BRC Asia (SGX:BEC) Debt-to-Equity : 0.62 (As of Mar. 2024)

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What is BRC Asia Debt-to-Equity?

BRC Asia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was S$252 Mil. BRC Asia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was S$17 Mil. BRC Asia's Total Stockholders Equity for the quarter that ended in Mar. 2024 was S$436 Mil. BRC Asia's debt to equity for the quarter that ended in Mar. 2024 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 BRC Asia's Debt-to-Equity or its related term are showing as below:

SGX:BEC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.65 Max: 1.7
Current: 0.62

During the past 13 years, the highest Debt-to-Equity Ratio of BRC Asia was 1.70. The lowest was 0.11. And the median was 0.65.

SGX:BEC's Debt-to-Equity is ranked worse than
64.75% of 556 companies
in the Steel industry
Industry Median: 0.415 vs SGX:BEC: 0.62

BRC Asia Debt-to-Equity Historical Data

The historical data trend for BRC Asia'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.

BRC Asia Debt-to-Equity Chart

BRC Asia Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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1.25

1.06

1.45

1.15

0.89

BRC Asia Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	1.15	0.67	0.89	0.62

Competitive Comparison of BRC Asia's Debt-to-Equity

For the Steel subindustry, BRC Asia'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.

BRC Asia's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, BRC Asia's Debt-to-Equity distribution charts can be found below:

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

BRC Asia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BRC Asia's Debt to Equity Ratio for the fiscal year 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
	=	(359.664	+	21.015)	/	427.311
	=	0.89

BRC Asia's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(251.678	+	17.196)	/	436.468
	=	0.62

BRC Asia (SGX:BEC) 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.

BRC Asia Debt-to-Equity Related Terms

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

BRC Asia (SGX:BEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » BRC Asia Ltd (SGX:BEC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

350 Jalan Boon Lay, Jurong Industrial Estate, Singapore, SGP, 619530

Website

https://www.brc.com.sg

BRC Asia Ltd is a provider of steel reinforcement solutions. The reportable segments of the company are fabrication and manufacturing; Trading; and others. It generates maximum revenue from the fabrication and manufacturing segment. The fabrication and manufacturing segment is involved in the business of prefabrication of steel reinforcement for use in concrete, trading of steel reinforcing bars, and manufacturing and sale of wire mesh fences. Trading segment is involved in trading of steel and steel related products in both domestic and international market. Others relates to management of airport, hotel and resort and property development. Geographically, it derives a majority of its revenue from Singapore and also has a presence in Malaysia, Thailand, Hong Kong, Australia and others.

BRC Asia (SGX:BEC) Headlines

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