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Freedom Hldg (Freedom Hldg) Debt-to-Equity : -0.30 (As of Dec. 2023)


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What is Freedom Hldg Debt-to-Equity?

Freedom Hldg's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Freedom Hldg's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.13 Mil. Freedom Hldg's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.42 Mil. Freedom Hldg's debt to equity for the quarter that ended in Dec. 2023 was -0.30.

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 Freedom Hldg's Debt-to-Equity or its related term are showing as below:

FHLD' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.84   Med: -0.3   Max: -0.28
Current: -0.3

During the past 8 years, the highest Debt-to-Equity Ratio of Freedom Hldg was -0.28. The lowest was -0.84. And the median was -0.30.

FHLD's Debt-to-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 0.28 vs FHLD: -0.30

Freedom Hldg Debt-to-Equity Historical Data

The historical data trend for Freedom Hldg'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.

Freedom Hldg Debt-to-Equity Chart

Freedom Hldg Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial -0.16 -0.84 -0.28 -0.38 -0.31

Freedom Hldg Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.31 -0.30 -0.30 -0.31 -0.30

Competitive Comparison of Freedom Hldg's Debt-to-Equity

For the Broadcasting subindustry, Freedom Hldg'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.


Freedom Hldg's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Freedom Hldg's Debt-to-Equity distribution charts can be found below:

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



Freedom Hldg Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Freedom Hldg's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Freedom Hldg'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.


Freedom Hldg  (OTCPK:FHLD) 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.


Freedom Hldg Debt-to-Equity Related Terms

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


Freedom Hldg (Freedom Hldg) Business Description

Traded in Other Exchanges
N/A
Address
6461 N 100 E, Ossian, IN, USA, 46777
Freedom Hldg Inc specializes in the identification and development of technologies with commercial applications. Its Launch TV Network Company is a full entertainment network, with sports, cooking, music, and cartoons for kids, as well as other programs.
Executives
Robert W Carteaux director 6615 BROTHERHOOD WAY, FORT WAYNE IN 46825
Brian K Kistler director, 10 percent owner, officer: Principle Executive Officer 215 NORTH JEFFERSON, OSSIAN IN 46777
Stan P Lipp director 6615 BROTHERHOOD WAY, FORT WAYNE IN 46825
Rodney J Sinn director, 10 percent owner 6615 BROTHERHOOD WAY, FORT WAYNE IN 46825
Gregory K Fields director 6615 BROTHERHOOD WAY, FORT WAYNE IN 46825
Robin W Hunt director, officer: Principal Financial Officer 6615 BROTHERHOOD WAY, FORT WAYNE IN 46825