What is Franchise Group Debt-to-Equity?
Franchise Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $534 Mil. Franchise Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $2,301 Mil. Franchise Group's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $225 Mil.
Franchise Group's debt to equity for the quarter that ended in Jun. 2023 was 12.57.
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 Franchise Group's Debt-to-Equity or its related term are showing as below:
FRG'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 1.64 Max: 12.57
Current: 12.57
During the past 13 years, the highest Debt-to-Equity Ratio of Franchise Group was 12.57. The lowest was 0.15. And the median was 1.64.
Franchise Group Debt-to-Equity Historical Data
The historical data trend for Franchise Group'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.
Franchise Group Debt-to-Equity Chart
|
Franchise Group Annual Data
|
|
Trend |
Apr13 |
Apr14 |
Apr15 |
Apr16 |
Apr17 |
Apr18 |
Apr19 |
Dec20 |
Dec21 |
Dec22 |
| Debt-to-Equity |
|
Get a 7-Day Free Trial
|
|
|
0.18 |
0.15 |
2.86 |
3.41 |
6.48 |
|
Franchise Group Quarterly Data
|
|
Jul18 |
Oct18 |
Jan19 |
Apr19 |
Jul19 |
Oct19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
| Debt-to-Equity |
Get a 7-Day Free Trial
|
|
|
|
|
|
|
|
|
|
|
|
|
3.23 |
4.72 |
6.48 |
10.11 |
12.57 |
Competitive Comparison of Franchise Group's Debt-to-Equity
For the Specialty Retail subindustry, Franchise Group'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.
Franchise Group's Debt-to-Equity Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Franchise Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Franchise Group's Debt-to-Equity falls into.
Franchise Group Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Franchise Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as
Franchise Group's Debt to Equity Ratio for the quarter that ended in Jun. 2023 is calculated as
* 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.
Franchise Group (Franchise Group) Business Description
Traded in Other Exchanges
N/A
Address
109 Innovation Court, Suite J, Delaware, OH, USA, 43015
Franchise Group Inc is a personal services company that provides retail federal and state income tax preparation services and related tax settlement products. The vast majority of these offices operate in the United States under the Liberty Tax Service and SiempreTax+ brand names. Liberty Tax also provides online do-it-yourself tax programs within the U.S. The sale of financial products and tax preparation service fees also contribute to sizable percentages of the company's total income. Liberty Tax also operates a smaller portfolio of wholly-owned company offices. The company's reportable segments are Vitamin Shoppe, Pet Supplies Plus, Badcock, American Freight, Buddy's and Sylvan.
Executives
| Daniel Meitner Ondeck |
10 percent owner |
13301 BEALL CREEK CT., POTOMAC MD 20854 |
| Richard W Riley |
10 percent owner |
B RILEY AND CO, 11100 SANTA MONICA BLVD STE 800, LOS ANGELES CA 90025 |
| Bryant R Riley |
director, 10 percent owner |
C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367 |
| Kelleher Thomas J /adv |
10 percent owner |
C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367 |
| Randall E Paulson |
10 percent owner |
|
| Nanhi Singh |
director |
109 INNOVATION COURT, SUITE J, DELAWARE OH 43015 |
| Gary S Rich |
director |
C/O THE READER'S DIGEST ASSOCIATION, READER'S DIGEST ROAD, PLEASANTVILLE NY 10570 |
| Brian Randall Kahn |
director, 10 percent owner, officer: Chief Executive Officer |
5506 WORSHAM COURT, WINDERMERE FL 34786 |
| Patrick A Cozza |
director |
C/O HSBC INSURANCE, 545 WASHINGTON BLVD, JERSEY CITY NJ 07310 |
| Lee A. Wright |
officer: Chief Commercial Officer |
C/O DIAMOND CASTLE HOLDINGS, LLC, 280 PARK AVENUE, 25TH FLOOR, EAST TOWER, NEW YORK NY 10017 |
| Andrew M Laurence |
director |
C/O API TECHNOLOGIES CORP., ONE NORTH WACKER DRIVE SUITE 4400, CHICAGO IL 60606 |
| Cynthia S Dubin |
director |
1200 E. MARKET STREET, SUITE 650, AKRON OH 44305 |
| Lisa M Fairfax |
director |
2387 LIBERTY WAY, VIRGINIA BEACH VA 23456 |
| Vintage Capital Management Llc |
director, 10 percent owner, officer: Chief Executive Officer |
4705 S APOPKA VINELAND ROAD SUITE 210, ORLANDO FL 32819 |
| B. Riley Financial, Inc. |
10 percent owner |
11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025 |
Franchise Group (Franchise Group) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FRG has been successfully added to your