Beacon Lighting Group (ASX:BLX) Debt-to-Equity : 1.03 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Beacon Lighting Group Debt-to-Equity?

Beacon Lighting Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$54.7 Mil. Beacon Lighting Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$109.5 Mil. Beacon Lighting Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$159.9 Mil. Beacon Lighting Group's debt to equity for the quarter that ended in Dec. 2023 was 1.03.

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 Beacon Lighting Group's Debt-to-Equity or its related term are showing as below:

ASX:BLX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.54 Max: 1.94
Current: 1.03

During the past 10 years, the highest Debt-to-Equity Ratio of Beacon Lighting Group was 1.94. The lowest was 0.02. And the median was 0.54.

ASX:BLX's Debt-to-Equity is ranked worse than
68.96% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs ASX:BLX: 1.03

Beacon Lighting Group Debt-to-Equity Historical Data

The historical data trend for Beacon Lighting Group'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.

Beacon Lighting Group Debt-to-Equity Chart

Beacon Lighting Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

0.61

1.65

1.26

1.07

1.00

Beacon Lighting Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.19	1.07	1.05	1.00	1.03

Competitive Comparison of Beacon Lighting Group's Debt-to-Equity

For the Specialty Retail subindustry, Beacon Lighting Group'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.

Beacon Lighting Group's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Beacon Lighting Group's Debt-to-Equity distribution charts can be found below:

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

Beacon Lighting Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Beacon Lighting Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(46.176	+	103.206)	/	149.096
	=	1.00

Beacon Lighting Group'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
	=	(54.659	+	109.455)	/	159.949
	=	1.03

Beacon Lighting Group (ASX:BLX) 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.

Beacon Lighting Group Debt-to-Equity Related Terms

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

Beacon Lighting Group (ASX:BLX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Beacon Lighting Group Ltd (ASX:BLX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Bastow Place, Mulgrave, Melbourne, VIC, AUS, 3170

Website

http://www.beaconlightinggroup.com.au

Beacon Lighting Group Ltd engages in the sale of lighting. It designs, develops, imports, distributes, merchandises, and sells light fittings, ceiling fans, and light globes, as well as energy products.