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BraitJSE:BAT +0.91%15 Debt-to-Equity is 0.22 as of Mar. 2026, which is 37% below its 10-year median of 0.35. GuruFocus rates JSE:BAT with a GF Score™ of 15/100. The stock has 5 warning signs investors should review. Among 960 Asset Management companies, Brait ranks worse than 50.73% on this metric.
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 Brait's Debt-to-Equity or its related term are showing as below:
JSE:BAT'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.35 Max: 0.99
Current: 0.22
During the past 13 years, the highest Debt-to-Equity Ratio of Brait was 0.99. The lowest was 0.20. And the median was 0.35.
JSE:BAT's Debt-to-Equity is ranked worse than 50.73% of 960
companies
in the Asset Management industry
Industry Median: 0.21
vs JSE:BAT: 0.22
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.
Brait Debt-to-Equity Related Terms
Brait Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Brait'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.
JSE:BAT vs BLK, BX, KKR: Debt-to-Equity Comparison
For the Asset Management subindustry, Brait'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.
Brait Debt-to-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Brait's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Brait's Debt-to-Equity falls into.
* 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.
Brait (JSE:BAT) has a Debt-to-Equity of 0.22 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Brait and its competitors. This is 37% below median its historical median of 0.35. Over the past decade, Brait's Debt-to-Equity has ranged from 0.20 to 0.99. According to the industry distribution chart, Brait ranks #487 out of 960 companies in the Asset Management industry, placing it in the top 50.7%.
Is Brait's Debt-to-Equity too high?
Brait's current Debt-to-Equity of 0.22 is 37% below median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.99. The Asset Management industry median Debt-to-Equity is 0.21. Brait's value of 0.22 is 4.8% above this industry median. Based on the distribution chart, Brait ranks #487 out of 960 companies in the Asset Management industry, which is below the industry midpoint. Overall, Brait has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Brait's Debt-to-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Brait ranks #487 out of 960 companies for Debt-to-Equity. This places Brait in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Brait's value of 0.22 is 4.8% above this benchmark. Historically, Brait's own Debt-to-Equity has ranged from 0.20 to 0.99 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.21, Brait has consistently been above the industry average. 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 an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 960 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. Brait's current Debt-to-Equity of 0.22 is 4.8% above the industry median. 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 Brait and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brait's current Debt-to-Equity is 0.22, which is 37% below median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brait stock overvalued right now?
Brait (JSE:BAT) has a current Debt-to-Equity of 0.22. The current Debt-to-Equity is 0.22, which is 37% below median its 10-year median of 0.35 and 4.8% above the Asset Management industry median of 0.21. Brait's overall GF Score™ is 15/100 with 5 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 Brait (JSE:BAT), the current Debt-to-Equity is 0.22 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.
Brait PLC is an investment holding company that previously transitioned from a private equity model. It makes investments in sizeable, unlisted businesses operating in the consumer sector. Its investment criteria include taking stakes in companies that make a material impact on Brait's earnings, have management, market position, product line, and a historical track record for profitable growth, all at a sensitive acquisition multiple. Brait measures performance by its net asset value's rolling compound annual growth rate over three years. Revenue is almost exclusively derived from gains on the group's investment portfolio.
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