La Francaise Des Jeux (XPAR:FDJ) Debt-to-Equity : 0.40 (As of Dec. 2023)

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What is La Francaise Des Jeux Debt-to-Equity?

La Francaise Des Jeux's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €43 Mil. La Francaise Des Jeux's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €386 Mil. La Francaise Des Jeux's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,071 Mil. La Francaise Des Jeux's debt to equity for the quarter that ended in Dec. 2023 was 0.40.

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 La Francaise Des Jeux's Debt-to-Equity or its related term are showing as below:

XPAR:FDJ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.45 Max: 0.77
Current: 0.4

During the past 8 years, the highest Debt-to-Equity Ratio of La Francaise Des Jeux was 0.77. The lowest was 0.20. And the median was 0.45.

XPAR:FDJ's Debt-to-Equity is ranked better than
54.41% of 691 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs XPAR:FDJ: 0.40

La Francaise Des Jeux Debt-to-Equity Historical Data

The historical data trend for La Francaise Des Jeux'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.

La Francaise Des Jeux Debt-to-Equity Chart

La Francaise Des Jeux Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.50

0.77

0.63

0.51

0.40

La Francaise Des Jeux Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									0.63	0.62	0.51	0.54	0.40

Competitive Comparison of La Francaise Des Jeux's Debt-to-Equity

For the Gambling subindustry, La Francaise Des Jeux'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.

La Francaise Des Jeux's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, La Francaise Des Jeux's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where La Francaise Des Jeux's Debt-to-Equity falls into.

La Francaise Des Jeux Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

La Francaise Des Jeux'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
	=	(42.8	+	386)	/	1071.1
	=	0.40

La Francaise Des Jeux'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
	=	(42.8	+	386)	/	1071.1
	=	0.40

La Francaise Des Jeux (XPAR:FDJ) 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.

La Francaise Des Jeux Debt-to-Equity Related Terms

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La Francaise Des Jeux (XPAR:FDJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » La Francaise Des Jeux SA (XPAR:FDJ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LFDJF:USA FDJp:UK 0A8B:UK 1WE:Germany

Address

3-7 Quai du Point du Jour, Boulogne-Billancourt, Paris, FRA, 92100

Website

https://www.groupefdj.com

La Francaise Des Jeux SA is engaged in lottery games and sports betting. Its lottery games include draw games and instant games. The company offers approximately more than 80 lottery games.

La Francaise Des Jeux (XPAR:FDJ) Headlines

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