GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Berkshire Hathaway Inc (NYSE:BRK.A) » Definitions » Debt-to-Equity

Berkshire Hathaway (Berkshire Hathaway) Debt-to-Equity

: 0.23 (As of Dec. 2023)
View and export this data going back to 1980. Start your Free Trial

Berkshire Hathaway's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,335 Mil. Berkshire Hathaway's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $122,936 Mil. Berkshire Hathaway's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $561,273 Mil. Berkshire Hathaway's debt to equity for the quarter that ended in Dec. 2023 was 0.23.

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

BRK.A' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23   Med: 0.27   Max: 0.36
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Berkshire Hathaway was 0.36. The lowest was 0.23. And the median was 0.27.

BRK.A's Debt-to-Equity is ranked better than
51.44% of 383 companies
in the Insurance industry
Industry Median: 0.24 vs BRK.A: 0.23

Berkshire Hathaway Debt-to-Equity Historical Data

The historical data trend for Berkshire Hathaway'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.

Berkshire Hathaway Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.26 0.23 0.26 0.23

Berkshire Hathaway Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.26 0.25 0.23 0.24 0.23

Competitive Comparison

For the Insurance - Diversified subindustry, Berkshire Hathaway'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.


Berkshire Hathaway Debt-to-Equity Distribution

For the Insurance industry and Financial Services sector, Berkshire Hathaway's Debt-to-Equity distribution charts can be found below:

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



Berkshire Hathaway Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Berkshire Hathaway's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Berkshire Hathaway's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Berkshire Hathaway  (NYSE:BRK.A) 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.


Berkshire Hathaway Debt-to-Equity Related Terms

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


Berkshire Hathaway (Berkshire Hathaway) Business Description

Address
3555 Farnam Street, Omaha, NE, USA, 68131
Berkshire Hathaway is a holding company with a wide array of subsidiaries engaged in diverse activities. The firm's core business segment is insurance, run primarily through Geico, Berkshire Hathaway Reinsurance Group, and Berkshire Hathaway Primary Group. Berkshire has used the excess cash thrown off from these and its other operations over the years to acquire Burlington Northern Santa Fe (railroad), Berkshire Hathaway Energy (utilities and energy distributors), and the firms that make up its manufacturing, service, and retailing operations (which include five of Berkshire's largest noninsurance pretax earnings generators: Precision Castparts, Lubrizol, Clayton Homes, Marmon, and IMC/ISCAR). The conglomerate is unique in that it is run on a completely decentralized basis.
Executives
Ronald L Olson director EDISON INTERNATIONAL, 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Ajit Jain director, officer: Vice Chairman 100 FIRST STAMFORD PLACE, BHRG, STAMFORD CT 06902
Charles T Munger director, officer: Vice Chairman 355 S GRAND AV, 34TH FL, LOS ANGELES CA 90071
Warren E Buffett director, 10 percent owner, officer: Chairman and CEO 3555 FARNAM ST, STE 1440, OMAHA NE 68131
Meryl B Witmer director 655 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Kenneth I Chenault director C/O GENERAL CATALYST, 20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
David S Gottesman director
Charlotte Guyman director 3324 78TH PL. N.E., MEDINA WA 98004
Gregory Abel director, officer: Vice Chairman 666 GRAND AVE., STE.500, DES MOINES IA 50309
Thomas S Murphy director C/O WALT DISNEY CO, 500 S BUENA VISTA STREET, BURBANK CA 91521-1010
Stephen B Burke director 41 CENTRAL PARK WEST - APT 11A, NEW YORK NY 10023
Keough Donald R /ny director 200 GALLERIA PARKWAY, SE, SUITE 970, ATLANTA 2Q 30339-5945
Bill & Melinda Gates Foundation Trust 10 percent owner 2365 CARILLON POINT, KIRKLAND WA 98033
Susan L Decker director C/O YAHOO INC, 701 FIRST AVE, SUNNYVALE CA 94089
Malcolm G Chace director ONE PROVIDENCE WASHINGTON PLZ, 4TH FL, PROVIDENCE RI 02903