Bic (BICEF) Debt-to-Equity : 0.19 (As of Dec. 2024)

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What is Bic Debt-to-Equity?

Bic's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $175 Mil. Bic's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $175 Mil. Bic's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $1,878 Mil. Bic's debt to equity for the quarter that ended in Dec. 2024 was 0.19.

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

BICEF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 0.19
Current: 0.19

During the past 13 years, the highest Debt-to-Equity Ratio of Bic was 0.19. The lowest was 0.01. And the median was 0.06.

BICEF's Debt-to-Equity is ranked better than
67.6% of 1651 companies
in the Consumer Packaged Goods industry
Industry Median: 0.39 vs BICEF: 0.19

Bic Debt-to-Equity Historical Data

The historical data trend for Bic'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.

Bic Debt-to-Equity Chart

Bic Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.08

0.06

0.09

0.19

Bic Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.06	0.11	0.09	0.10	0.19

Competitive Comparison of Bic's Debt-to-Equity

For the Household & Personal Products subindustry, Bic'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.

Bic's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bic's Debt-to-Equity distribution charts can be found below:

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

Bic Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bic's Debt to Equity Ratio for the fiscal year 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
	=	(175.288	+	175.393)	/	1877.801
	=	0.19

Bic'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
	=	(175.288	+	175.393)	/	1877.801
	=	0.19

Bic (OTCPK:BICEF) 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.

Bic Debt-to-Equity Related Terms

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Bic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bic (OTCPK:BICEF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BICEY:USA BBp:UK 0MGP:UK BB:France BIF:Germany

Address

12 Boulevard Victor Hugo, Clichy Cedex, Paris, FRA, 92110

Website

https://www.bic.com

Bic SA Bic SA manufactures and markets writing instruments lighters shavers advertising and promotional products in France and globally. The company offers its products through various channels stationery stores office supplies companies convenience stores distributors wholesalers cash and carry stores and e-commerce. Its products include BIC 3 BIC Comfort 3 BIC EasyHybrid 3blade BIC Flex range BIC Flex Hybrid range BIC Pure 3 Lady BIC Soleil and Others. By net sales, the majority of the market is in North America followed by Europe and the developing markets of the Middle East Africa Latin America, and Asia.