Babylon Pump & Power (ASX:BPP) Debt-to-Equity : 1.41 (As of Dec. 2023)

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What is Babylon Pump & Power Debt-to-Equity?

Babylon Pump & Power's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$9.47 Mil. Babylon Pump & Power's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$5.80 Mil. Babylon Pump & Power's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$10.80 Mil. Babylon Pump & Power's debt to equity for the quarter that ended in Dec. 2023 was 1.41.

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 Babylon Pump & Power's Debt-to-Equity or its related term are showing as below:

ASX:BPP' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.64 Med: 1.46 Max: 3.28
Current: 1.41

During the past 13 years, the highest Debt-to-Equity Ratio of Babylon Pump & Power was 3.28. The lowest was -1.64. And the median was 1.46.

ASX:BPP's Debt-to-Equity is ranked worse than
80.62% of 929 companies
in the Business Services industry
Industry Median: 0.38 vs ASX:BPP: 1.41

Babylon Pump & Power Debt-to-Equity Historical Data

The historical data trend for Babylon Pump & Power'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.

Babylon Pump & Power Debt-to-Equity Chart

Babylon Pump & Power Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

3.14

1.30

1.72

3.28

1.46

Babylon Pump & Power 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															2.87	3.28	1.49	1.46	1.41

Competitive Comparison of Babylon Pump & Power's Debt-to-Equity

For the Rental & Leasing Services subindustry, Babylon Pump & Power'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.

Babylon Pump & Power's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Babylon Pump & Power's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Babylon Pump & Power's Debt-to-Equity falls into.

Babylon Pump & Power Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Babylon Pump & Power'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
	=	(8.99	+	6.125)	/	10.333
	=	1.46

Babylon Pump & Power'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
	=	(9.47	+	5.804)	/	10.802
	=	1.41

Babylon Pump & Power (ASX:BPP) 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.

Babylon Pump & Power Debt-to-Equity Related Terms

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

Babylon Pump & Power (ASX:BPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Babylon Pump & Power Ltd (ASX:BPP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

1 Port Place, High Wycombe, Perth, WA, AUS, 6057

Website

https://www.babylonpumpandpower.com

Babylon Pump & Power Ltd is an Australia-based provider of rental equipment. Babylon considers its two business units as its reporting segments. The Maintenance segment focuses on rebuild and maintenance services for large diesel driven equipment including field service work and high-pressure water blasting and ancillary services to the resources sector. The Rental segment provides rental services of specialty diesel driven pumping and power generation equipment. Geographically, it operates only in Australia.

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