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Buckeye Technologies, Inc. (NYSE:BKI)
Debt to Equity
0.09 (As of Mar. 2013)

Buckeye Technologies, Inc.'s current portion of long-term debt for the quarter that ended in Mar. 2013 was \$0.0 Mil. Buckeye Technologies, Inc.'s long-term debt for the quarter that ended in Mar. 2013 was \$62.3 Mil. Buckeye Technologies, Inc.'s total equity for the quarter that ended in Mar. 2013 was \$663.8 Mil. Buckeye Technologies, Inc.'s debt to equity for the quarter that ended in Mar. 2013 was 0.09.

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.

Definition

Debt to Equity measures the financial leverage a company has.

Buckeye Technologies, Inc.'s Debt to Equity Ratio for the fiscal year that ended in Jun. 2012 is calculated as

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (0 + 58.578) / 603.036 = 0.10

Buckeye Technologies, Inc.'s Debt to Equity Ratio for the quarter that ended in Mar. 2013 is calculated as

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (0 + 62.271) / 663.84 = 0.09

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Explanation

In the calculation of Debt to Equity, we use the total of Current Portion of Long-Term Debt and Long-Term Debt divided by Total Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its Return on Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return on Equity companies.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Buckeye Technologies, Inc. Annual Data

 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 deb2equity 2.54 2.65 2.00 1.80 1.28 0.92 1.03 0.54 0.17 0.10

Buckeye Technologies, Inc. Quarterly Data

 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 deb2equity 0.31 0.24 0.17 0.15 0.15 0.12 0.10 0.13 0.16 0.09
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