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BlackBerry (BlackBerry) Debt-to-Equity : 0.33 (As of Feb. 2024)


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BlackBerry Debt-to-Equity Definition

BlackBerry's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $20.0 Mil. BlackBerry's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $232.0 Mil. BlackBerry's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $776.0 Mil. BlackBerry's debt to equity for the quarter that ended in Feb. 2024 was 0.32.

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

BB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25   Med: 0.36   Max: 0.56
Current: 0.33

During the past 13 years, the highest Debt-to-Equity Ratio of BlackBerry was 0.56. The lowest was 0.25. And the median was 0.36.

BB's Debt-to-Equity is ranked worse than
60.17% of 2222 companies
in the Software industry
Industry Median: 0.21 vs BB: 0.33

BlackBerry Debt-to-Equity Historical Data

The historical data trend for BlackBerry'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.

BlackBerry Debt-to-Equity Chart

BlackBerry Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.56 0.39 0.52 0.33

BlackBerry Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.52 0.51 0.52 0.24 0.33

Competitive Comparison of BlackBerry's Debt-to-Equity

For the Software - Infrastructure subindustry, BlackBerry'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.


BlackBerry Debt-to-Equity Distribution

For the Software industry and Technology sector, BlackBerry's Debt-to-Equity distribution charts can be found below:

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



BlackBerry Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BlackBerry's Debt to Equity Ratio for the fiscal year that ended in Feb. 2024 is calculated as

BlackBerry's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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.


BlackBerry  (NYSE:BB) 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.


BlackBerry Debt-to-Equity Related Terms

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


BlackBerry (BlackBerry) Business Description

Address
2200 University Avenue East, Waterloo, ON, CAN, N2K 0A7
BlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communication for enterprises. The firm provides endpoint management and protection to enterprises, specializing in regulated industries like government, as well as embedded software to the automotive, medical, and industrial markets.
Executives
Marjorie Dickman officer: Chief Gv Aff & Pub Pol Officer C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
John Joseph Giamatteo officer: President of Cyber Security
Mattias Eriksson officer: President of IoT C/O 2200 UNIVERSITY AVE EAST, WATERLOO A6 N2K OA7
Steve Rai officer: Chief Financial Officer C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
Philip S. Kurtz officer: CLO & Corp. Secretary C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
Nita C White-ivy officer: EVP, Human Resources 5000 HACIENDA DR, DUBLIN CA 94568
John S Chen director, officer: Executive Chairman & CEO C/O SYBASE INC, 5000 HACIENDA DR, DUBLIN CA 92563
Mark George Wilson officer: Chief Marketing Officer C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
Billy Ho officer: EVP, Ent. Products & VAS 5000 HACIENDA DR, DUBLIN CA 94568
Randall Cook officer: CLO & Corp. Secretary C/O BLACKBERRY LIMITED, 3001 BISHOP DRIVE, SUITE 400, SAN RAMON CA 10017
Thomas Eacobacci officer: President, BlackBerry C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO Z4 A6 N2K 0A7
Steven M Capelli officer: Chief Revenue Officer 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
David Castignola officer: Head of Spark Field Ops & Mktg C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
Barbara Stymiest director C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
Second 1109 Holdco Ltd. director, 10 percent owner 95 WELLINGTON ST W STE 800, TORONTO A6 M5J 2N7