Bunzl (BZLFY) Debt-to-Equity : 1.04 (As of Dec. 2023)

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What is Bunzl Debt-to-Equity?

Bunzl's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,464 Mil. Bunzl's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,442 Mil. Bunzl's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,755 Mil. Bunzl's debt to equity for the quarter that ended in Dec. 2023 was 1.04.

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

BZLFY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.99 Med: 1.17 Max: 1.41
Current: 1.04

During the past 13 years, the highest Debt-to-Equity Ratio of Bunzl was 1.41. The lowest was 0.99. And the median was 1.17.

BZLFY's Debt-to-Equity is ranked worse than
64.98% of 277 companies
in the Retail - Defensive industry
Industry Median: 0.65 vs BZLFY: 1.04

Bunzl Debt-to-Equity Historical Data

The historical data trend for Bunzl'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.

Bunzl Debt-to-Equity Chart

Bunzl Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.35

1.41

1.17

1.15

1.04

Bunzl 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															1.17	1.18	1.15	1.15	1.04

Competitive Comparison of Bunzl's Debt-to-Equity

For the Food Distribution subindustry, Bunzl'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.

Bunzl's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Bunzl's Debt-to-Equity distribution charts can be found below:

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

Bunzl Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bunzl'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
	=	(1463.671	+	2442.405)	/	3754.81
	=	1.04

Bunzl'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
	=	(1463.671	+	2442.405)	/	3754.81
	=	1.04

Bunzl (OTCPK:BZLFY) 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.

Bunzl Debt-to-Equity Related Terms

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Bunzl (BZLFY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Bunzl PLC (OTCPK:BZLFY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BZLFF:USA BNZLl:UK BNZL:UK BUZ1:Germany

Address

45 Seymour Street, York House, London, GBR, W1H 7JT

Website

https://www.bunzl.com

Bunzl PLC is a global distributor of nonfood consumables, including disposable cutlery, cleaning products, and personal protective equipment. The company's geographical segment includes North America; Continental Europe; UK and Ireland and Rest of the World. It derives a majority of its revenue from Foodservice sector.