BGI (Birks Group) Debt-to-Equity: -7.75 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BGI Birks Group Inc BGI
41 GF Score
Price $0.52
GF Value $2.20
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Birks Group Debt-to-Equity?

Birks Group BGI -6.84% 41 Debt-to-Equity is -7.75 as of Mar. 2026. GuruFocus rates BGI with a GF Score™ of 41/100 and a GF Value™ of $2.20 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,021 Retail - Cyclical companies, Birks Group ranks worse than 97943.1% on this metric.

Birks Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $61.2 Mil. Birks Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $59.5 Mil. Birks Group's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-15.6 Mil. Birks Group's debt to equity for the quarter that ended in Mar. 2026 was -7.75.

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

BGI' s Debt-to-Equity Range Over the Past 10 Years
Min: -251.81   Med: -3.18   Max: 44.8
Current: -7.75

During the past 13 years, the highest Debt-to-Equity Ratio of Birks Group was 44.80. The lowest was -251.81. And the median was -3.18.

BGI's Debt-to-Equity is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.56 vs BGI: -7.75

Birks Group  (AMEX:BGI) 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.


Birks Group Debt-to-Equity Related Terms


Birks Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Birks 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.

Birks Group Debt-to-Equity Chart

Birks Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.94 -251.81 -30.42 -8.07 -7.75

Birks Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -30.42 -17.72 -8.07 -8.13 -7.75

BGI vs BRLT, SORA, TPR: Debt-to-Equity Comparison

For the Luxury Goods subindustry, Birks 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.


Birks Group Debt-to-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Birks Group's Debt-to-Equity distribution charts can be found below:

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


BGI
41GF Score
Birks Group Inc BGI
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Birks Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Birks Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Birks Group's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -7.75 mean?
Birks Group (BGI) has a Debt-to-Equity of -7.75 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Birks Group and its competitors. According to the industry distribution chart, Birks Group ranks #999999 out of 1021 companies in the Retail - Cyclical industry.
Is Birks Group's Debt-to-Equity too high?
Birks Group's current Debt-to-Equity is -7.75. Based on the distribution chart, Birks Group ranks #999999 out of 1021 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Birks Group has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Birks Group's Debt-to-Equity compare to BRLT and SORA?
According to the Retail - Cyclical industry distribution chart, Birks Group ranks #999999 out of 1021 companies for Debt-to-Equity. This places Birks Group in the lower half of its industry. The industry median Debt-to-Equity is 0.56. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Retail - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.56, based on 1,021 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Birks Group and its competitors. For the Retail - Cyclical industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Birks Group's current Debt-to-Equity is -7.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Birks Group stock overvalued right now?
Based on GuruFocus' analysis, Birks Group (BGI) is currently considered Possible Value Trap. The stock's GF Value™ is $2.20, compared to a current price of $0.52 — trading 76.5% below its estimated fair value. The current Debt-to-Equity is -7.75. Birks Group's overall GF Score™ is 41/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Birks Group (BGI), the current Debt-to-Equity is -7.75 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Birks Group (BGI) Overvalued in 2026?

Based on GuruFocus' analysis, Birks Group stock appears to be undervalued. The current stock price of $0.52 is trading 76.5% below its estimated GF Value™ of $2.20. GuruFocus considers Birks Group to be Possible Value Trap.

Key valuation signals for BGI:

  • Debt-to-Equity: -7.75
  • GF Value™: $2.20 vs. price of $0.52 (76.5% below fair value)
  • GF Score™: 41/100 with 7 warning signs

No single metric tells the full story. See the BGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Birks Group Business Description

Other Exchanges 2BG:Germany
Address 2020 Robert-Bourassa Boulevard, Suite 200, Montreal, QC, CAN, H3A 2A5
Birks Group Inc is a part of the leisure industry. The company designs, develops, produces, and retails fine jewelry, timepieces, and gifts. Its operating segments include Retail and Other. The company generates maximum revenue from the Retail segment. Its retail segment consists of retail operations whereby it operates stores in Canada under the Maison Birks, Brinkhaus, Graff, and Patek Phillippe brands. The other segment consists mainly of wholesale business, e-commerce business, and gold exchange business.
41GF Score

Get the complete analysis for BGI

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.52
Price
$2.20
GF Value