BAE Systems (BAE Systems) Debt-to-Equity : 0.61 (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is BAE Systems Debt-to-Equity?

BAE Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $980 Mil. BAE Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7,222 Mil. BAE Systems's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $13,366 Mil. BAE Systems's debt to equity for the quarter that ended in Dec. 2023 was 0.61.

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

BAESY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.61 Med: 0.87 Max: 1.82
Current: 0.61

During the past 13 years, the highest Debt-to-Equity Ratio of BAE Systems was 1.82. The lowest was 0.61. And the median was 0.87.

BAESY's Debt-to-Equity is ranked worse than
61.42% of 254 companies
in the Aerospace & Defense industry
Industry Median: 0.445 vs BAESY: 0.61

BAE Systems Debt-to-Equity Historical Data

The historical data trend for BAE Systems'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.

BAE Systems Debt-to-Equity Chart

BAE Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.88

1.44

0.86

0.61

BAE Systems Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.86	0.60	0.61	0.62	0.61

Competitive Comparison of BAE Systems's Debt-to-Equity

For the Aerospace & Defense subindustry, BAE Systems'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.

BAE Systems's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, BAE Systems's Debt-to-Equity distribution charts can be found below:

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

BAE Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BAE Systems's Debt to Equity Ratio for the fiscal year 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
	=	(979.747	+	7221.519)	/	13365.823
	=	0.61

BAE Systems'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
	=	(979.747	+	7221.519)	/	13365.823
	=	0.61

BAE Systems (OTCPK:BAESY) 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.

BAE Systems Debt-to-Equity Related Terms

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

BAE Systems (BAE Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » BAE Systems PLC (OTCPK:BAESY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BAESF:USA BAl:UK BA.:UK BSP:Germany

Address

6 Carlton Gardens, Stirling Square, London, GBR, SW1Y 5AD

Website

https://www.baesystems.com

BAE Systems is a British global defense, security, and aerospace company and the largest defense contractor in Europe; it is one of six prime contractors to the U.S. Department of Defense. For reporting purposes, the company has five operating segments: electronics systems is the group's U.S.- and U.K.-based electronic warfare systems; the cyber, security, and intelligence segment supplies intelligence and security solutions to the U.S. government; platforms and services manufactures combat vehicles and munitions and performs ship repair services to the U.S. Defense Department; the air segment includes BAE's share of U.S. and European air programs as well as its businesses in Saudi Arabia and Australia; and the maritime segment comprises U.K. land- and marine-based activities.