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Bridge Investment Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $11.7 Mil. Bridge Investment Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $450.0 Mil. Bridge Investment Group Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $88.8 Mil. Bridge Investment Group Holdings's debt to equity for the quarter that ended in Sep. 2024 was 5.20.
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 Bridge Investment Group Holdings's Debt-to-Equity or its related term are showing as below:
During the past 5 years, the highest Debt-to-Equity Ratio of Bridge Investment Group Holdings was 6.61. The lowest was 0.21. And the median was 3.62.
The historical data trend for Bridge Investment Group Holdings'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.
Bridge Investment Group Holdings Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Debt-to-Equity | 0.21 | 0.88 | 2.40 | 3.87 | 6.46 |
Bridge Investment Group Holdings 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 | 6.61 | 6.46 | 5.25 | 5.31 | 5.20 |
For the Asset Management subindustry, Bridge Investment Group Holdings'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.
For the Asset Management industry and Financial Services sector, Bridge Investment Group Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Bridge Investment Group Holdings's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Bridge Investment Group Holdings'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 | |
= | (34 | + | 449.952) | / | 74.913 | |
= | 6.46 |
Bridge Investment Group Holdings'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 | |
= | (11.7 | + | 450.04) | / | 88.777 | |
= | 5.20 |
* 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.
Bridge Investment Group Holdings (NYSE:BRDG) 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.
Thank you for viewing the detailed overview of Bridge Investment Group Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Robert Randolph Morse | director, 10 percent owner, officer: See Remarks | 1000 PARK AVENUE, APT 3, NEW YORK NY 10028 |
Katherine Elsnab | officer: Chief Accounting Officer | C/O BRIDGE INVESTMENT GROUP HOLDINGS INC, 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070 |
Adam O'farrell | director, officer: See Remarks | C/O BRIDGE INVESTMENT GROUP HOLDINGS INC, 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070 |
Jonathan Slager | director, officer: See Remarks | C/O BRIDGE INVESTMENT GROUP HOLDINGS INC, 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070 |
Dean Allara | director, officer: See Remarks | C/O BRIDGE INVESTMENT GROUP HOLDINGS INC, 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070 |
Garrett Behling | officer: Chief Accounting Officer | 111 EAST SEGO LILY DRIVE, SUITE 400, SANDY UT 84070 |
Chad A Leat | director | C/O UNITED AMERICA INDEMNITY GROUP INC., 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004 |
Deborah C Hopkins | director | 1007 MARKET ST, WILMINGTON DE 19898 |
Debra M Chase | director | C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054 |
Bridge Founders Group, Llc | 10 percent owner | 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070 |
Chad D. Briggs | officer: See Remarks | C/O BRIDGE INVESTMENT GROUP HOLDINGS INC, 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070 |
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