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Frontier Digital Ventures (ASX:FDV) Debt-to-Equity : 0.01 (As of Dec. 2023)


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What is Frontier Digital Ventures Debt-to-Equity?

Frontier Digital Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.78 Mil. Frontier Digital Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.38 Mil. Frontier Digital Ventures's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$130.08 Mil. Frontier Digital Ventures's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 Frontier Digital Ventures's Debt-to-Equity or its related term are showing as below:

ASX:FDV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.02
Current: 0.01

During the past 8 years, the highest Debt-to-Equity Ratio of Frontier Digital Ventures was 0.02. The lowest was 0.00. And the median was 0.01.

ASX:FDV's Debt-to-Equity is ranked better than
99.77% of 426 companies
in the Interactive Media industry
Industry Median: 0.15 vs ASX:FDV: 0.01

Frontier Digital Ventures Debt-to-Equity Historical Data

The historical data trend for Frontier Digital Ventures'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.

Frontier Digital Ventures Debt-to-Equity Chart

Frontier Digital Ventures Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.02 0.01 0.02 0.01 0.01

Frontier Digital Ventures Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.09 0.01 0.01 0.01

Competitive Comparison of Frontier Digital Ventures's Debt-to-Equity

For the Internet Content & Information subindustry, Frontier Digital Ventures'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.


Frontier Digital Ventures's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Frontier Digital Ventures's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Frontier Digital Ventures's Debt-to-Equity falls into.



Frontier Digital Ventures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Frontier Digital Ventures's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Frontier Digital Ventures's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Frontier Digital Ventures  (ASX:FDV) 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.


Frontier Digital Ventures Debt-to-Equity Related Terms

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


Frontier Digital Ventures (ASX:FDV) Business Description

Traded in Other Exchanges
N/A
Address
39-8, The Boulevard Mid Valley City, Lingkaran Syed Putra, Kuala Lumpur, MYS, 59200
Frontier Digital Ventures Ltd develops online classifieds businesses in underdeveloped, emerging countries or regions. It deals in property verticals, automotive verticals, and general classified websites.

Frontier Digital Ventures (ASX:FDV) Headlines

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