Broadwind (Broadwind) Debt-to-Equity

: 0.63 (As of Dec. 2023)

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Broadwind's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9.9 Mil. Broadwind's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $25.5 Mil. Broadwind's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $56.0 Mil. Broadwind's debt to equity for the quarter that ended in Dec. 2023 was 0.63.

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

BWEN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.46 Max: 0.88
Current: 0.63

During the past 13 years, the highest Debt-to-Equity Ratio of Broadwind was 0.88. The lowest was 0.05. And the median was 0.46.

BWEN's Debt-to-Equity is ranked worse than
73.41% of 2618 companies
in the Industrial Products industry
Industry Median: 0.28 vs BWEN: 0.63

Broadwind Debt-to-Equity Historical Data

The historical data trend for Broadwind'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.

Broadwind Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.80

0.88

0.58

0.72

0.63

Broadwind Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.72	1.03	0.87	0.90	0.63

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Broadwind'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.

Broadwind Debt-to-Equity Distribution

For the Industrial Products industry and Industrials sector, Broadwind's Debt-to-Equity distribution charts can be found below:

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

Broadwind Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Broadwind's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(9.907	+	25.51)	/	56.019
	=	0.63

Broadwind's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(9.907	+	25.51)	/	56.019
	=	0.63

Broadwind (NAS:BWEN) 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.

Broadwind Debt-to-Equity Related Terms

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

Broadwind (Broadwind) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Broadwind Inc (NAS:BWEN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

9IRA:Germany

Address

3240 S. Central Avenue, Cicero, IL, USA, 60804

Website

https://www.bwen.com

Broadwind Inc is a precision manufacturer of structures, equipment and components for clean technology and other specialized applications. The company provide technologically high value products to customers with complex systems and stringent quality standards that operate in energy, mining and infrastructure sectors, in the United States of America. It capabilities include heavy fabrications, welding, metal rolling, coatings, gear cutting and shaping, gearbox manufacturing and repair, heat treat, assembly, engineering and packaging solutions. It operates through three operating segments namely Heavy Fabrications, Gearing and Industrial Solutions.

Executives

Sachin M Shivaram	director	3240 S. CENTRAL AVENUE, CICERO IL 60804
Thomas A. Wagner	director	66 WEYRICK ROAD, TROY NY 12180
Hayes M. Kennedy	officer: Chief Human Resources Officer	3240 S. CENTRAL AVE., CICERO IL 60804
Jeanette A. Press	director	550 WEST ADAMS STREET, CHICAGO IL 60661
Cary B Wood	director	425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173
Eric B. Blashford	officer: Pres., Broadwind Towers, Inc.	3240 S. CENTRAL AVE., CICERO IL 60804
Daniel E. Schueller	officer: Pres., Brad Foote Gear Works	3240 S. CENTRAL AVE., CICERO IL 60804
Stephanie K Kushner	officer: Chief Financial Officer
Thomas A Ciccone	officer: VP and Principal Acct Officer	3240 S. CENTRAL AVENUE, CICERO IL 60804
David P Reiland	director	N49 W13650 CAMPBELL DRIVE, MENOMONEE FALLS WI 53051
Jason Lee Bonfigt	officer: VP and Corporate Controller	3240 S. CENTRAL AVE., CICERO IL 60804
Wayne W. Hanna	officer: Pres., Brad Foote Gear Works	3240 S. CENTRAL AVE., CICERO IL 60804
Philip J Christman	director	3240 S. CENTRAL AVENUE, CICERO IL 60804
Mayo Gilbert W. Jr.	officer: Pres., Process Systems	3240 S. CENTRAL AVE., CICERO IL 60804
Joseph V. Reisinger	officer: VP, Business Development	3240 S. CENTRAL AVE., CICERO IL 60804