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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Freedom Holding (FRHC) Debt to Equity (2017 - 2025)

Freedom Holding's Debt to Equity history spans 9 years, with the latest figure at $0.76 for Q4 2025.

  • For Q4 2025, Debt to Equity rose 103.77% year-over-year to $0.76; the TTM value through Dec 2025 reached $0.76, up 103.77%, while the annual FY2025 figure was $1.17, 50.55% down from the prior year.
  • Debt to Equity for Q4 2025 was $0.76 at Freedom Holding, up from $0.61 in the prior quarter.
  • Across five years, Debt to Equity topped out at $2.36 in Q1 2024 and bottomed at $0.07 in Q3 2023.
  • The 5-year median for Debt to Equity is $0.76 (2025), against an average of $0.92.
  • The largest annual shift saw Debt to Equity crashed 95.2% in 2023 before it skyrocketed 2933.13% in 2024.
  • A 5-year view of Debt to Equity shows it stood at $0.11 in 2021, then surged by 1430.82% to $1.64 in 2022, then plummeted by 95.6% to $0.07 in 2023, then soared by 414.39% to $0.37 in 2024, then soared by 103.77% to $0.76 in 2025.
  • Per Business Quant, the three most recent readings for FRHC's Debt to Equity are $0.76 (Q4 2025), $0.61 (Q3 2025), and $1.17 (Q1 2025).