Brookfield Asset Management (Brookfield Asset Management) Debt-to-Equity

: 0.12 (As of Dec. 2023)

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Brookfield Asset Management's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $256.0 Mil. Brookfield Asset Management's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Brookfield Asset Management's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,076.0 Mil. Brookfield Asset Management's debt to equity for the quarter that ended in Dec. 2023 was 0.12.

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 Brookfield Asset Management's Debt-to-Equity or its related term are showing as below:

BAM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.05 Max: 0.12
Current: 0.12

During the past 4 years, the highest Debt-to-Equity Ratio of Brookfield Asset Management was 0.12. The lowest was 0.00. And the median was 0.05.

BAM's Debt-to-Equity is ranked better than
65.23% of 1021 companies
in the Asset Management industry
Industry Median: 0.19 vs BAM: 0.12

Brookfield Asset Management Debt-to-Equity Historical Data

The historical data trend for Brookfield Asset Management'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.

Brookfield Asset Management Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

N/A

0.05

0.12

Brookfield Asset Management Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						-	0.04	0.14	0.09	0.12

Competitive Comparison

For the Asset Management subindustry, Brookfield Asset Management'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.

Brookfield Asset Management Debt-to-Equity Distribution

For the Asset Management industry and Financial Services sector, Brookfield Asset Management's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Brookfield Asset Management's Debt-to-Equity falls into.

Brookfield Asset Management Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Brookfield Asset Management'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
	=	(256	+	0)	/	2076
	=	0.12

Brookfield Asset Management'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
	=	(256	+	0)	/	2076
	=	0.12

Brookfield Asset Management (NYSE:BAM) 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.

Brookfield Asset Management Debt-to-Equity Related Terms

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Brookfield Asset Management (Brookfield Asset Management) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brookfield Asset Management Ltd (NYSE:BAM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

RW5:Germany RW5:Germany BAM:Canada

Address

181 Bay Street, Suite 100, Brookfield Place, Toronto, ON, CAN, M5H 2T3

Website

https://www.brookfield.com

Brookfield Asset Management Ltd engages in providing alternative asset management services through an ownership interest in a leading global alternative asset management business. It offers a range of alternative investment products to investors around the world including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies, and private wealth investors.