Burnham Holdings (Burnham Holdings) Debt-to-Equity : 0.62 (As of Sep. 2023)

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What is Burnham Holdings Debt-to-Equity?

Burnham Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.0 Mil. Burnham Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $56.8 Mil. Burnham Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $93.3 Mil. Burnham Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.62.

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

BURCA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.33 Max: 0.62
Current: 0.62

During the past 13 years, the highest Debt-to-Equity Ratio of Burnham Holdings was 0.62. The lowest was 0.07. And the median was 0.33.

BURCA's Debt-to-Equity is ranked worse than
60.12% of 1507 companies
in the Construction industry
Industry Median: 0.43 vs BURCA: 0.62

Burnham Holdings Debt-to-Equity Historical Data

The historical data trend for Burnham 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.

Burnham Holdings Debt-to-Equity Chart

Burnham Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.23

0.22

0.24

0.25

0.39

Burnham Holdings Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.43	0.52	0.39	0.47	0.62

Competitive Comparison of Burnham Holdings's Debt-to-Equity

For the Building Products & Equipment subindustry, Burnham 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.

Burnham Holdings's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Burnham Holdings's Debt-to-Equity distribution charts can be found below:

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

Burnham Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Burnham Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(0.854	+	34.66)	/	91.087
	=	0.39

Burnham Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1.036	+	56.848)	/	93.257
	=	0.62

Burnham Holdings (OTCPK:BURCA) 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.

Burnham Holdings Debt-to-Equity Related Terms

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Burnham Holdings (Burnham Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Burnham Holdings Inc (OTCPK:BURCA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BURCP.PFD:USA

Address

1241 Harrisburg Pike, P.O. Box 3245, Lancaster, PA, USA, 17603

Website

https://www.burnhamholdings.com

Burnham Holdings Inc provides thermal and interior comfort solutions used in a range of residential, commercial, and industrial applications to the heating, ventilating and air conditioning industry. Its subsidiaries design, manufacture and sale of boilers and related heating ventilating and air conditioning products and accessories. The firm sells and markets its products under brand names such as Alpine, K2, Phantom and Raptor, and others. Its products include boilers, boiler room accessories, advanced control systems, furnaces, radiators, air conditioning systems etc. The firm derives majority of its revenues from sales in the United States.