exchanges subindustry, FactSet Research Systems'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.

FactSet Research Systems's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, FactSet Research Systems's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where FactSet Research Systems's Debt-to-Equity falls into.

FactSet Research Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FactSet Research Systems's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(26.445	+	1660.762)	/	1485.476
	=	1.14

FactSet Research Systems's Debt to Equity Ratio for the quarter that ended in Feb. 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
	=	(26.851	+	1552.954)	/	1670.226
	=	0.95

FactSet Research Systems (FRA:FA1) 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.

FactSet Research Systems Debt-to-Equity Related Terms

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

FactSet Research Systems (FRA:FA1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » FactSet Research Systems Inc (FRA:FA1) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FDS:USA FDS:Mexico

Address

45 Glover Avenue, 7th Floor, Norwalk, CT, USA, 06850

Website

https://www.factset.com

FactSet provides financial data and portfolio analytics to the Global investment community. The company aggregates data from third-party data suppliers, news sources, exchanges, brokerages, and contributors into its workstations. In addition, it provides essential portfolio analytics that companies use to monitor portfolios and address reporting requirements. Buy-side clients account for 82% of FactSet's annual subscription value. In 2015, the company acquired Portware, a provider of trade execution software. In 2017, it acquired BISAM, a risk management and performance measurement provider. In 2022, it completed its purchase of CUSIP Global Services.

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