Brookfield (TSX:BN) Debt-to-Equity : 5.11 (As of Dec. 2023)

View and export this data going back to 1971. Start your Free Trial

What is Brookfield Debt-to-Equity?

Brookfield's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$77,279 Mil. Brookfield's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$236,266 Mil. Brookfield's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$61,414 Mil. Brookfield's debt to equity for the quarter that ended in Dec. 2023 was 5.11.

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

TSX:BN' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.23 Med: 3.88 Max: 5.11
Current: 5.11

During the past 13 years, the highest Debt-to-Equity Ratio of Brookfield was 5.11. The lowest was 2.23. And the median was 3.88.

TSX:BN's Debt-to-Equity is ranked worse than
98.23% of 1019 companies
in the Asset Management industry
Industry Median: 0.19 vs TSX:BN: 5.11

Brookfield Debt-to-Equity Historical Data

The historical data trend for Brookfield'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.

Brookfield Debt-to-Equity Chart

Brookfield Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

4.10

4.14

3.80

4.89

5.11

Brookfield Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															4.89	5.06	4.93	5.10	5.11

Competitive Comparison of Brookfield's Debt-to-Equity

For the Asset Management subindustry, Brookfield'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.

Brookfield's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Brookfield's Debt-to-Equity distribution charts can be found below:

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

Brookfield Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Brookfield'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
	=	(77278.843	+	236266.493)	/	61414.423
	=	5.11

Brookfield'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
	=	(77278.843	+	236266.493)	/	61414.423
	=	5.11

Brookfield (TSX:BN) 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.

Brookfield Debt-to-Equity Related Terms

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

Brookfield (TSX:BN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brookfield Corp (TSX:BN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BROXF.PFD:USA BKFAF.PFD:USA BXDIF.PFD:USA BAMGF.PFD:USA BN:USA K7X:Germany BN.PF.J.PFD:Canada BN.PF.I.PFD:Canada BN.PR.Z.PFD:Canada BN.PR.X.PFD:Canada BN.PR.T.PFD:Canada BN.PR.R.PFD:Canada BN.PR.N.PFD:Canada BN.PR.M.PFD:Canada BN.PR.K.PFD:Canada BN.PR.C.PFD:Canada BN.PR.B.PFD:Canada BN.PF.H.PFD:Canada BN.PF.G.PFD:Canada BN.PF.F.PFD:Canada BN.PF.E.PFD:Canada BN.PF.D.PFD:Canada BN.PF.C.PFD:Canada BN.PF.B.PFD:Canada BN.PF.A.PFD:Canada B1AM34:Brazil

Address

181 Bay Street, Suite 100, Brookfield Place, P.O. Box 762, Toronto, ON, CAN, M5J 2T3

Website

https://www.brookfield.com

Brookfield Corp owns and manages the commercial property, power, and infrastructure assets. Its investment focus includes Real Estate, Infrastructure, Renewable Power and Private Equity. Real Estate is made up of office and retail properties; Renewable power is made up of hydroelectric, wind, solar, and storage generating facilities; Infrastructure is made up of utilities, transport, energy, data infrastructure, and sustainable resource assets; and Private Equity is focused on business services, infrastructure services, and industrial operations. The company generates the majority revenue through Private Equity. Located around the world, its assets are concentrated in the United States, and Canada.