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Freedom Holding (Freedom Holding) Debt-to-Equity : 3.08 (As of Dec. 2023)


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What is Freedom Holding Debt-to-Equity?

Freedom Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,889 Mil. Freedom Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $301 Mil. Freedom Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,036 Mil. Freedom Holding's debt to equity for the quarter that ended in Dec. 2023 was 3.08.

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

FRHC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.8   Med: 1.39   Max: 3.25
Current: 3.08

During the past 13 years, the highest Debt-to-Equity Ratio of Freedom Holding was 3.25. The lowest was 0.80. And the median was 1.39.

FRHC's Debt-to-Equity is ranked worse than
93.1% of 609 companies
in the Capital Markets industry
Industry Median: 0.37 vs FRHC: 3.08

Freedom Holding Debt-to-Equity Historical Data

The historical data trend for Freedom Holding'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 Holding Debt-to-Equity Chart

Freedom Holding Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 1.03 1.49 1.60 2.07

Freedom Holding 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 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 1.88 2.07 3.25 3.13 3.08

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

For the Capital Markets subindustry, Freedom Holding'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 Holding's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Freedom Holding's Debt-to-Equity distribution charts can be found below:

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



Freedom Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Freedom Holding'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 Holding  (NAS:FRHC) 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 Holding Debt-to-Equity Related Terms

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


Freedom Holding (Freedom Holding) Business Description

Traded in Other Exchanges
Address
No. 77-7 Al Farabi Avenue, Esentai Tower BC, Floor 7, Almaty, KAZ, 050040
Freedom Holding Corp is engaged in a broad range of activities in the securities industry, including retail securities brokerage, research, investment counseling, securities trading, market making, corporate investment banking, and underwriting services in Eurasia. It acts as a professional participant through its subsidiaries on the Kazakhstan Stock Exchange (KASE), Moscow Exchange (MOEX), Saint-Petersburg Exchange (SPB), the Ukrainian Exchange, the Uzbek Republican Currency Exchange (UZCE), and the Republican Stock Exchange of Tashkent (UZSE). Its geographical segments are Central Asia, Europe, the United States, and the Middle East/Caucasus, of which Europe accounts for the majority of its revenue.
Executives
Sergey Lukyanov officer: *See Remarks ESENTAI TOWER BC, FLOOR 7, 77/7 AL FARABI AVE, ALMATY 1P 050040
Evgeny Ler officer: Chief Financial Officer 202 DOSTYK AVE, 4TH FLOOR, ALMATY 1P 050051
Liudmila Kiriaku officer: VP of Compliance until 8/18/23 CHIRSTAKI KRANOU 20 C TOWER 5TH FL, LIMASSOL G4 4041
Robert Wotczak officer: CEO - Prime Executions C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 5111 PEGASUS COURT, FREDERICK MD 21704
Renat Tukanov officer: CHIEF TECHNOLOGY OFFICER "ESENTIA TOWER" BC, FLOOR 7, 77/7 AL FARABI AVE, ALMATY 1P 050040
Boris Cherdabayev 10 percent owner, officer: Chief Operating Officer C/O POULTON & YORDAN, 324 SOUTH 400 WEST SUITE 250, SALT LAKE CITY UT 84101
Amber Williams director 324 SOUTH 400 WEST, SUITE 250, SALT LAKE CITY UT 84101
Askar Tashtitov officer: President KURMANGAZY ST 31, APT 38, ALMATY 1P 050051
Arkady V Rakhilkin director AL-FARABI 17, NURLY TAU 4B, OFFICE 104, ALMATY 1P 050059
Timur R Turlov director, 10 percent owner, officer: Chief Executive Officer VLANSKIY PER. 14B, AP. 67, MOSCOW 1Z 101000
Toleush Tolmakov 10 percent owner, officer: Vice President 202 DOSTYK AVE., 4TH FLOOR, ALMATY 1P 050051
Daymon M. Smith director 352 E. 426 N., ALPINE UT 84004
Anuarbek Baimoldin officer: Chief Operating Officer 202 DOSTYK AVE. 4TH FLOOR, ALMATY 1P 050051
Jason M Kerr director 1038 SOUTH 750 EAST, KAYSVILLE UT 84037
Jsc Compass Asset Management 10 percent owner 240V FURMANOVA STREET, ALMATY 1P 050059

Freedom Holding (Freedom Holding) Headlines

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