BHP Group (XSWX:BLT) Debt-to-Equity : 0.37 (As of Dec. 2021)

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What is BHP Group Debt-to-Equity?

BHP Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was CHF2,813 Mil. BHP Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was CHF14,641 Mil. BHP Group's Total Stockholders Equity for the quarter that ended in Dec. 2021 was CHF46,775 Mil. BHP Group's debt to equity for the quarter that ended in Dec. 2021 was 0.37.

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

XSWX:BLT's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

BHP Group Debt-to-Equity Historical Data

The historical data trend for BHP Group'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.

BHP Group Debt-to-Equity Chart

BHP Group Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Debt-to-Equity

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0.53

0.48

0.53

0.57

0.41

BHP Group Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Debt-to-Equity	Get a 7-Day Free Trial															0.56	0.57	0.46	0.41	0.37

Competitive Comparison of BHP Group's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, BHP Group'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.

BHP Group's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, BHP Group's Debt-to-Equity distribution charts can be found below:

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

BHP Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BHP Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 2021 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
	=	(2385.698	+	16662.669)	/	46537.459
	=	0.41

BHP Group's Debt to Equity Ratio for the quarter that ended in Dec. 2021 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
	=	(2812.734	+	14641.137)	/	46774.827
	=	0.37

BHP Group (XSWX:BLT) 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.

BHP Group Debt-to-Equity Related Terms

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

BHP Group (XSWX:BLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » BHP Group PLC (XSWX:BLT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

160 Victoria Street, Nova South, London, GBR, SW1E 5LB

Website

https://www.bhp.com

BHP is a leading global diversified miner supplying iron ore, copper, oil, gas, and metallurgical. The merger of BHP Limited (now BHP Ltd.) and Billiton PLC (now BHP PLC) created the present-day BHP. Shareholders in each company have equivalent economic and voting rights in BHP as a whole and in 2022 voted to reunify the dual listed structure. Major assets include Pilbara iron ore, Queensland coking coal, Escondida copper and conventional petroleum assets, principally in Australia and the Gulf of Mexico. Onshore U.S. oil and gas assets were sold in 2018 and the remaining Petroleum assets are likely to be spun off and merged with Woodside.