Bens Creek Group (LSE:BEN) Debt-to-Equity : 3.14 (As of Sep. 2023)

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What is Bens Creek Group Debt-to-Equity?

Bens Creek Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £2.84 Mil. Bens Creek Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £23.06 Mil. Bens Creek Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £8.25 Mil. Bens Creek Group's debt to equity for the quarter that ended in Sep. 2023 was 3.14.

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 Bens Creek Group's Debt-to-Equity or its related term are showing as below:

LSE:BEN' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.34 Med: 0.55 Max: 3.14
Current: 3.14

During the past 3 years, the highest Debt-to-Equity Ratio of Bens Creek Group was 3.14. The lowest was -1.34. And the median was 0.55.

LSE:BEN's Debt-to-Equity is ranked worse than
96.73% of 551 companies
in the Steel industry
Industry Median: 0.42 vs LSE:BEN: 3.14

Bens Creek Group Debt-to-Equity Historical Data

The historical data trend for Bens Creek Group'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.

Bens Creek Group Debt-to-Equity Chart

Bens Creek Group Annual Data

Trend

Mar21

Mar22

Mar23

Debt-to-Equity

-1.34

0.40

0.97

Bens Creek Group Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			0.27	0.40	0.70	0.97	3.14

Competitive Comparison of Bens Creek Group's Debt-to-Equity

For the Coking Coal subindustry, Bens Creek Group'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.

Bens Creek Group's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bens Creek Group's Debt-to-Equity distribution charts can be found below:

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

Bens Creek Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bens Creek Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(12.519	+	5.91)	/	18.952
	=	0.97

Bens Creek Group's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(2.843	+	23.055)	/	8.25
	=	3.14

Bens Creek Group (LSE:BEN) 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.

Bens Creek Group Debt-to-Equity Related Terms

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Bens Creek Group (LSE:BEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bens Creek Group PLC (LSE:BEN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BENCF:USA

Address

15 Stratton Street, London, GBR, W1J 8LQ

Website

https://www.benscreek.com

Bens Creek Group PLC owns and operates metallurgical coal mines in North America. Its main country of operation is the United States of America. The company is engaged in Ben's creek mining project situated in the southern part of the state of West Virginia and the eastern edge of the Commonwealth of Kentucky. The company has two geographical segment, the United Kingdom and the United States of America ("USA"). Activities in the UK are mainly administrative in nature whilst the activities in the USA relate to coal production and sale of coal. Geographically the company derives the majority of its revenue from USA.