Beam Communications Holdings (ASX:BCC) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Beam Communications Holdings Debt-to-Equity?

Beam Communications Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.39 Mil. Beam Communications Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.19 Mil. Beam Communications Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$18.23 Mil. Beam Communications Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 Beam Communications Holdings's Debt-to-Equity or its related term are showing as below:

ASX:BCC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.1 Max: 4.14
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Beam Communications Holdings was 4.14. The lowest was 0.01. And the median was 0.10.

ASX:BCC's Debt-to-Equity is ranked better than
90.07% of 2196 companies
in the Hardware industry
Industry Median: 0.29 vs ASX:BCC: 0.03

Beam Communications Holdings Debt-to-Equity Historical Data

The historical data trend for Beam Communications Holdings'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.

Beam Communications Holdings Debt-to-Equity Chart

Beam Communications Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.21

0.41

0.11

0.05

0.01

Beam Communications Holdings 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															0.05	0.05	0.03	0.01	0.03

Competitive Comparison of Beam Communications Holdings's Debt-to-Equity

For the Communication Equipment subindustry, Beam Communications Holdings'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.

Beam Communications Holdings's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Beam Communications Holdings's Debt-to-Equity distribution charts can be found below:

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

Beam Communications Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Beam Communications Holdings'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
	=	(0.103	+	0.027)	/	18.42
	=	0.01

Beam Communications Holdings'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
	=	(0.392	+	0.194)	/	18.229
	=	0.03

Beam Communications Holdings (ASX:BCC) 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.

Beam Communications Holdings Debt-to-Equity Related Terms

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

Beam Communications Holdings (ASX:BCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Beam Communications Holdings Ltd (ASX:BCC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 5/8 Anzed Court, Mulgrave, Melbourne, VIC, AUS, 3170

Website

https://www.beamcommunications.com

Beam Communications Holdings Ltd is a satellite telecommunications company. It designs, develops, manufactures, and distributes a range of satellite phone equipment and related services. The company offers satellite communication terminals, accessories, and data airtime services. Also, it provides handsets, accessories, SIM cards, and payment options on hardware, as well as pre-paid airtime services through SatPhoneShop.com, an online store. Its products are ZOLEO Global Satellite Com, Iridium GO and others. Geographically, the group generates revenue from Canada. Majority revenue is generated from Equipment sales.