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Brikor (JSE:BIK) Debt-to-Equity : 0.40 (As of Aug. 2023)


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What is Brikor Debt-to-Equity?

Brikor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was R28.5 Mil. Brikor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was R21.7 Mil. Brikor's Total Stockholders Equity for the quarter that ended in Aug. 2023 was R126.7 Mil. Brikor's debt to equity for the quarter that ended in Aug. 2023 was 0.40.

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

JSE:BIK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19   Med: 0.34   Max: 10.93
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of Brikor was 10.93. The lowest was 0.19. And the median was 0.34.

JSE:BIK's Debt-to-Equity is ranked worse than
52.81% of 356 companies
in the Building Materials industry
Industry Median: 0.38 vs JSE:BIK: 0.40

Brikor Debt-to-Equity Historical Data

The historical data trend for Brikor'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.

Brikor Debt-to-Equity Chart

Brikor Annual Data
Trend Feb12 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.25 0.19 0.29 0.64

Brikor Semi-Annual Data
Aug11 Feb12 Aug12 Aug13 Feb15 Feb16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.29 0.25 0.64 0.40

Competitive Comparison of Brikor's Debt-to-Equity

For the Building Materials subindustry, Brikor'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.


Brikor's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Brikor's Debt-to-Equity distribution charts can be found below:

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



Brikor Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Brikor's Debt to Equity Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Brikor's Debt to Equity Ratio for the quarter that ended in Aug. 2023 is calculated as

* 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.


Brikor  (JSE:BIK) 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.


Brikor Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Brikor's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Brikor (JSE:BIK) Business Description

Traded in Other Exchanges
N/A
Address
1 Marievale Road, Vorsterskroon, Nigel, GT, ZAF, 1490
Brikor Ltd is a conglomerate company engaged in the manufacturing and supplying of bricks and mining of coal. The company operates in two segments which are Bricks, which include manufacturing and sales of bricks, and Coal which includes mining and sale of coal. The company earns the majority of its revenue from the Bricks segment.

Brikor (JSE:BIK) Headlines

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