Foresight Group Holdings (LSE:FSG) Debt-to-Equity : 0.16 (As of Mar. 2023)

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What is Foresight Group Holdings Debt-to-Equity?

Foresight Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was £5.2 Mil. Foresight Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was £7.2 Mil. Foresight Group Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2023 was £77.2 Mil. Foresight Group Holdings's debt to equity for the quarter that ended in Mar. 2023 was 0.16.

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 Foresight Group Holdings's Debt-to-Equity or its related term are showing as below:

LSE:FSG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.59 Max: 2.18
Current: 0.16

During the past 6 years, the highest Debt-to-Equity Ratio of Foresight Group Holdings was 2.18. The lowest was 0.16. And the median was 0.59.

LSE:FSG's Debt-to-Equity is ranked better than
55.95% of 1017 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:FSG: 0.16

Foresight Group Holdings Debt-to-Equity Historical Data

The historical data trend for Foresight Group Holdings'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.

Foresight Group Holdings Debt-to-Equity Chart

Foresight Group Holdings Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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2.18

0.90

0.41

0.24

0.16

Foresight Group Holdings Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial					0.41	0.31	0.24	0.18	0.16

Competitive Comparison of Foresight Group Holdings's Debt-to-Equity

For the Asset Management subindustry, Foresight Group Holdings'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.

Foresight Group Holdings's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Foresight Group Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Foresight Group Holdings's Debt-to-Equity falls into.

Foresight Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Foresight Group Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(5.208	+	7.174)	/	77.239
	=	0.16

Foresight Group Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2023 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
	=	(5.208	+	7.174)	/	77.239
	=	0.16

Foresight Group Holdings (LSE:FSG) 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.

Foresight Group Holdings Debt-to-Equity Related Terms

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Foresight Group Holdings (LSE:FSG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Foresight Group Holdings Ltd (LSE:FSG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FSGl:UK 9LR:Germany

Address

32 London Bridge Street, The Shard, London, GBR, SE1 9SG

Website

https://www.foresightgroup.eu

Foresight Group Holdings Ltd is an asset management company. The company is an independent infrastructure and private equity investment manager. It invests in renewable energy businesses and social infrastructure projects.

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