BEXIMCO (DHA:BEXIMCO) Debt-to-Equity : 1.11 (As of Dec. 2023)

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What is BEXIMCO Debt-to-Equity?

BEXIMCO's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT22,788 Mil. BEXIMCO's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT70,812 Mil. BEXIMCO's Total Stockholders Equity for the quarter that ended in Dec. 2023 was BDT84,419 Mil. BEXIMCO's debt to equity for the quarter that ended in Dec. 2023 was 1.11.

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

DHA:BEXIMCO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.79 Med: 0.97 Max: 1.11
Current: 1.11

During the past 11 years, the highest Debt-to-Equity Ratio of BEXIMCO was 1.11. The lowest was 0.79. And the median was 0.97.

DHA:BEXIMCO's Debt-to-Equity is ranked worse than
77.97% of 935 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs DHA:BEXIMCO: 1.11

BEXIMCO Debt-to-Equity Historical Data

The historical data trend for BEXIMCO'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.

BEXIMCO Debt-to-Equity Chart

BEXIMCO Annual Data

Trend

Dec12

Dec13

Dec14

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.85

0.84

0.79

1.10

1.05

BEXIMCO Quarterly Data
	Dec11	Dec12	Dec13	Dec14	Jun17	Jun18	Jun19	Jun20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.97	0.98	1.05	1.08	1.11

Competitive Comparison of BEXIMCO's Debt-to-Equity

For the Textile Manufacturing subindustry, BEXIMCO'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.

BEXIMCO's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, BEXIMCO's Debt-to-Equity distribution charts can be found below:

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

BEXIMCO Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BEXIMCO's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(13726.362	+	74140.101)	/	84087.423
	=	1.04

BEXIMCO'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
	=	(22787.609	+	70812.331)	/	84418.934
	=	1.11

BEXIMCO (DHA:BEXIMCO) 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.

BEXIMCO Debt-to-Equity Related Terms

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

BEXIMCO (DHA:BEXIMCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » BEXIMCO Ltd (DHA:BEXIMCO) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Bir Uttam M. A. Rob Sarak Road No. 2, Plot No. 24 (New) 17 (Old), Dhanmondi, Dhaka, BGD, 1205

Website

https://www.beximco.com

BEXIMCO Ltd is a Bangladesh-based company, its business activities include investment operation, agency, and trading in other commodities. The company is also engaged in manufacturing and marketing of yarn that is consumed by weaving mills of Bangladesh including its own weaving mills producing and marketing fabric, that are also consumed by the export-oriented garments industries of Bangladesh including the garments factories of Beximco Group. It operates in two divisions: textiles and others out of which textile derives the majority revenue.

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