B&G Foods (B&G Foods) Debt-to-Equity : 2.54 (As of Dec. 2023)

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What is B&G Foods Debt-to-Equity?

B&G Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $40 Mil. B&G Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,078 Mil. B&G Foods's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $835 Mil. B&G Foods's debt to equity for the quarter that ended in Dec. 2023 was 2.53.

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 B&G Foods's Debt-to-Equity or its related term are showing as below:

BGS' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.82 Med: 2.54 Max: 3.78
Current: 2.54

During the past 13 years, the highest Debt-to-Equity Ratio of B&G Foods was 3.78. The lowest was 1.82. And the median was 2.54.

BGS's Debt-to-Equity is ranked worse than
95.3% of 1637 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs BGS: 2.54

B&G Foods Debt-to-Equity Historical Data

The historical data trend for B&G Foods'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.

B&G Foods Debt-to-Equity Chart

B&G Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.37

2.85

2.54

2.83

2.54

B&G Foods 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	Get a 7-Day Free Trial															2.83	2.73	2.67	3.04	2.54

Competitive Comparison of B&G Foods's Debt-to-Equity

For the Packaged Foods subindustry, B&G Foods'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.

B&G Foods's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, B&G Foods's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where B&G Foods's Debt-to-Equity falls into.

B&G Foods Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

B&G Foods'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
	=	(40.009	+	2077.538)	/	835.463
	=	2.53

B&G Foods'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
	=	(40.009	+	2077.538)	/	835.463
	=	2.53

B&G Foods (NYSE:BGS) 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.

B&G Foods Debt-to-Equity Related Terms

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

B&G Foods (B&G Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » B&G Foods Inc (NYSE:BGS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DHR:Germany

Address

Four Gatehall Drive, Parsippany, NJ, USA, 07054

Website

https://www.bgfoods.com

B&G Foods Inc is an American packaged-food manufacturer. The company sells its products in the United States, Canada, and Puerto Rico. The company's main brands are Ac'cent, B&G, B&M, Baker's Joy, Bear Creek Country Kitchens, Cary's, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Durkee, Emeril's, Grandma's Molasses, MacDonald's, Mama Mary's, Maple Grove Farms, Regina, Sa-son, Sclafani, Smart Puffs, Spice Islands, Spring Tree, and Wright's. The company distributes its products through multiple channels to supermarkets, wholesalers, mass merchants, warehouse clubs, and food service distributors, among others.

Executives

Jordan E Greenberg	officer: EVP & Chief Commercial Officer	C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Bruce C Wacha	officer: EVP of Corp Strategy & Bus Dev	C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
David L Wenner	director, officer: President & CEO	C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Andrew D Vogel	officer: EVP, PRESIDENT OF MEALS	C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Alfred Poe	director	C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Kristen A. Thompson	officer: SVP, President of Frozen & Veg	C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Keller Kenneth C Jr	director, officer: President & CEO	C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Debra M Chase	director	C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Deann L Brunts	director	C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Ellen M Schum	officer: EVP & Chief Customer Officer	C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Erich A Fritz	officer: EVP-Chief Supply Chain Officer	C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Kenneth G. Romanzi	officer: EVP & Chief Operating Officer	C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Cheryl M Palmer	director	C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Michael Adasczik	officer: VP, Chief Accounting Officer	C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Robert D Mills	director	TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027