Financial Gravity Companies Debt-to-Assets Ratio Growth & History (FGCO)
Financial Gravity Companies's debt-to-assets ratio was 0.09 for fiscal 2022.
View full Financial Gravity Companies company overviewFinancial Gravity Companies annual debt-to-assets ratio history
2013
2015
2016
2017
2018
2019
2020
2021
2022
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2022 | 2022-09-30 | 0.09 | 0.02 | +24.73% |
| 2021 | 2021-09-30 | 0.08 | −0.05 | −41.18% |
| 2020 | 2020-09-30 | 0.13 | 0.11 | +848.73% |
| 2019 | 2019-09-30 | 0.01 | −0.37 | −96.47% |
| 2018 | 2018-09-30 | 0.38 | 0.26 | +221.92% |
| 2017 | 2017-09-30 | 0.12 | 0.12 | — |
| 2016 | 2016-09-30 | 0.00 | 0.00 | — |
| 2015 | 2015-09-30 | 0.00 | — | — |
| 2013 | 2013-09-30 | 24.64 | — | — |
Financial Gravity Companies quarterly debt-to-assets ratio
Q4.13
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2022 | 2022-06-30 | 0.05 | −0.23 | −82.14% |
| Q2 2022 | 2022-03-31 | 0.05 | −0.08 | −59.76% |
| Q1 2022 | 2021-12-31 | 0.05 | −0.04 | −45.92% |
| Q4 2021 | 2021-09-30 | 0.08 | −0.05 | −41.18% |
| Q3 2021 | 2021-06-30 | 0.28 | 0.21 | +292.24% |
| Q2 2021 | 2021-03-31 | 0.14 | −0.02 | −14.89% |
| Q1 2021 | 2020-12-31 | 0.10 | −0.07 | −40.52% |
| Q4 2020 | 2020-09-30 | 0.13 | 0.11 | +848.73% |
| Q3 2020 | 2020-06-30 | 0.07 | — | — |
| Q2 2020 | 2020-03-31 | 0.16 | −0.32 | −66.83% |
| Q1 2020 | 2019-12-31 | 0.16 | −0.26 | −61.18% |
| Q4 2019 | 2019-09-30 | 0.01 | −0.37 | −96.47% |
| Q2 2019 | 2019-03-31 | 0.48 | −0.01 | −2.32% |
| Q1 2019 | 2018-12-31 | 0.42 | 0.09 | +26.40% |
| Q4 2018 | 2018-09-30 | 0.38 | 0.26 | +221.92% |
| Q3 2018 | 2018-06-30 | 0.53 | 0.47 | +752.04% |
| Q2 2018 | 2018-03-31 | 0.49 | 0.43 | +673.71% |
| Q1 2018 | 2017-12-31 | 0.33 | 0.26 | +333.39% |
| Q4 2017 | 2017-09-30 | 0.12 | 0.12 | — |
| Q3 2017 | 2017-06-30 | 0.06 | 0.06 | — |
| Q2 2017 | 2017-03-31 | 0.06 | 0.06 | — |
| Q1 2017 | 2016-12-31 | 0.08 | 0.08 | — |
| Q4 2016 | 2016-09-30 | 0.00 | 0.00 | — |
| Q3 2016 | 2016-06-30 | 0.00 | — | — |
| Q2 2016 | 2016-03-31 | 0.00 | — | — |
| Q1 2016 | 2015-12-31 | 0.00 | — | — |
| Q4 2015 | 2015-09-30 | 0.00 | — | — |
| Q4 2013 | 2013-09-30 | 24.64 | — | — |
Financial Gravity Companies debt-to-assets ratio trends
Over the last five fiscal years, Financial Gravity Companies's debt-to-assets ratio decreased from 0.12 to 0.09, a change of −0.02. The latest reported quarter, Q3 2022, shows 0.05.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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