Brambles (Brambles) Debt-to-Equity

: 0.94 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

Brambles's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $712 Mil. Brambles's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,225 Mil. Brambles's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,126 Mil. Brambles's debt to equity for the quarter that ended in Dec. 2023 was 0.94.

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

BMBLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.58 Med: 0.94 Max: 1.18
Current: 0.94

During the past 13 years, the highest Debt-to-Equity Ratio of Brambles was 1.18. The lowest was 0.58. And the median was 0.94.

BMBLF's Debt-to-Equity is ranked worse than
72.58% of 930 companies
in the Business Services industry
Industry Median: 0.4 vs BMBLF: 0.94

Brambles Debt-to-Equity Historical Data

The historical data trend for Brambles'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.

Brambles Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.58

0.91

0.92

1.17

1.01

Brambles 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																1.07	1.17	1.18	1.01	0.94

Competitive Comparison

For the Specialty Business Services subindustry, Brambles'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.

Brambles Debt-to-Equity Distribution

For the Business Services industry and Industrials sector, Brambles's Debt-to-Equity distribution charts can be found below:

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

Brambles Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Brambles'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
	=	(672.3	+	2212)	/	2870
	=	1.00

Brambles'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
	=	(712.1	+	2225.3)	/	3125.6
	=	0.94

Brambles (OTCPK:BMBLF) 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.

Brambles Debt-to-Equity Related Terms

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

Brambles (Brambles) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Brambles Ltd (OTCPK:BMBLF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BXBLY:USA BXB:Australia

Address

255 George Street, Level 29, Sydney, NSW, AUS, 2000

Website

https://www.brambles.com

Brambles is the world's largest supplier of reusable wooden pallets for the fast-moving consumer goods, fresh produce, beverage, retail, and general manufacturing industries. Bramble's services primarily operating under the Chep brand. Operation span approximately 60 countries with three geographical segments: Chep Americas, Chep EMEA, and Chep Asia-Pacific.