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Bridgford Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was $2.2 Mil. Bridgford Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was $4.7 Mil. Bridgford Foods's Total Stockholders Equity for the quarter that ended in Jul. 2024 was $126.8 Mil. Bridgford Foods's debt to equity for the quarter that ended in Jul. 2024 was 0.05.
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 Bridgford Foods's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of Bridgford Foods was 0.55. The lowest was 0.01. And the median was 0.13.
The historical data trend for Bridgford Foods'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.
Bridgford Foods Annual Data | |||||||||||||||||||||
Trend | Oct14 | Oct15 | Oct16 | Oct17 | Oct18 | Oct19 | Oct20 | Oct21 | Oct22 | Oct23 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 0.21 | 0.43 | 0.51 | 0.08 | 0.06 |
Bridgford Foods Quarterly Data | ||||||||||||||||||||
Oct19 | Jan20 | Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | Jul23 | Oct23 | Jan24 | Apr24 | Jul24 | |
Debt-to-Equity | Get a 7-Day Free Trial | N/A | 0.06 | 0.05 | 0.05 | 0.05 |
For the Packaged Foods subindustry, Bridgford Foods'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 Consumer Packaged Goods industry and Consumer Defensive sector, Bridgford Foods's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Bridgford Foods's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Bridgford Foods's Debt to Equity Ratio for the fiscal year that ended in Oct. 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 | |
= | (2.227 | + | 5.264) | / | 129.535 | |
= | 0.06 |
Bridgford Foods's Debt to Equity Ratio for the quarter that ended in Jul. 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 | |
= | (2.156 | + | 4.651) | / | 126.805 | |
= | 0.05 |
* 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.
Bridgford Foods (NAS:BRID) 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 Bridgford Foods's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Brian E. Bridgford | other: V.P. Production | 170 N. GREEN STREET, CHICAGO IL 60661 |
Richard Eugene Bridgford | other: VP, Ind. Relations & Safety | 170 N GREEN ST, CHICAGO IL 60607 |
Allan Jr. Bridgford | director | 515 MARGUERITE AVENUE, CORONA DEL MAR CA 92625 |
Juan Luis Silva | other: V.P. Plant Superintendent | 3414 STONE CREEK DR, JOLIET IL 60435 |
Dennis Gregory Scott | director | 9595 WILSHIRE BLVD., SUITE 710, BEVERLY HILLS CA 90212 |
Baron Bridgford | other: President, BFI. | P.O. BOX 3773, ANAHEIM CA 92803 |
Christopher William Cole | other: Senior Vice President | 1415 W. 44TH STREET, CHICAGO IL 60609 |
Bridgford Baron R.h. Ii | officer: President | 1415 W. 44TH STREET, CHICAGO IL 60609 |
Cindy Matthews-morales | officer: CFO, Secretary | 1308 N. PATT STREET, ANAHEIM CA 92801 |
Michael W. Bridgford | officer: Chairman of the Board | 1308 N. PATT STREET, ANAHEIM CA 92801 |
Mary S Schott | director | 2990 AIRWAY AVENUE, BUILDING A, COSTA MESA CA 92626 |
Debra Aileen Dealcuaz | other: Treasurer, Bridgford Indust. | 6432 CONNIE LANE, ROCKWALL TX 75032 |
Bruce Bridgford | director | P.O. BOX 3773, ANAHEIM CA 92803 |
William L Bridgford | director, officer: Chairman | P.O. BOX 3773, ANAHEIM CA 92803 |
Raymond F. Lancy | director, officer: CFO, TREAS, ASST SEC | 1308 N. PATT ST.,, ANAHEIM CA 92801 |
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