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First Foundation (First Foundation) Debt-to-Equity : 1.71 (As of Dec. 2023)


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What is First Foundation Debt-to-Equity?

First Foundation's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. First Foundation's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,582.5 Mil. First Foundation's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $925.3 Mil. First Foundation's debt to equity for the quarter that ended in Dec. 2023 was 1.71.

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 First Foundation's Debt-to-Equity or its related term are showing as below:

FFWM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2   Med: 1.49   Max: 4.4
Current: 2.02

During the past 12 years, the highest Debt-to-Equity Ratio of First Foundation was 4.40. The lowest was 0.20. And the median was 1.49.

FFWM's Debt-to-Equity is ranked worse than
83.78% of 1393 companies
in the Banks industry
Industry Median: 0.68 vs FFWM: 2.02

First Foundation Debt-to-Equity Historical Data

The historical data trend for First Foundation'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.

First Foundation Debt-to-Equity Chart

First Foundation Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 0.39 0.20 1.21 1.71

First Foundation Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.02 1.07 1.26 1.71 2.02

Competitive Comparison of First Foundation's Debt-to-Equity

For the Banks - Regional subindustry, First Foundation'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.


First Foundation's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Foundation's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where First Foundation's Debt-to-Equity falls into.



First Foundation Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

First Foundation's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

First Foundation'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.


First Foundation  (NYSE:FFWM) 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.


First Foundation Debt-to-Equity Related Terms

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


First Foundation (First Foundation) Business Description

Traded in Other Exchanges
Address
200 Crescent Court, Suite 1400, Dallas, TX, USA, 75201
First Foundation Inc is a financial services company. It is engaged in providing investment management and financial planning services for high net-worth individuals, retirement plans, charitable institutions, and private foundations. The company focuses on segments namely Banking and Wealth Management. It also offers loans to individuals and entities that own and operate multifamily residential and commercial real estate properties as well as business banking products and services to small to moderate-sized businesses, professional firms, and consumer banking products and services to individuals.
Executives
Keller Ulrich E. Jr director, 10 percent owner, officer: EXECUTIVE CHAIRMAN 18101 VON KARMAN AVENUE, SUITE 750, IRVINE CA 92612
James Britton officer: Chief Financial Officer C/O FIRST FOUNDATION INC., 200 CRESCENT COURT, SUITE 1400, DALLAS TX 75201
David G. Lake director 18101 VON KARMAN AVE., SUITE 750, IRVINE CA 92612
Elizabeth A. Pagliarini director 2 SOUTH POINTE DR., SUITE 100, LAKE FOREST CA 92630
Diane M. Rubin director 40380 DESERT CREEK LANE, RANCHO MIRAGE CA 92270
Jacob Sonenshine director 18101 VON KARMAN AVENUE, SUITE 750, IRVINE CA 92612
Max Briggs director 18101 VON KARMAN AVENUE, SUITE 750, IRVINE CA 92612
Gabriel V. Vazquez director C/O FIRST FOUNDATION INC., 200 CRESCENT COURT, SUITE 1400, DALLAS TX 75201
John Hakopian director, officer: PRES FIRST FOUNDATION ADVISORS 18101 VON KARMAN AVENUE, SUITE 750, IRVINE CA 92612
Scott F Kavanaugh director, officer: CHIEF EXECUTIVE OFFICER 25342 DERBYHILL DR., LAGUNA HILLS CA 92653
Christopher M. Naghibi officer: Chief Operating Officer C/O FIRST FOUNDATION INC., 200 CRESCENT COURT, SUITE 1400, DALLAS TX 75201
Amy Djou officer: Chief Financial Officer C/O FIRST FOUNDATION INC., 200 CRESCENT COURT, SUITE 1400, DALLAS TX 75201
Hugo J. Nuno officer: Chief Banking Officer C/O FIRST FOUNDATION INC., 200 CRESCENT COURT, SUITE 1400, DALLAS TX 75201
Gary L Tice director
Mitchell M. Rosenberg director 18101 VON KARMAN AVENUE, SUITE 750, IRVINE CA 92612