Bon Natural Life (Bon Natural Life) Debt-to-Equity : 0.12 (As of Sep. 2023)

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What is Bon Natural Life Debt-to-Equity?

Bon Natural Life's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $3.24 Mil. Bon Natural Life's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.96 Mil. Bon Natural Life's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $35.49 Mil. Bon Natural Life's debt to equity for the quarter that ended in Sep. 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 Bon Natural Life's Debt-to-Equity or its related term are showing as below:

BON' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.36 Max: 1.44
Current: 0.12

During the past 6 years, the highest Debt-to-Equity Ratio of Bon Natural Life was 1.44. The lowest was 0.12. And the median was 0.36.

BON's Debt-to-Equity is ranked better than
77.46% of 1637 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs BON: 0.12

Bon Natural Life Debt-to-Equity Historical Data

The historical data trend for Bon Natural Life'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.

Bon Natural Life Debt-to-Equity Chart

Bon Natural Life Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.89

0.54

0.13

0.18

0.12

Bon Natural Life Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial						0.13	0.17	0.18	0.15	0.12

Competitive Comparison of Bon Natural Life's Debt-to-Equity

For the Packaged Foods subindustry, Bon Natural Life'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.

Bon Natural Life's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bon Natural Life's Debt-to-Equity distribution charts can be found below:

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

Bon Natural Life Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bon Natural Life's Debt to Equity Ratio for the fiscal year 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
	=	(3.24	+	0.963)	/	35.485
	=	0.12

Bon Natural Life'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
	=	(3.24	+	0.963)	/	35.485
	=	0.12

Bon Natural Life (NAS:BON) 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.

Bon Natural Life Debt-to-Equity Related Terms

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

Bon Natural Life (Bon Natural Life) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bon Natural Life Ltd (NAS:BON) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

C601, Gazelle Valley, No.69 Jinye Road, Xi’an Hi-tech Zone, Xi’an, CHN, 710077

Website

https://www.bnlus.com

Bon Natural Life Ltd is engaged in the manufacturing of personal care ingredients, such as plant extracted fragrance compounds to perfume and fragrance manufacturers, natural health supplements such as powder drinks and bioactive food ingredient products mostly used as food additives and nutritional supplements. The company has its geographic presence in PRC and in Overseas.