Balkankar Zarya (XBUL:BZR) Debt-to-Equity : 1.09 (As of Sep. 2023)

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What is Balkankar Zarya Debt-to-Equity?

Balkankar Zarya's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was лв0.87 Mil. Balkankar Zarya's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was лв7.49 Mil. Balkankar Zarya's Total Stockholders Equity for the quarter that ended in Sep. 2023 was лв7.69 Mil. Balkankar Zarya's debt to equity for the quarter that ended in Sep. 2023 was 1.09.

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

XBUL:BZR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.87 Med: 1.1 Max: 1.91
Current: 1.09

During the past 4 years, the highest Debt-to-Equity Ratio of Balkankar Zarya was 1.91. The lowest was 0.87. And the median was 1.10.

XBUL:BZR's Debt-to-Equity is not ranked
in the Vehicles & Parts industry.
Industry Median: 0.48 vs XBUL:BZR: 1.09

Balkankar Zarya Debt-to-Equity Historical Data

The historical data trend for Balkankar Zarya'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.

Balkankar Zarya Debt-to-Equity Chart

Balkankar Zarya Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

1.91

1.82

1.42

0.95

Balkankar Zarya Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial									0.87	0.95	0.90	0.97	1.09

Competitive Comparison of Balkankar Zarya's Debt-to-Equity

For the Auto Parts subindustry, Balkankar Zarya'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.

Balkankar Zarya's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Balkankar Zarya's Debt-to-Equity distribution charts can be found below:

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

Balkankar Zarya Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Balkankar Zarya'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
	=	(0.355	+	7.286)	/	8.024
	=	0.95

Balkankar Zarya'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
	=	(0.865	+	7.49)	/	7.685
	=	1.09

Balkankar Zarya (XBUL:BZR) 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.

Balkankar Zarya Debt-to-Equity Related Terms

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Balkankar Zarya (XBUL:BZR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Balkankar Zarya PLC (XBUL:BZR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Tosho Kutev Street, Pavlikeni, BGR, 5200

Website

http://www.balkancarzarya.com

Balkankar Zarya PLC is engaged in the business of manufacturing and supplying steel wheels and rims in Bulgaria. The products are used in electric trucks, electric fork-lift trucks, pallet trucks, electric tractors, motor trucks, and other types of industrial vehicles.

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