Fairfax India Holdings (TSX:FIH.U) Debt-to-Equity : 0.17 (As of Dec. 2023)

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What is Fairfax India Holdings Debt-to-Equity?

Fairfax India Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Fairfax India Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $497.8 Mil. Fairfax India Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,958.7 Mil. Fairfax India Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.17.

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

TSX:FIH.U' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.2 Max: 0.26
Current: 0.17

During the past 10 years, the highest Debt-to-Equity Ratio of Fairfax India Holdings was 0.26. The lowest was 0.17. And the median was 0.20.

TSX:FIH.U's Debt-to-Equity is ranked better than
54.07% of 1019 companies
in the Asset Management industry
Industry Median: 0.19 vs TSX:FIH.U: 0.17

Fairfax India Holdings Debt-to-Equity Historical Data

The historical data trend for Fairfax India Holdings'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.

Fairfax India Holdings Debt-to-Equity Chart

Fairfax India Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.21

0.22

0.18

0.19

0.17

Fairfax India Holdings 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	Get a 7-Day Free Trial															0.19	0.19	0.18	0.18	0.17

Competitive Comparison of Fairfax India Holdings's Debt-to-Equity

For the Asset Management subindustry, Fairfax India Holdings'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.

Fairfax India Holdings's Debt-to-Equity Distribution in the Asset Management Industry

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

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

Fairfax India Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fairfax India Holdings'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	+	497.827)	/	2958.718
	=	0.17

Fairfax India Holdings'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	+	497.827)	/	2958.718
	=	0.17

Fairfax India Holdings (TSX:FIH.U) 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.

Fairfax India Holdings Debt-to-Equity Related Terms

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

Fairfax India Holdings (TSX:FIH.U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fairfax India Holdings Corp (TSX:FIH.U) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FFXDF:USA F5X:Germany

Address

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

Website

https://www.fairfaxindia.ca

Fairfax India Holdings Corp is an investment holding company. The investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers, or business conducted in or dependent on India. The company operates through investing in the India segment and it earns income through the source of interest and dividends.

Fairfax India Holdings (TSX:FIH.U) Headlines

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