The Bahrain Ship Repairing & Engineering Co BSC (BAH:BASREC) Debt-to-Equity : 0.04 (As of Sep. 2024)

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What is The Bahrain Ship Repairing & Engineering Co BSC Debt-to-Equity?

The Bahrain Ship Repairing & Engineering Co BSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was BHD0.00 Mil. The Bahrain Ship Repairing & Engineering Co BSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was BHD1.42 Mil. The Bahrain Ship Repairing & Engineering Co BSC's Total Stockholders Equity for the quarter that ended in Sep. 2024 was BHD33.68 Mil. The Bahrain Ship Repairing & Engineering Co BSC's debt to equity for the quarter that ended in Sep. 2024 was 0.04.

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 The Bahrain Ship Repairing & Engineering Co BSC's Debt-to-Equity or its related term are showing as below:

BAH:BASREC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.05 Max: 0.06
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of The Bahrain Ship Repairing & Engineering Co BSC was 0.06. The lowest was 0.00. And the median was 0.05.

BAH:BASREC's Debt-to-Equity is ranked better than
91.39% of 267 companies
in the Aerospace & Defense industry
Industry Median: 0.37 vs BAH:BASREC: 0.04

The Bahrain Ship Repairing & Engineering Co BSC Debt-to-Equity Historical Data

The historical data trend for The Bahrain Ship Repairing & Engineering Co BSC'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.

The Bahrain Ship Repairing & Engineering Co BSC Debt-to-Equity Chart

The Bahrain Ship Repairing & Engineering Co BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.06

0.05

The Bahrain Ship Repairing & Engineering Co BSC Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.05	0.05	0.05	0.02	0.04

Competitive Comparison of The Bahrain Ship Repairing & Engineering Co BSC's Debt-to-Equity

For the Aerospace & Defense subindustry, The Bahrain Ship Repairing & Engineering Co BSC'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.

The Bahrain Ship Repairing & Engineering Co BSC's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, The Bahrain Ship Repairing & Engineering Co BSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where The Bahrain Ship Repairing & Engineering Co BSC's Debt-to-Equity falls into.

The Bahrain Ship Repairing & Engineering Co BSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Bahrain Ship Repairing & Engineering Co BSC'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
	=	(0.125	+	1.47)	/	32.86
	=	0.05

The Bahrain Ship Repairing & Engineering Co BSC's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0	+	1.423)	/	33.675
	=	0.04

The Bahrain Ship Repairing & Engineering Co BSC (BAH:BASREC) 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.

The Bahrain Ship Repairing & Engineering Co BSC Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of The Bahrain Ship Repairing & Engineering Co BSC's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

The Bahrain Ship Repairing & Engineering Co BSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » The Bahrain Ship Repairing & Engineering Co BSC (BAH:BASREC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mina Salman Industrial Area, P.O. Box 568, Manama, BHR

Website

https://www.basrec.com

The Bahrain Ship Repairing & Engineering Co BSC is engaged in the business of providing repair and maintenance services to vessels operating in the Arabian Gulf and emergency repairs to the larger ocean-going ships. This includes container inspection services, pump repairs, as well as their subsidiary services. It operates as a division like a ship repair, small boat repair, teams Bahrain, containers. Its business segments include Ship repairing and investment, Trading, and Pump repairing, of which the majority of the revenue is generated from Ship repairing and investment segment.

The Bahrain Ship Repairing & Engineering Co BSC Headlines

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