5Banc Split (TSX:FBS.PR.C.PFD) Debt-to-Equity : 0.00 (As of Jun. 2016)

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What is 5Banc Split Debt-to-Equity?

5Banc Split's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was C$0.00 Mil. 5Banc Split's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was C$0.00 Mil. 5Banc Split's Total Stockholders Equity for the quarter that ended in Jun. 2016 was C$25.52 Mil. 5Banc Split's debt to equity for the quarter that ended in Jun. 2016 was 0.00.

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 5Banc Split's Debt-to-Equity or its related term are showing as below:

TSX:FBS.PR.C.PFD's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

5Banc Split Debt-to-Equity Historical Data

The historical data trend for 5Banc Split'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.

5Banc Split Debt-to-Equity Chart

5Banc Split Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Debt-to-Equity

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5Banc Split Semi-Annual Data
	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of 5Banc Split's Debt-to-Equity

For the Asset Management subindustry, 5Banc Split'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.

5Banc Split's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, 5Banc Split's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where 5Banc Split's Debt-to-Equity falls into.

5Banc Split Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

5Banc Split's Debt to Equity Ratio for the fiscal year that ended in Dec. 2015 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
	=	(0	+	0)	/	23.283
	=	0.00

5Banc Split's Debt to Equity Ratio for the quarter that ended in Jun. 2016 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
	=	(0	+	0)	/	25.522
	=	0.00

5Banc Split (TSX:FBS.PR.C.PFD) 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.

5Banc Split Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of 5Banc Split's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

5Banc Split (TSX:FBS.PR.C.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » 5Banc Split Inc (TSX:FBS.PR.C.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.timbercreek.com

5Banc Split, Inc. operates as a closed-end mutual fund in Canada. It invests in a portfolio of publicly listed common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and toronto-Dominion Bank. The Company holds the Portfolio Shares in order to generate fixed cumulative preferential dividends for the holders of the Company's Preferred Shares. Holders of the Capital Shares will also receive, subject to the prior rights of Preferred Shareholders, excess dividends, if any, after payment of the expenses of the Company and dividends on the Preferred Shares. The Company also provides holders of the Capital Shares with a leveraged investment, the value of which is linked to the changes in the fair value of the Portfolio Shares. The holders of Capital Shares benefit from capital appreciation in the Portfolio Shares in excess of the value of the Preferred Shares, any accrued and unpaid distributions on the Preferred Shares, and accrued and unpaid expenses. The Company only trades the Portfolio Shares in limited circumstances as described in the Company's original prospectus.

5Banc Split (TSX:FBS.PR.C.PFD) Headlines

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