Boral (BOALF) Debt-to-Equity : 0.46 (As of Dec. 2023)

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What is Boral Debt-to-Equity?

Boral's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $16 Mil. Boral's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $635 Mil. Boral's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,429 Mil. Boral's debt to equity for the quarter that ended in Dec. 2023 was 0.46.

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

BOALF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.43 Max: 0.84
Current: 0.46

During the past 13 years, the highest Debt-to-Equity Ratio of Boral was 0.84. The lowest was 0.25. And the median was 0.43.

BOALF's Debt-to-Equity is ranked worse than
55.65% of 354 companies
in the Building Materials industry
Industry Median: 0.39 vs BOALF: 0.46

Boral Debt-to-Equity Historical Data

The historical data trend for Boral'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.

Boral Debt-to-Equity Chart

Boral Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.41

0.77

0.41

0.84

0.49

Boral 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															0.37	0.84	0.50	0.49	0.46

Competitive Comparison of Boral's Debt-to-Equity

For the Building Materials subindustry, Boral'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.

Boral's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Boral's Debt-to-Equity distribution charts can be found below:

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

Boral Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Boral'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
	=	(15.57	+	653.087)	/	1359.597
	=	0.49

Boral'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
	=	(16.064	+	635.341)	/	1428.849
	=	0.46

Boral (OTCPK:BOALF) 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.

Boral Debt-to-Equity Related Terms

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

Boral (BOALF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Boral Ltd (OTCPK:BOALF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BOALY:USA HQK:Germany BLD:Australia

Address

39 Delhi Road, Level 3, Triniti 2, P.O. Box 6041, North Ryde, Sydney, NSW, AUS, 2113

Website

https://www.boral.com

Boral is a vertically integrated construction materials company with operations across aggregates, cement, concrete, and asphalt. Several divestments mean Boral is now an Australia-focused construction materials and property development company. Approximately two thirds of revenue is exposed to infrastructure and nonresidential construction projects such as roads, highways, subdivisions, bridges, and commercial buildings. The balance rests on residential construction activity across detached housing, apartments, and renovations. Boral is just over 70%-owned by Australian industrial services and energy conglomerate Seven Group Holdings Limited.