Bhagwan Marine (ASX:BWN) Debt-to-Equity : 0.14 (As of Dec. 2024)

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What is Bhagwan Marine Debt-to-Equity?

Bhagwan Marine's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$12.8 Mil. Bhagwan Marine's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$10.3 Mil. Bhagwan Marine's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$163.8 Mil. Bhagwan Marine's debt to equity for the quarter that ended in Dec. 2024 was 0.14.

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

ASX:BWN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.2 Max: 1.2
Current: 0.14

During the past 3 years, the highest Debt-to-Equity Ratio of Bhagwan Marine was 1.20. The lowest was 0.14. And the median was 0.20.

ASX:BWN's Debt-to-Equity is ranked better than
83.09% of 899 companies
in the Transportation industry
Industry Median: 0.51 vs ASX:BWN: 0.14

Bhagwan Marine Debt-to-Equity Historical Data

The historical data trend for Bhagwan Marine'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.

Bhagwan Marine Debt-to-Equity Chart

Bhagwan Marine Annual Data

Trend

Jun22

Jun23

Jun24

Debt-to-Equity

N/A

1.20

Bhagwan Marine Semi-Annual Data
	Jun22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	N/A	N/A	0.20	1.20	0.14

Competitive Comparison of Bhagwan Marine's Debt-to-Equity

For the Marine Shipping subindustry, Bhagwan Marine'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.

Bhagwan Marine's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Bhagwan Marine's Debt-to-Equity distribution charts can be found below:

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

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Bhagwan Marine Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bhagwan Marine's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 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
	=	(54.478	+	39.276)	/	78.076
	=	1.20

Bhagwan Marine's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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
	=	(12.816	+	10.263)	/	163.794
	=	0.14

Bhagwan Marine (ASX:BWN) 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.

Bhagwan Marine Debt-to-Equity Related Terms

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Bhagwan Marine Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Bhagwan Marine Ltd (ASX:BWN) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

251 St Georges Terrace, Level 3, Perth, WA, AUS, 6000

Website

https://www.bhagwanmarine.com

Bhagwan Marine Ltd is a marine vessel operator and service provider in Australia. It provides a diverse range of marine solutions within Ports, Nearshore, Offshore, and Subsea locations to industries including Oil and Gas, Subsea, Port, Civil Construction, Renewables and Defence. The company has a fleet of inshore and offshore vessels that enables it to deliver a diversified service offering providing bespoke marine solutions. Bhagwan is managed based on a single segment.