Switch to:
BHP Billiton Ltd  (NYSE:BHP) Debt-to-Equity: 0.53 (As of Jun. 2017)

BHP Billiton Ltd's Current Portion of Long-Term Debt for the quarter that ended in Jun. 2017 was $1,241 Mil. BHP Billiton Ltd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $29,233 Mil. BHP Billiton Ltd's Total Equity for the quarter that ended in Jun. 2017 was $57,258 Mil. BHP Billiton Ltd's debt to equity for the quarter that ended in Jun. 2017 was 0.53.

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.

NYSE:BHP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28   Max: 1.3
Current: 0.53

0.28
1.3

During the past 13 years, the highest Debt-to-Equity Ratio of BHP Billiton Ltd was 1.30. The lowest was 0.28. And the median was 0.57.

NYSE:BHP's Debt-to-Equity is ranked lower than
65% of the 686 Companies
in the Global industry.

( Industry Median: 0.34 vs. NYSE:BHP: 0.53 )

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

BHP Billiton Ltd Annual Data

Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.44 0.48 0.67 0.53

BHP Billiton Ltd Semi-Annual Data

Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only 0.48 0.66 0.67 0.60 0.53

Competitive Comparison
* 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.


Calculation

Debt to Equity measures the financial leverage a company has.

BHP Billiton Ltd's Debt to Equity Ratio for the fiscal year that ended in Jun. 2017 is calculated as

Debt to Equity=Total Debt / Total Equity
=(Current Portion of Long-Term Debt + Long-Term Debt & Capital Lease Obligation) / Total Equity
=(1241 + 29233) / 57258
=0.53

BHP Billiton Ltd's Debt to Equity Ratio for the quarter that ended in Jun. 2017 is calculated as

Debt to Equity=Total Debt / Total Equity
=(Current Portion of Long-Term Debt + Long-Term Debt & Capital Lease Obligation) / Total Equity
=(1241 + 29233) / 57258
=0.53

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

In the calculation of Debt to Equity, we use the total of Current Portion of Long-Term Debt and Long-Term Debt & Capital Lease Obligation divided by Total 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.


Related Terms


Headlines

From GuruFocus

From the Internet

BHP
Transocean: Not As Bad As It Looks?

- Barron's 2017-10-18 11:55:00

BHP
FTSE 100 rises as eyes turn to wages data

- MarketWatch 2017-10-18 04:24:00

BHP
BHP Iron Ore Output Misses Estimates

- Bloomberg 2017-10-17 17:32:48

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK