Bemax (BMXC) Debt-to-Equity : -0.78 (As of May. 2017)

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What is Bemax Debt-to-Equity?

Bemax's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2017 was $0.19 Mil. Bemax's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2017 was $0.00 Mil. Bemax's Total Stockholders Equity for the quarter that ended in May. 2017 was $-0.25 Mil. Bemax's debt to equity for the quarter that ended in May. 2017 was -0.78.

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

BMXC's Debt-to-Equity is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 0.38
* Ranked among companies with meaningful Debt-to-Equity only.

Bemax Debt-to-Equity Historical Data

The historical data trend for Bemax'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.

Bemax Debt-to-Equity Chart

Bemax Annual Data

Trend

May14

May15

May16

May17

Debt-to-Equity

-0.47

-0.78

Bemax Semi-Annual Data
	May14	May15	May16	May17
Debt-to-Equity	-	-	-0.47	-0.78

Competitive Comparison of Bemax's Debt-to-Equity

For the Household & Personal Products subindustry, Bemax'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.

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

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

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

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Bemax Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bemax's Debt to Equity Ratio for the fiscal year that ended in May. 2017 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
	=	(0.192	+	0)	/	-0.245
	=	-0.78

Bemax's Debt to Equity Ratio for the quarter that ended in May. 2017 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
	=	(0.192	+	0)	/	-0.245
	=	-0.78

Bemax (OTCPK:BMXC) 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.

Bemax Debt-to-Equity Related Terms

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Bemax Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bemax Inc (OTCPK:BMXC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

625 Silver Oak Drive, Dallas, GA, USA, 30132

Website

https://www.bemaxinc.com

Bemax Inc is a United States-based company. The company is engaged in the business of exporting disposable baby diapers manufactured in the United States and Asia and then distributing them to Europe and South Africa. It distributes its products through existing Bemax distribution channels of wholesalers and retailers in Europe and emerging African markets as well as to buyers online through the Bemax e-commerce website. The brands include Modenna, Mother's Touch, and Mother's Choice.

Executives

Taiwo Aimasiko

director, officer: CEO

625 SILVER OAK DRIVE, DALLAS GA 30132