Helios Fairfax Partners (Helios Fairfax Partners) Debt-to-Equity

: 0.00 (As of Dec. 2023)

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Helios Fairfax Partners's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Helios Fairfax Partners's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.55 Mil. Helios Fairfax Partners's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $474.60 Mil. Helios Fairfax Partners's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Helios Fairfax Partners's Debt-to-Equity or its related term are showing as below:

During the past 8 years, the highest Debt-to-Equity Ratio of Helios Fairfax Partners was 0.29. The lowest was 0.00. And the median was 0.17.

FFXXF's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Helios Fairfax Partners Debt-to-Equity Historical Data

The historical data trend for Helios Fairfax Partners'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.

Helios Fairfax Partners Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.17

0.18

Helios Fairfax Partners Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.18	0.18	0.18	0.18	-

Competitive Comparison

For the Asset Management subindustry, Helios Fairfax Partners'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.

Helios Fairfax Partners Debt-to-Equity Distribution

For the Asset Management industry and Financial Services sector, Helios Fairfax Partners's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Helios Fairfax Partners's Debt-to-Equity falls into.

Helios Fairfax Partners Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Helios Fairfax Partners'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
	=	(0	+	0.548)	/	474.596
	=	0.00

Helios Fairfax Partners's Debt to Equity Ratio for the quarter 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
	=	(0	+	0.548)	/	474.596
	=	0.00

Helios Fairfax Partners (OTCPK:FFXXF) 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.

Helios Fairfax Partners Debt-to-Equity Related Terms

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Helios Fairfax Partners (Helios Fairfax Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Helios Fairfax Partners Corp (OTCPK:FFXXF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

3UD:Germany HFPC.U:Canada

Address

95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7

Website

https://www.heliosinvestment.com

Helios Fairfax Partners Corp is an investment holding company whose investment objective is to achieve long-term capital appreciation while preserving capital, by investing in public and private equity securities and debt instruments in Africa and African businesses. It is also engaged in property and casualty insurance and reinsurance business.