Burcon NutraScience (TSX:BU) Debt-to-Equity : 0.91 (As of Jun. 2023)

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What is Burcon NutraScience Debt-to-Equity?

Burcon NutraScience's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was C$0.05 Mil. Burcon NutraScience's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was C$5.23 Mil. Burcon NutraScience's Total Stockholders Equity for the quarter that ended in Jun. 2023 was C$5.80 Mil. Burcon NutraScience's debt to equity for the quarter that ended in Jun. 2023 was 0.91.

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

TSX:BU' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.11 Med: 0.46 Max: 7.42
Current: 0.91

During the past 13 years, the highest Debt-to-Equity Ratio of Burcon NutraScience was 7.42. The lowest was -3.11. And the median was 0.46.

TSX:BU's Debt-to-Equity is ranked worse than
75.2% of 1637 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs TSX:BU: 0.91

Burcon NutraScience Debt-to-Equity Historical Data

The historical data trend for Burcon NutraScience'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.

Burcon NutraScience Debt-to-Equity Chart

Burcon NutraScience Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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-1.64

0.29

1.25

Burcon NutraScience Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															-	0.10	0.73	1.25	0.91

Competitive Comparison of Burcon NutraScience's Debt-to-Equity

For the Packaged Foods subindustry, Burcon NutraScience'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.

Burcon NutraScience's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Burcon NutraScience's Debt-to-Equity distribution charts can be found below:

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

Burcon NutraScience Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Burcon NutraScience'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
	=	(0.034	+	5.137)	/	4.137
	=	1.25

Burcon NutraScience's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0.048	+	5.232)	/	5.803
	=	0.91

Burcon NutraScience (TSX:BU) 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.

Burcon NutraScience Debt-to-Equity Related Terms

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Burcon NutraScience (TSX:BU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Burcon NutraScience Corp (TSX:BU) » Definitions » Debt-to-Equity

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BRCNF:USA BNE:Germany

Address

1946 West Broadway, Vancouver, BC, CAN, V6J 1Z2

Website

https://www.burcon.ca

Burcon NutraScience Corp is a technology company in the development of plant-based proteins. With over 290 issued patent applications, that have been developed, Burcon has grown a portfolio of composition, application, and process patents covering novel plant-based proteins derived from pea, canola, soy, hemp, sunflower seed, and more. Its joint venture Merit Foods is building a protein production facility in Manitoba, Canada, where it will produce, under license, Burcon's novel pea and canola protein ingredients.

Executives

John Vassallo

Director

Burcon NutraScience (TSX:BU) Headlines

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