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RJF (Raymond James Financial) Debt-to-Equity : 0.28 (As of Jun. 2024)


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What is Raymond James Financial Debt-to-Equity?

Raymond James Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0 Mil. Raymond James Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $3,088 Mil. Raymond James Financial's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $11,197 Mil. Raymond James Financial's debt to equity for the quarter that ended in Jun. 2024 was 0.28.

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 Raymond James Financial's Debt-to-Equity or its related term are showing as below:

RJF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28   Med: 0.38   Max: 0.55
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Raymond James Financial was 0.55. The lowest was 0.28. And the median was 0.38.

RJF's Debt-to-Equity is ranked worse than
56.22% of 980 companies
in the Asset Management industry
Industry Median: 0.2 vs RJF: 0.27

Raymond James Financial Debt-to-Equity Historical Data

The historical data trend for Raymond James Financial'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.

Raymond James Financial Debt-to-Equity Chart

Raymond James Financial Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.35 0.35 0.31 -

Raymond James Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.29 0.30 0.28 -

Competitive Comparison of Raymond James Financial's Debt-to-Equity

For the Asset Management subindustry, Raymond James Financial'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.


Raymond James Financial's Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where Raymond James Financial's Debt-to-Equity falls into.



Raymond James Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Raymond James Financial's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Raymond James Financial's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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.


Raymond James Financial  (NYSE:RJF) 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.


Raymond James Financial Debt-to-Equity Related Terms

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


Raymond James Financial Business Description

Traded in Other Exchanges
Address
880 Carillon Parkway, Saint Petersburg, FL, USA, 33716
Raymond James Financial is a financial holding company whose major operations include wealth management, investment banking, asset management, and commercial banking. The company supports more than 8,000 employee and independent contractor financial advisors across the United States, Canada, and the United Kingdom with over $1.2 trillion of assets under administration as of September 2023. Approximately 90% of the company's revenue is from the US and 70% is from the company's wealth-management segment.
Executives
Tashtego S Elwyn officer: President - RJA 880 CARILLON PARKWAY, ST PETERSBURG FL 33716
Bella Loykhter Allaire officer: Executive Vice President-RJA 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
James E Bunn officer: Co-Pres-GlobEq&Inv Banking-RJA 880 CARILLON PARKWAY, SAINT PETERSBURG FL 33716
Steven M Raney officer: President & CEO RJBank 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Art A Garcia director 11690 N.W. 105TH STREET, MIAMI FL 33178
Jonathan N Santelli officer: EVP, Gen Counsel, Secy 880 CARILLON PARKWAY, SAINT PETERSBURG FL 33716
Paul C Reilly director 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Jeffrey A Dowdle officer: President, AMS - RJA 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Horace Carter officer: President, Fixed Income 1100 RIDGEWAY LOOP ROAD, MEMPHIS TN 38120
Raymond W Mcdaniel director 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Jodi Perry officer: President, ICD for RJFS 880 CARILLON PARKWAY, SAINT PETERSBURG FL 33716
George Catanese officer: Executive Vice President 880 CARILLON PARKWAY, ST. PETERSBURG X1 33716
Thomas A James director, 10 percent owner, officer: Chairman/CEO 880 CARILLON PARKWAY, ST. PETERSBURG FL 33772
Christopher S Aisenbrey officer: Chief Human Resources Officer 880 CARILLON PARKWAY, SAINT PETERSBURG FL 33716
Coulter James Robert Edward officer: Director & CEO, RJ Ltd. 40 KING STREET W, SUITE 5400, TORONTO A6 M5H 3Y2