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Bulgarian Stock Exchange AD (XBUL:BSE) Debt-to-Equity : 0.01 (As of Sep. 2023)


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What is Bulgarian Stock Exchange AD Debt-to-Equity?

Bulgarian Stock Exchange AD's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was лв0.11 Mil. Bulgarian Stock Exchange AD's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was лв0.14 Mil. Bulgarian Stock Exchange AD's Total Stockholders Equity for the quarter that ended in Sep. 2023 was лв29.17 Mil. Bulgarian Stock Exchange AD's debt to equity for the quarter that ended in Sep. 2023 was 0.01.

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 Bulgarian Stock Exchange AD's Debt-to-Equity or its related term are showing as below:

XBUL:BSE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.01
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Bulgarian Stock Exchange AD was 0.01. The lowest was 0.00. And the median was 0.01.

XBUL:BSE's Debt-to-Equity is ranked better than
99.84% of 608 companies
in the Capital Markets industry
Industry Median: 0.38 vs XBUL:BSE: 0.01

Bulgarian Stock Exchange AD Debt-to-Equity Historical Data

The historical data trend for Bulgarian Stock Exchange AD'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.

Bulgarian Stock Exchange AD Debt-to-Equity Chart

Bulgarian Stock Exchange AD Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.01 - -

Bulgarian Stock Exchange AD Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.01 0.01 0.01

Competitive Comparison of Bulgarian Stock Exchange AD's Debt-to-Equity

For the Financial Data & Stock Exchanges subindustry, Bulgarian Stock Exchange AD'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.


Bulgarian Stock Exchange AD's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bulgarian Stock Exchange AD's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bulgarian Stock Exchange AD's Debt-to-Equity falls into.



Bulgarian Stock Exchange AD Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bulgarian Stock Exchange AD's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Bulgarian Stock Exchange AD's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

* 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.


Bulgarian Stock Exchange AD  (XBUL:BSE) 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.


Bulgarian Stock Exchange AD Debt-to-Equity Related Terms

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


Bulgarian Stock Exchange AD (XBUL:BSE) Business Description

Traded in Other Exchanges
N/A
Address
10 Tri ushi Street, Sofia, BGR, 1301
Bulgarian Stock Exchange AD is functioning stock exchange in Bulgaria. The principal activity of the group is to organize trade in securities and other financial instruments; organize and maintain an information system for security deals; and establish and maintain a clearing system. It has aggregated its operations into three reportable segments - Trading in Financial Instruments, Information Services, and Registration of Issues for Trading. It offers a wide range of RSS information services to serve the corporate clients, such as data-vendors, investment intermediaries, and issuers. The group performs their activities in Bulgaria only.